3650 Carmona Ave
Los Angeles, CA 90016
16 Beds8 Baths9,450 Sq Ft59 Days on Market
For Sale $2,025,000
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Courtesy of Kidder Mathews of California, Inc.
Listing Agent & Comments
The property is located in a charming pocket of Baldwin Hills, just East of the Cumulus Development on La Cienega and Jefferson. With trendy eateries, bars, shops, and iconic landmarks just minutes away, the property benefits from a positive trend in rental demand due to a shift from a workforce population to a tech and entertainment centered tenancy. It is comprised of 8 total units, with a desirable mix of 2+1 units averaging approximately 1,181 SF. The property is also equipped with 8 garages that open to a large alley and an attached laundry room, as well as tidy landscaping and classing 1950's features throughout. The average current rents for the units are significantly below market rates, presenting an approximate 50% in NOI upside. With premium upgrades, an investor may be able to create a new market rate beyond the published market target. The 8 garages are an excellent potential candidate for ADU conversions. With its prime location in this special pocket of Baldwin Hills along with the distinctive features, overall condition, and considerable upside potential, this property is a standout choice.
MLS# 24456659 • Data provided by CRMLS
Living Area | 9,450 Sq.Ft. |
---|---|
Lot Size | 9,461 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 16 |
Bathrooms | 8 |
Stories | -- |
Year Built | 1951 |
Property Type | Multifamily |
Zoning | LARD2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $12,042 |
Property in Flood Zone | -- |
Data provided by CRMLS.
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More Information On This Home
This home's estimated value
$1,987,278
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
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HouseCanary, Inc. Brokerage
3650 Carmona Ave., Los Angeles, CA 90016
Multifamily16 Beds8 Baths9,450 Sq Ft59 Days on Market
Listing Agent & Comments
The property is located in a charming pocket of Baldwin Hills, just East of the Cumulus Development on La Cienega and Jefferson. With trendy eateries, bars, shops, and iconic landmarks just minutes away, the property benefits from a positive trend in rental demand due to a shift from a workforce population to a tech and entertainment centered tenancy. It is comprised of 8 total units, with a desirable mix of 2+1 units averaging approximately 1,181 SF. The property is also equipped with 8 garages that open to a large alley and an attached laundry room, as well as tidy landscaping and classing 1950's features throughout. The average current rents for the units are significantly below market rates, presenting an approximate 50% in NOI upside. With premium upgrades, an investor may be able to create a new market rate beyond the published market target. The 8 garages are an excellent potential candidate for ADU conversions. With its prime location in this special pocket of Baldwin Hills along with the distinctive features, overall condition, and considerable upside potential, this property is a standout choice.
MLS# 24456659 • Data provided by CRMLS
Living Area | 9,450 Sq.Ft. |
---|---|
Lot Size | 9,461 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 16 |
Bathrooms | 8 |
Stories | -- |
Year Built | 1951 |
Property Type | Multifamily |
Zoning | LARD2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $12,042 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $2,025,000
Request tour
Save
Courtesy of Kidder Mathews of California, Inc.
3650 Carmona Ave
Los Angeles, CA 90016
16 Beds8 Baths9,450 Sq Ft59 Days on Market
Listing Agent & Comments
The property is located in a charming pocket of Baldwin Hills, just East of the Cumulus Development on La Cienega and Jefferson. With trendy eateries, bars, shops, and iconic landmarks just minutes away, the property benefits from a positive trend in rental demand due to a shift from a workforce population to a tech and entertainment centered tenancy. It is comprised of 8 total units, with a desirable mix of 2+1 units averaging approximately 1,181 SF. The property is also equipped with 8 garages that open to a large alley and an attached laundry room, as well as tidy landscaping and classing 1950's features throughout. The average current rents for the units are significantly below market rates, presenting an approximate 50% in NOI upside. With premium upgrades, an investor may be able to create a new market rate beyond the published market target. The 8 garages are an excellent potential candidate for ADU conversions. With its prime location in this special pocket of Baldwin Hills along with the distinctive features, overall condition, and considerable upside potential, this property is a standout choice.
MLS# 24456659 • Data provided by CRMLS
Living Area | 9,450 Sq.Ft. |
---|---|
Lot Size | 9,461 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 16 |
Bathrooms | 8 |
Stories | -- |
Year Built | 1951 |
Property Type | Multifamily |
Zoning | LARD2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $12,042 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,987,278
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $2,025,000
Request tour
Save
Courtesy of Kidder Mathews of California, Inc.