Skip To Content

    2220 S Carmelina Avenue

    Los Angeles (City), CA 90064
    • $1,695,000
    • STATUS: Active
    • ON SITE: 120 days
    • ID#: SB21006515
    UPDATED: 26 min ago
    $1,695,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,292
      SQFT
    • $740
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    This is where you need to invest! A great addition to an investor's existing real estate portfolio as a depreciation shelter w/superior appreciation potential due to it's excellent location to public transport and work areas.Towering Palm trees and lush landscaping surround these 2 separate twin triplexes that are being sold (together only) with 5/6 units completely remodeled-all ground level, 4 detached garages (2 doubles/2 singles). Each triplex has 2/1,1/1,1/1. Three minute walk to the Bundy/Exposition Metro station connecting to Santa Monica and Downtown LA. Bike Path across the street. Project located just around the corner is the architecturally attractive contemporary Creative Office Space Expo Station. 5/6 units remodeled with hardwood floors, granite counters, recessed lights, copper plumbing, mirrored closet doors, built in microwave, remodeled bathrooms with decorative tile to the ceiling. Each unit has a private entrance, use of a private garage and 2 units have a private patio. Common areas include a beautifully landscaped backyard/front yard with Palm Trees, Laundry room (coin operated- owned by sellers), sitting area under a pergola. These units rent very quickly and are very desirable for tenants! Virtual tour: https://youtu.be/syGaE4S0j6QWater and trash paid by owner, each unit has its own electric and gas meter. Check out virtual tour and property website. Don't miss this one!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T18:37:43.363. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/113202180
    Print Image

    2220 S Carmelina Avenue Los Angeles (City), CA 90064

    • Price: $1,695,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: SB21006515
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,292
    SQFT
    $740
    $/SQFT
    1954
    Built
    Neighborhood:
    WLA - West Los Angeles
    County:
    Los Angeles
    Area:
    WLA - West Los Angeles
    Property Description
    This is where you need to invest! A great addition to an investor's existing real estate portfolio as a depreciation shelter w/superior appreciation potential due to it's excellent location to public transport and work areas.Towering Palm trees and lush landscaping surround these 2 separate twin triplexes that are being sold (together only) with 5/6 units completely remodeled-all ground level, 4 detached garages (2 doubles/2 singles). Each triplex has 2/1,1/1,1/1. Three minute walk to the Bundy/Exposition Metro station connecting to Santa Monica and Downtown LA. Bike Path across the street. Project located just around the corner is the architecturally attractive contemporary Creative Office Space Expo Station. 5/6 units remodeled with hardwood floors, granite counters, recessed lights, copper plumbing, mirrored closet doors, built in microwave, remodeled bathrooms with decorative tile to the ceiling. Each unit has a private entrance, use of a private garage and 2 units have a private patio. Common areas include a beautifully landscaped backyard/front yard with Palm Trees, Laundry room (coin operated- owned by sellers), sitting area under a pergola. These units rent very quickly and are very desirable for tenants! Virtual tour: https://youtu.be/syGaE4S0j6QWater and trash paid by owner, each unit has its own electric and gas meter. Check out virtual tour and property website. Don't miss this one!
    Exterior Features

    Construction Materials Copper Plumbing Exterior Features Rain Gutters Fencing Vinyl Lot Features Near Public TransitSprinkler SystemTreesYard Number Of Separate Electric Meters 3 Other Structures Storage Parking Features Garage Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition View None View YN No

    Interior Features

    Appliances DishwasherGas CooktopDisposalMicrowave Common Walls 1 Common WallNo One AboveNo One Below Door Features Mirrored Closet Door(S) Fireplace Features None Fireplace YN No Flooring Wood Interior Features Ceiling Fan(S)Granite CountersRecessed LightingBedroom On Main Level Window Features BlindsScreens

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.98 Common Interest None Community Features Sidewalks Disclosures Familial RelationRent Control Electric Expense 1500 Garage YN Yes Gross Income 95400 Gross Scheduled Income 95400 Insurance Expense 1489 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Maintenance Expense 290 Net Operating Income 67445 New Construction YN No New Taxes Expense 21187 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 27955 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGasWater Total Actual Rent 7950 Trash Expense 1289 Utilities Cable AvailableElectricity AvailableWater Available Water Sewer Expense 1229 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Gina Ruiz of Clearsight Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T18:37:43.363. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365097614-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365097614-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365097614-1.jpg
    Logo
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094