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Buy a propertyat 5563 Carlin Street, Los Angeles, CA 90016

$2,900,000

$0/mo

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Multifamily

5,158 Sq. Ft.

4,800 Sq. Ft. lot

12 Bedrooms

0 Bathrooms

319 Days on market

23280917 MLS ID

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About 5563 Carlin Street property

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.
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.

Property details

Appliances and Equipment

Dishwasher

Gas Range

Microwave

Refrigerator

Vented Exhaust Fan

Bathrooms

9 total bathrooms

Bedrooms

12 total bedrooms

House

3 total stories

Built in 2022

New construction

5,158 sqft living area

5158 total building sqft

Frame

Cooling

Central Air

Floors

Wood

Garage

4 garage spaces

Heating

Central

Income

Gross Income: 201600

Net Operating Income: 148923

Listing

Listing ID: 23280917

8 days on market

Listed on 2023-06-14

Location

County: Los Angeles

Lot

4800 sqft

0.1102 acres

Area: 4800

Dimensions: 40x120

Parking

4 total parking spaces

Garage

Property

2 buildings

3 units

Monthly cost

Estimated monthly cost

$18,480/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$2,726,000

+$87,000

$2,813,000

Seller agent commission$87,000 (3%)*

$0 (0%)

Buyer agent commission$87,000 (3%)*

$87,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with an Unreal Estate agent

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State

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Unreal Estate checked: Aug 8, 2023 at 4:34 p.m.

Data updated: Jun 22, 2023 at 11:05 a.m.

Property listed by Remax Commercial and Investment Realty, Enrique Viramontes
Based on information from California Regional Multiple Listing Service, Inc. as of 06/22/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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