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2416 Carmona, Mid-City

Mid-City Fully Leased Fourplex

100% LEASED! Luxury new construction fourplex in prime Mid-City with ROOFTOP DECKS! Ultra-gentrified location that is walking distance to the Culver City Art District. REAL 5.28% cap rent!

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:

Other Features:

$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

2x 4b/4b+rooftop deck, 1x 4b/3.5b, 1x 3b/3b

Yes

4 Garage Spaces, 4 Exterior Spaces

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

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Contact

Elizabeth Maddox

818.850.8485

Lauren Cearley

213.302.8662

Property Presented By:

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