Property listed by Kidder Mathews of California, Inc., Darin Spillman 310-312-1800
$850,000
Well-maintained fourplex located just minutes from Culver City in the rapidly evolving West Adams neighborhood. The property features an attractive unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, complemented by a detached four-car carport in the rear and an additional on-site parking space in front. The building has… Read More benefited from multiple recent capital improvements, including an electrical system upgrade, new roof, drainage improvements (non-waste lines) with ABS piping, installation of a new common water heater, fresh exterior paint, and a recently serviced main sewer line. One of the 1-bedroom units was renovated approximately three years ago, featuring updated flooring, countertops, and kitchen fixtures. The property has also recently passed SCEP inspection, reflecting strong ongoing maintenance and ownership pride. Ideally positioned near the growing retail and dining corridors along Adams and Jefferson Boulevards, 5343 Carlin Street presents a compelling opportunity to acquire a turnkey asset in one of Los Angeles' most dynamic and centrally located submarkets. All units are occupied and none will be delivered vacant. Units are on month to month leases but subject to the rent stabilization ordinance (RSO). Read Less
Listing Snapshot
Days Online
9
Last Updated
Beds
6
Square Ft.
3,140
Lot Size
0.11 Acres
Year Built
1964
MLS Number
26670585
Additional Details
Building
Built in 1964, Living area: 3140.0, 1 building, 2 stories, Levels: One
Cooling
None
Heating
WallFurnace
Income
Gross Income: $68,527, Net Operating Income: $38,861
Based on information from California Regional Multiple Listing Service, Inc. as of 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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
