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- LoopNet Team
1113 Carmona Ave
Los Angeles, CA 90019
2018 Fourplex in Miracle Mile! · Build-to-Rent Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Total Plot Size | 0.14 ac |
| Property Type | Build-to-Rent | Property Size | 5,641 sq ft |
| Property Subtype | Apartment | No. Floors | 3 |
| Apartment Style | Low-Rise | Year Built | 2018 |
| Costar Property Class | B | Parking Allocation | 1.42/1,000 sq ft |
| Use Class | LARD1.5 | ||
| No. Units | 4 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.14 ac |
| Property Size | 5,641 sq ft |
| No. Floors | 3 |
| Year Built | 2018 |
| Parking Allocation | 1.42/1,000 sq ft |
| Use Class | LARD1.5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Tub/Shower
- Views
- Walk-In Closets
- Framed Mirrors
- Freezer
SITE AMENITIES
- Gated
ABOUT 1113 CARMONA AVE , 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 $3,200,000. Not to mention, houses are transacting at almost $900 per SF. Why not buy this instead and owner occupy at $567.28 per SF? Additionally, if used solely for investment purposes, this fourplex offers buyers an estimated 5.61% 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.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 3+3 | 4 | £4,800 | 1,298 - 1,533 |
PROPERTY TAXES
| Parcel Number | 5085-005-011 | Improvements Assessment | £902,527 |
| Land Assessment | £1,432,762 | Total Assessment | £2,335,289 |
PROPERTY TAXES
