1113 Carmona Avenue, Los Angeles, CA 90019 | MLS BB18218228 | Listing Information | Welcome to Real Living Premier Realty | Real Living Real Estate
Real Living Premier Realty
(951) 364-3100

1113 Carmona Avenue,  Los Angeles CA, 90019

5,641 sqft
Status: Active
MLS#: BB18218228
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Real Living Premier Realty
(951) 364-3100

Listing Provided Courtesy Of: The 2-4 Unit Specialists
Last Updated: 9/19/2018 8:36 PM
Description for 1113 Carmona Avenue Los Angeles, CA 90019
This is a never before seen opportunity to purchase the ONLY new construction fourplex built in the Miracle Mile. This remarkably rare property was built to luxury home standards, with huge walk in closets containing built-ins and enormous balconies offering breathtaking views of the charming residential streets below and the LA skyline beyond. 1113 Carmona is situated on a picturesque street that looks straight out of a fairy tale! It is around 0.7 miles from Museum Row, the series of museums that the Miracle Mile is famous for. In this upscale part of town, old DUPLEXES with rent control sell for around $2,000,000, making a NEW construction non-rent controlled FOURPLEX a truly unbeatable deal at $3,500,000. Not to mention, houses are transacting at almost $900 per SF. Why not buy this instead and owner occupy at $620.46 per SF? Additionally, if used solely for investment purposes, this fourplex offers buyers an estimated 5.02% cap rate! 1113 Carmona is made up of four 3 bedroom, 3 bathroom 3-story townhome style units with pro forma rents between $4,600 and $5,000. The property boasts six covered parking spaces and two uncovered parking spaces. The units feature top of the line appliances, high quality finishes, spacious floor plans, laundry hookups in unit, and separate meters for gas, water and electric.
Price
$3,500,000
Los Angeles
5,641 (approx)
BB18218228
Active
Description
This is a never before seen opportunity to purchase the ONLY new construction fourplex built in the Miracle Mile. This remarkably rare property was built to luxury home standards, with huge walk in closets containing built-ins and enormous balconies offering breathtaking views of the charming residential streets below and the LA skyline beyond. 1113 Carmona is situated on a picturesque street that looks straight out of a fairy tale! It is around 0.7 miles from Museum Row, the series of museums that the Miracle Mile is famous for. In this upscale part of town, old DUPLEXES with rent control sell for around $2,000,000, making a NEW construction non-rent controlled FOURPLEX a truly unbeatable deal at $3,500,000. Not to mention, houses are transacting at almost $900 per SF. Why not buy this instead and owner occupy at $620.46 per SF? Additionally, if used solely for investment purposes, this fourplex offers buyers an estimated 5.02% cap rate! 1113 Carmona is made up of four 3 bedroom, 3 bathroom 3-story townhome style units with pro forma rents between $4,600 and $5,000. The property boasts six covered parking spaces and two uncovered parking spaces. The units feature top of the line appliances, high quality finishes, spacious floor plans, laundry hookups in unit, and separate meters for gas, water and electric.
Listing Information
Property Type: Cluster, 3+ Story
0.14 Acres 5,641 (approx) $620.46
2018
4 Total
Neighborhood
Room Information
1 Master Suite, Walk-In Closet
Gas Dryer Hookup, Inside
Interior Features
Dishwasher, Freezer, Garbage Disposal, Gas Oven, Gas Range/Cooktop, Microwave, Refrigerator
Central Air
No Fireplace
Built-Ins, Built-Ins, High Ceiling, Storage, Washer Hook Ups
Exterior / Lot Features
8 Parking Spaces
Balcony
City
LARD1.5
Sidewalks, Curbs Walk
Driving Directions
On Carmona off San Vicente
Financial Considerations
5085005011
$230,400 Income ,$47,655Expense
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90019 has a population of 3,971,883.

The median household income in Los Angeles, California 90019 is $49,682. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Los Angeles 90019 is 34.6 years.

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Courtesy: Elizabeth Maddox - The 2-4 Unit Specialists
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 9/19/2018 8:36 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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