$2,900,000
$2,850,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
1816 Carmona AVE Los Angeles, CA 90019
6,390 Sqft Lot
Key Details
Sold Price $2,900,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB22057378
Sold Date 05/06/22
Construction Status Turnkey
HOA Y/N No
Year Built 2022
Lot Size 6,390 Sqft
Property Sub-Type Triplex
Property Description
1816 Carmona Ave is a sleek new construction triplex in prime Mid-City minutes from the Culver City Arts District and Downtown Culver! This gorgeous non rent-controlled triplex is located in an OPPORTUNITY ZONE and it is nearing completion. Now is the time to lock up the best priced triplex available while also taking advantage of the major tax benefits buying in an “OZ” provides!
1816 Carmona Ave is made up of 1) a large freestanding 3-story single family residence with 4 beds and 3.5 baths, plus a large front yard area and a 2-car garage and 2) two 3-story townhome style 4 bed, 4 bath units with a 1-car garage, 3 exterior spaces and a rear yard area. We project this property will bring an impressive 4.61% return- rare in this market of low 4% cap rates! In addition to being an ideal investment, this triplex is perfect for owner occupiers! Live in the expansive front house and have tenants in the rear building pay for your high quality of living!
This property boasts stainless steel kitchen appliances, washer/dryer hookups in each unit, no rent control, a 1-year builder's warranty, minimal maintenance, and separate meters for gas, water & electric!
Located 8 minutes from Culver City and the countless hotspots in the area, including the trendy Helms Bakery District, the Culver City Steps (Amazon Studios headquarters), Ivy Station (HBO headquarters), and the Cumulus District (Whole Foods). With the large quantity of entertainment, tech, and creative jobs in the area, 1816 Carmona Ave attracts high quality professional tenants.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Fence Excellent Condition, New Condition
Pool None
Community Features Curbs, Street Lights
View Y/N No
View None
Total Parking Spaces 6
Private Pool No
Building
Lot Description Drip Irrigation/Bubblers, Front Yard, Lawn, Landscaped, Level, Yard
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Three Or More
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 5064010008
Acceptable Financing Submit
Listing Terms Submit
Financing Cash to Loan
Special Listing Condition Standard
Lease Land No
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Bought with Bill Davis • Huntington Group
Madison Bovenkamp-Andrade
Realtor | Listing Specialist | 02163377 | License ID: #02163377