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$ 5,195,000
Est. payment /mo
New
1525 S Carmelina Los Angeles, CA 90025
15 Beds
14 Baths
6,863 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26208252
Bedrooms 15
Lot Size 6,863 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
1525 Carmelina Ave is a boutique collection of four brand new construction luxury residences situated on a quiet, tree lined street in Prime Sawtelle. This offering presents a rare opportunity for investors seeking a newly constructed, fully leased Westside asset with proven rental demand and exceptional in place income. All four residences leased in record time at premium rental rates of $8,495, $8,095, $7,895 for the 4 bedroom residences and $5,795/month for the 3 bedroom residence generating an impressive $363,360 in annual gross income. The rapid lease up showcases extremely strong tenant demand and the propertys ability to attract A+ renters immediately. The tenant make up is primarily young professionals drawn to the propertys luxury finishes, oversized layouts, and unbeatable Westside location. Ideally positioned just 1.5 miles from UCLA and moments from the renowned Sawtelle Boulevard dining corridor, the property benefits from constant demand driven by students, medical employees, tech workers, and Westside creatives seeking luxury rental housing near major employment and lifestyle hubs. Residents enjoy close proximity to acclaimed dining destinations including Tsujita LA Artisan Noodle and n/naka, along with everyday conveniences such as Mitsuwa Marketplace and Trader Joe's. Each residence was designed with high end residential finishes intended to compete with luxury single family homes, featuring expansive kitchen islands, custom cabinetry and millwork, marble style surfaces, oversized layouts averaging over 2,000 square feet, and seamless indoor outdoor living.
Location
State CA
County Los Angeles
Zoning Builder
Direction From the 405 Freeway, exit at Santa Monica Boulevard and head west. Turn left onto S Carmelina Avenue. The property at 1525 S Ca
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 4267029022
Listed by Lauren Cearley, DRE#02146823 Myunits.com Inc.
Co-listed byCheyenne Womack • Myunits.com Inc.
Co-listed byCheyenne Womack • Myunits.com Inc.
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