5439 Carlin Street
Los Angeles, CA 90016
- – beds
- – baths
- – sqft
- 9,658 sqft lot
- 1930 build
- – on site
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We are proud to present for sale, for the first time in over 30 years, a family-owned and managed apartment complex for nearly 3 decades; The Carlin Apartments. This investment property is comprised of 8 spacious units in a Prime West Adams Neighborhood of Los Angeles. The building is comprised of an attractive unit mix of FIVE (2 bed + 1 bath) and THREE (1 bed + 1 bath) units, all of which are spacious (building size of 5,684 SF) and gives the buyer an opportunity to invest in a growing location with rental upside potential nearing +/- 135%. The building has many recent capital improvements such as a completed soft-story retrofit (completed in December 2023) and is separately metered for gas and electricity. Some amenities include on-site covered parking (for select units) & additional income from the laundry room. With a Walkscore of 79, the building is located in the one of the best pockets in the city. Exceptional location, Culver City Adjacent, situated just South of Adams Blvd & East of La Cienega. The tenants enjoy being just minutes to the Culver City Arts District, Leimert Park, Beverly Grove and the West Side. Property is subject to City of Los Angeles' rent control ordinances. Please do not walk on the property, do not disturb or engage tenants regarding the property, all units are Occupied. Drive by only, tenants are not aware of the sale, direct all questions to agent. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please call/text/email the agents/office. All showings are subject to accepted offer, include your Proof of Funds.
Listed By CRMLS_CA / Enrique Viramontes / Remax Commercial and Investment Realty
Last checked:
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Last updated Sep 13, 2024
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MLS# 24402343 —
The Building
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Year Built:1930
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New Construction:No
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Building Area Total:5684.00
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# of Buildings:3
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Total Number Of Units:8
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Located South of Adams Blvd and East of Fairfax Ave
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Latitude:34.03088800
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Longitude:-118.36217000
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:9658.0000
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Lot Size Acres:0.2217
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Lot Size SqFt:9658.00
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Lot Size Source:Other
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5043009018
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered
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Parking Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/13/24
Sep 13, 2024
|
Sold | CRMLS_CA | $1,415,000 | -2.3% |
9/4/24
Sep 4, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,449,000 | |
8/5/24
Aug 5, 2024
|
Price Changed | CRMLS_CA | $1,449,000 | -3.4% |