2416 Carmona, Mid-City
Mid-City Fully Leased Fourplex
100% LEASED! Luxury new construction fourplex in prime Mid-City, featuring ROOFTOP DECKS! Located in an ultra-gentrified area, this property is within walking distance to the vibrant Culver City Art District, offering an array of trendy galleries, restaurants, and entertainment options. With exceptional finishes and modern design, each unit combines comfort with style. With a REAL 5.28% cap rate, this property is a high-return investment in one of LA’s most sought-after neighborhoods.
The Important
Details
List Price:
Property Type:
Status:
# Units:
Year Built:
Cap Rate:
GRM:
Gross Rent:
Bldg. SF:
Lot SF:
$/SF:
$/Unit:
Unit Mix:
Opportunity Zone:
Parking:
Rent Control:
$3,195,000
Fourplex
Off-Market
4
2023
5.28%
14.51
$220,200/Year
6,905 sqft
6,077 sqft
$462.71
$798,750
2 x 4b/4b+rooftop deck, 1 x 4b/3.5b, 1 x 3b/3b
Yes
3 Garage Spaces, 4 Exterior Spaces
Yes
Other Features:
Fully Stabilized, Rooftop Decks
The Highlights
Outstanding stabalized cap rate of 5.28%!
FULLY LEASED! Enjoy income on day 1!
Rooftop decks!
No rent control!
All units separately metered for gas, electric AND water!
Made up of four enormous, beautifully designed 3-story townhome style units!
Property boasts rooftop decks!
Huge, open floorplans.
Due to the high quality of construction, the property is very low maintenance.
Ideal parking set up! 3 garage and 4 exterior spaces.
With SB-8 in effect, less new constructions are being built, making properties like these an even more rare and hot commodity.
The Neighborhood
<15-Minute Walk
Alta, Open Face Food Shop, Tartine West Adams, Mecca Mid-City, Mian, Genesee Avenue Park, Delicious Pizza, The Gathering Spot LA, Martin Avenue Elementary School, Cliffs of Id, Bee Taqueria
<15-Minute Drive
he Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center
<$15 Uber Ride
he Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center
Contact
Lauren Cearley
213.302.8662
Property Presented By:
