Keller Williams Hollywood Hills - Josana Joseph
1/10
Listed By: Greysteel California, Inc., 310-382-6705, Everett Wong
Local Realty Services Provided By: Keller Williams Santa Monica
Overview
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$2,800,000
1320 S Carmelina Avenue, Los Angeles, CA 90025
6,875 sq ft
.17 ac
$2,800,000

1320 S Carmelina Avenue, Los Angeles, CA 90025

Estimation provided by Keller Williams Realty Inc.
6,875 sq ft
.17 ac
Active
For Sale

Property Description

Located in a highly desirable West Los Angeles submarket, 1320 S. Carmelina Ave offers a prime multifamily value-add investment opportunity just one block south of Wilshire Blvd and bordering Brentwood, one of the area’s most sought-after rental markets. This 9-unit apartment building, constructed in 1963, spans 6,875 square feet on a 7,382 square foot [Q]R3-1 zoned lot. The property features a diverse unit mix, including (6) one-bedroom, one-bath units, (1) three-bedroom, two-bath unit, (1) two-bedroom, two-bath unit, and (1) bachelor unit. With approximately 43% rental upside, this asset presents a compelling value-add investment with strong long-term growth potential.



This is one of a 4-property, 37-Unit Westside portfolio which may be delivered individually or collectively. The other addresses are: 1511 Corinth Avenue (8 Units), 3310 S. Keystone Avenue (10 Units), and 3636 S. Keystone Avenue (10 Units).

Property Details

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Overview
Property Type
Mixed Use
Property Size
6,875 sq ft
Year Built
1963
Days on Site
52 Days
Parking
8 Parking Spaces
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

Activity History

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Purchase Price: $2,800,000
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Price & Tax History

Date
Event
Price
02/03/2025
Listed
$2,800,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$5,485
(+3.97%)
$357,404
Land 140,896 + Additions 216,508
2022
$5,276
(+1.96%)
$343,535
Land 135,426 + Additions 208,109
2021
$5,174
(+2.56%)
$343,535
Land 135,426 + Additions 208,109
2019
$5,045
(+5.68%)
$339,816
Land 134,038 + Additions 205,778
2017
$4,774
$326,623
Land 128,834 + Additions 197,789
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551

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