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5563 Carlin Street

Los Angeles (City), CA 90016
  • $2,430,000
  • STATUS: Active Under Contract
  • ON SITE: 310 Days
  • ID#: 23280917
Under Contract
$2,430,000
  • 12
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,158
    SQFT
  • $471
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Listing Agent(s): Enrique Viramontes of Remax Commercial and Investment Realty (213-817-1000) and Benjamin J. Hsiang of ()


Description

New construction income property in prime West Adams! This opportunity consists of three spacious apartments plus two recreation rooms (that are currently being used as workspaces). The front building includes a huge 6 bedroom, 5 bath two-story house with a workspace/recreation room on the ground floor. The rear building includes two 3 bedroom, 3 bath apartments with a separate workspace on the ground floor. Certificate of Occupancy has been issued and in hand! The large 6 bedroom unit is currently vacant and is perfect for an owner-user, short term rental, co-living opportunity, etc. Each unit is equipped with stainless steel appliances, central HVAC systems, and many modern upgrades. The Carlin apartments are located in one of the most desirable pockets in the city, West Adams. The property sits just south of Adams Blvd and east of La Cienega, only minutes to Culver City, Arts District, Leimert Park, Beverly Grove and the West Side. Countless restaurants, coffee shops, retail and employment hubs are a short drive from the subject property including but not limited to Amazon Studios, Sony Pictures, HBO, etc.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-19T18:28:35.703. 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 Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
www.socalrealtyexpert.com/homes/140583510
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5563 Carlin Street Los Angeles (City), CA 90016

  • Price: $2,430,000
  • Status: Active Under Contract
  • On Site: 310 Days
  • ID#: 23280917
12
Beds
0
Baths
0
½ Baths
0.11
Acres
5,158
SQFT
$471
$/SQFT
2022
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
New construction income property in prime West Adams! This opportunity consists of three spacious apartments plus two recreation rooms (that are currently being used as workspaces). The front building includes a huge 6 bedroom, 5 bath two-story house with a workspace/recreation room on the ground floor. The rear building includes two 3 bedroom, 3 bath apartments with a separate workspace on the ground floor. Certificate of Occupancy has been issued and in hand! The large 6 bedroom unit is currently vacant and is perfect for an owner-user, short term rental, co-living opportunity, etc. Each unit is equipped with stainless steel appliances, central HVAC systems, and many modern upgrades. The Carlin apartments are located in one of the most desirable pockets in the city, West Adams. The property sits just south of Adams Blvd and east of La Cienega, only minutes to Culver City, Arts District, Leimert Park, Beverly Grove and the West Side. Countless restaurants, coffee shops, retail and employment hubs are a short drive from the subject property including but not limited to Amazon Studios, Sony Pictures, HBO, etc.
Exterior Features

Construction Materials Frame Parking Features Garage Parking Total 4 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Appliances DishwasherGas RangeMicrowaveRefrigeratorVented Exhaust Fan Cooling Central Air Cooling YN Yes Flooring Wood Heating Central Heating YN Yes

Property Features

Association YN No Cap Rate 6.49 Garage YN Yes Gross Income 202800 Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 157639 New Construction YN Yes Rent Control YN No Senior Community YN No Special Listing Conditions Standard Zoning LARD 2



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-19T18:28:35.703. 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 Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.
 
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Robin McCann | EXIT Alliance Realty
43521 Rige Park Drive, Suite 201
Temecula CA, 92590
Listing Agent(s): Enrique Viramontes of Remax Commercial and Investment Realty (213-817-1000) and Benjamin J. Hsiang of ()