2530 Carmona Ave, Los Angeles, CA 90016
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2530 Carmona Ave Los Angeles, CA 90016

$1,500,000 Sold Price as of 07/19/2021
  • 12 Beds
  • 8 Baths
  • 4,592 Sq.Ft.
Sold
$1,500,000 Sold Price as of 07/19/2021 Refinance Your Mortgage

Map preview of 2530 Carmona Ave, Los Angeles, CA 90016

Property Overview: 2530 Carmona Ave Los Angeles, CA has 12 bedrooms, 8 bathrooms, 4,592 living square feet and 5,672 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Shaky escrow and looking for backups! Finally, a dream opportunity for savvy investors, owner-users, 1031 exchangers and builders in search of that ultra rare 4-plex with 3 units delivered vacant at closing offering a plethora of options to rent as-is, occupy and collect on the others, make additional value-add improvements to achieve higher rents or convert to condos/TIC/add an ADU (check w/ city). All units are spacious 3+2's and 3 have cosmetic upgrades like quartz kitchens with newer cabinetry, remodeled baths, dual pane vinyl windows and laminate floors. An exterior community laundry closet could house pay-per-use machines for additional income, while 5 outdoor parking spaces and NO soft-story retrofitting are added conveniences. Superbly situated on a quaint cul-de-sac in a rapidly emerging West Adams neighborhood among newly built commercial and residential spaces including the infamous Cumulus campus anchored by Whole Foods market. Culver City, Beverly Hills, Silicon Beach, Downtown LA, and the Expo light rail line are only moments away. Rent for vacant units is projected and expenses are minimal since units are individually metered for gas + electric and even better, no garden means no gardener! Sewer/trash and water covered by landlord. Excellently positioned so that the numbers make sense with plenty of room to grow.

Listed by Eric Akutagawa | BRE #01432257 | Compass
Last checked: 10 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
5,672
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21709594
City
Los Angeles
County
Los Angeles
Time on Site
1146 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,910
  • Total Rent: $1,910
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.6%
  • Gross Rent Multiplier: 12.5
  • Gross Scheduled Income: --
  • Net Operating Income: $85,486
  • Gross Operating Income: $115,824
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $150
  • New Taxes: $19,850
  • Trash: $300
  • Insurance: $184
  • Maintenance: $1,000
  • Water/Sewer: $150

Property Details for 2530 Carmona Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Space Heater
Laundry Information
  • Has Laundry
  • Stackable, In Closet, Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator, Range, Range Hood
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Side by Side, Uncovered, Driveway
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5048001043
  • Architectural Style: Mid Century Modern
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: N/Adams - S/ 10 Fwy - E/Fairfax - W/Hauser
View more facts & features

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Sale History for 2530 Carmona Ave

Last sold for $1,500,000 on July 19th, 2021
  • July, 2021

  • Jul 22, 2021

    Date

    Sold

    CRMLS: 21709594

    $1,500,000

    Price

  • Jun 25, 2021

    Date

    Pending

    CRMLS: 21709594

    $1,525,000

    Price

  • Jun 17, 2021

    Date

    Active Under Contract

    CRMLS: 21709594

    $1,525,000

    Price

  • Apr 16, 2021

    Date

    Pending

    CRMLS: 21709594

    $1,525,000

    Price

  • Apr 15, 2021

    Date

    Hold

    CRMLS: 21709594

    $1,525,000

    Price

  • Apr 15, 2021

    Date

    Price Change

    CRMLS: 21709594

    $1,525,000

    Price

  • Mar 27, 2021

    Date

    Active

    CRMLS: 21709594

    $1,588,000

    Price

  • February, 2021

  • Feb 27, 2021

    Date

    Expired

    CRMLS: 20624776

    $2,700

    Price

  • Sep 19, 2020

    Date

    Price Change

    CRMLS: 20624776

    $2,700

    Price

  • Aug 28, 2020

    Date

    Active

    CRMLS: 20624776

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Remodeled recently, new floor and paint. Property is adjacent to the Culver City Art's District. Bike or Bird to new Apple or Amazon Campus. Easy access to freeway and metro to DTLA, Santa Monica and everywhere. Centrally located near freeways, shopping, dining and entertainment The property has wood flooring and custom cabinets and quartz countertop. Good sized master suite and two bedrooms sharing one full bath. Move-in ready. Two (2) side by side parking included. Must see!

  • August, 2020

  • Aug 27, 2020

    Date

    Expired

    CRMLS: 20573692

    $2,800

    Price

  • Apr 27, 2020

    Date

    Active

    CRMLS: 20573692

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Remodeled recently, new floor and paint. Property is adjacent to the Culver City Art's District. Bike or Bird to new Apple or Amazon Campus. Easy access to freeway and metro to DTLA, Santa Monica and everywhere. Centrally located near freeways, shopping, dining and entertainment The property has wood flooring and custom cabinets and quartz countertop. Good sized master suite and two bedrooms sharing one full bath. Move-in ready. Must see!

  • April, 2020

  • Apr 26, 2020

    Date

    Leased

    CRMLS: 20550906

    $2,800

    Price

  • Feb 5, 2020

    Date

    Active

    CRMLS: 20550906

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Move-in ready in March 15th or sooner!! Remodeled recently. Property is adjacent to the Culver City Art's District. Bike or Bird to new Apple or Amazon Campus. Easy access to freeway and metro to DTLA, Santa Monica and everywhere. Centrally located near freeways, shopping, dining and entertainment The property has wood flooring and custom cabinets and quartz countertop. Good sized master suite and two bedrooms sharing one full bath. Must see!

  • June, 2019

  • Jun 1, 2019

    Date

    Leased

    CRMLS: 19461248

    $2,700

    Price

  • May 16, 2019

    Date

    Price Change

    CRMLS: 19461248

    $2,700

    Price

  • May 1, 2019

    Date

    Active

    CRMLS: 19461248

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Move in ready!!! Just remodeled property adjacent to the Culver City Art's District. Bike or Bird to new Apple or Amazon Campus. Easy access to freeway and metro to DTLA, Santa Monica and everywhere. Centrally located near freeways, shopping, dining and entertainment The property is all laminate floor and custom cabinets and quartz counter top. Good sized master suite and two bedrooms sharing one full bath. Must see.

  • April, 2019

  • Apr 29, 2019

    Date

    Canceled

    CRMLS: 19457370

    $2,700

    Price

  • Apr 20, 2019

    Date

    Active

    CRMLS: 19457370

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    Just remodeled property adjacent to the Culver City Art's District. Bike or Bird to new Apple or Amazon Campus. Easy access to freeway and metro to DTLA, Santa Monica and everywhere. Downstairs unit. Close to trendy restaurant and stores. The property is all laminate floor and custom cabinets and quartz counter top. Good sized master suite and two bedrooms sharing one full bath. Must see. Move in ready.

  • April, 2019

  • Apr 20, 2019

    Date

    Canceled

    CRMLS: 19444370

    $2,800

    Price

  • Mar 15, 2019

    Date

    Active

    CRMLS: 19444370

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Just remodeled property adjacent to the Culver City Art's District. Bike or Bird to new Apple or Amazon Campus. Easy access to freeway and metro to DTLA, Santa Monica and everywhere. Close to trendy restaurant and stores. The property is all laminate floor and custom cabinets and quartz counter top. Good sized master suite and two bedrooms sharing one full bath. Must see. Move in ready.

  • April, 2019

  • Apr 6, 2019

    Date

    Expired

    CRMLS: 19431974

    $2,800

    Price

  • Mar 6, 2019

    Date

    Withdrawn

    CRMLS: 19431974

    $2,800

    Price

  • Feb 7, 2019

    Date

    Active

    CRMLS: 19431974

    $2,800

    Price

  • Listing provided courtesy of CRMLS

    Newly remodeled property adjacent to the Culver City Art's District. Bike or Bird to new Apple or Amazon Campus. Easy access to freeway and metro to DTLA, Santa Monica and everywhere. Close to trendy restaurant and stores. The property is all laminate floor and custom cabinets and quartz counter top. Good sized master suite and two bedrooms sharing one full bath. Must see. Move in is available in the first week of March.

  • March, 2016

  • Mar 21, 2016

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

Show More

Tax History for 2530 Carmona Ave

Assessed Value (2020): $974,188
Year Land Value Improved Value Assessed Value
2020 $681,932 $292,256 $974,188

Home Value Compared to the Market

This property vs the competition

2530 Carmona Ave sold on July 19, 2021 for 28.15% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $332.1 per/sqft which puts the price per square foot 56.01% lower than the current median sale per square foot for the city of Los Angeles.

About 2530 Carmona Ave

Detailed summary of property

2530 Carmona Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 4,592 living square feet, and sits on an approximately 5,672 square foot lot. 2530 Carmona Ave was first listed on ArdentRealEstateGroup.com on March 27, 2021. The homeowner sold the property for $1,500,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 28.15% higher than the current median priced home. Local homes that are currently for sale include 1460 S Burnside Ave, 1455 S Genesee Ave and 1724 S Crescent Heights Blvd. While the average home in Los Angeles, CA is selling in 94 days, 2530 Carmona Ave has a days on market of 19 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2530 Carmona Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2530 Carmona Ave

Public county record property details
Beds
12
Baths
8
Year built
--
Sq. Ft.
4,592
Lot Size
5,671
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
79
APN
5048-001-043

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,060,000
Median List Price/Sq.Ft.
$740
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
76
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Related Resources to 2530 Carmona Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.