1315 S Carmelina Avenue, Los Angeles, CA 90025
- $4,605,000
- 16
- BD
- 16
- BA
- 9,381
- SqFt
- Sold Price
- $4,605,000
- List Price
- $4,650,000
- Closing Date
- Oct 21, 2025
- Status
- CLOSED
- MLS#
- 25589541
- Year Built
- 1989
- Bedrooms
- 16
- Bathrooms
- 16
- Living Sq. Ft
- 9,381
- Lot Size
- 7,360
- Acres
- 0.17
- Days on Market
- 19
- Property Type
- Multifamily
- Stories
- Three Or More Levels
Property Description
We are pleased to present 1315 S Carmelina Avenue, an opportunity to acquire a well-positioned eight-unit multifamily property in the highly sought-after West Los Angeles submarket. Constructed in 1989, the property offers a blend of stable in-place income and long-term growth potential, with a current 12.85 GRM and 4.78% cap rate. Each of the eight residences features a spacious two-bedroom floor plan, with four units including lofts and private rooftop decks that enhance livability and tenant appeal. The building is thoughtfully designed with individual washer/dryer hookups, central air conditioning and heating, fireplaces, and oversized private balconies. In addition to secured entry and gated parking, residents also benefit from two parking spaces per unit. The property is not subject to City of Los Angeles rent control. Instead, it falls under the preferable AB1482 framework, which permits annual rent increases of 5% plus CPI (capped at 10%).
Additional Information
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Attached Structure
- Attached
- Number Of Units Total
- 8
Listing courtesy of Listing Agent: Benjamin J. Hsiang (bhsiang@riacre.com) from Listing Office: Realty Investment Advisors, Inc..
Listing sold by Benjamin J. Hsiang from Realty Investment Advisors, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.