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2618 Carleton Avenue

Los Angeles, CA 90065

– beds
– baths
– sqft
8,002 sqft lot
1924 build
– on site

Coming Soon: Exceptional Investment Opportunity in Northeast Los Angeles!... Don’t miss this incredible chance to own a 12-unit, low-maintenance property in the heart of Northeast Los Angeles. Each unit is a single with one bathroom, all currently rented and generating steady income, with the added potential for rent increases as leases renew….. This property boasts six separate buildings, ample gated parking spaces for tenant convenience, and one additional uncovered space. An on-site laundry room provides extra income, further enhancing the investment's value….. Located in a sought-after neighborhood, the property combines charm and convenience. With a gross rent multiplier (GRM) of 12.2, this property offers a rare opportunity for reliable cash flow and long-term appreciation. The gated parking and added amenities make it an attractive option for tenants, ensuring high occupancy rates in a competitive rental market.... Situated in a prime area of Northeast Los Angeles, the property provides easy access to shopping, dining, and major freeways, making it highly appealing to renters. Its strategic location and income-generating features make this an ideal addition to any investor’s portfolio…… Contact us today to explore how you can make this exceptional investment property your own.

Listed By CRMLS_CA / Luis Sanchez / LUIS SANCHEZ, BROKER / 3232727184

Last checked: Checking… • Last updated Jan 22, 2025 •

MLS# CV25013549 —

The Building

Year Built:

1924
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

2376.00
Building Area Units:

Square Feet
Total Number Of Units:

12
# of Buildings:

6
Stories Total:

1
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

12
# of Separate Water Meters:

1
# of Separate Electric Meters:

12

Interior

Levels:

One
Entry Location:

1
Laundry:

Individual Room
Laundry:

1

Location

Latitude:

34.09064700
Longitude:

-118.22630900

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

LAR1
Lot Features:

0-1 Unit/Acre
Lot Size Area:

8002.0000
Lot Size Acres:

0.1837
Lot Size SqFt:

8002.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

1853.20
Tax Tract:

4
Tax Lot:

81

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5453007029
Showings Begin:

2025-01-21

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Biking, Dog Park, Fishing, Hiking, Park, Sidewalks, Storm Drains, Street Lights, Urban
Pool:

None
Senior Community:

No
Private Pool:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/21/25 Jan 21, 2025	Listed / Active	CRMLS_CA	$1,599,999
3/22/24 Mar 22, 2024	Listed / Active	CRMLS_CA

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This multifamily located in Northeast LA, Los Angeles, CA 90065 is currently for sale for $1,599,999. 2618 Carleton Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 2618 Carleton Avenue is in the Northeast LA neighborhood of Los Angeles and has a WalkScore® of 72, making it very walkable. This multifamily is in the attendance area of Florence Nightingale Middle School, Abraham Lincoln Senior High School, Benjamin Franklin High School, Aragon Avenue Elementary School, and Woodrow Wilson Senior High School.

Listing Courtesy of: CRMLS_CA and LUIS SANCHEZ, BROKER. Based on information from California Regional Multiple Listing Service, Inc. as of 22:51 on Jan 21.

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.