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$2,150,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 16 Total Beds
  • Updated 2 days ago
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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.

Full Property Details for 3644 Carmona Ave

General

  • Price: $2,150,000
  • Status: Pending
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 24-456623
  • Updated: 12/23/2024
  • Added to Site: 63 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 8

Bedrooms

  • Total Bedrooms: 16

Other Rooms

  • Laundry: Community

Additional Information

  • Other Features: None

Parking

  • Garage Description: Garage

Location

  • Area: Park Hills Heights
  • County: Los Angeles
  • Driving Directions: https://www.google.com/maps/place/3644+Carmona+Ave, +Los+Angeles, +CA+90016/@34.020304, -118.3665998, 17.49z/data=!4m6!3m5!1s0x80c2b9be5f2e6e69:0xc4936cb7dff350af!8m2!3d34.020254!4d-118.3668109!16s%2Fg%2F11c4qfr7lx?entry=ttu&g_ep=EgoyMDI0MTAyMS4xIKXMDSoASAFQAw%3D%3D

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: None

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 9,450
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1951
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 8
  • Unit Type: 2106

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.2172
  • Lot Size: 9461
  • Lot Size Source: Vendor Enhanced
  • Alley: Yes
  • Zoning: LARD2
  • Lot Description: 5 + Lots

Financial Considerations

  • Price Per Sq. Ft.: $227.51
  • Assessment Year: 1951

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 5025-006-007

Listed by Kidder Mathews of California, Inc., Scott Rosenberg

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Listing agent

— 3644 Carmona Ave —

  • Scott Rosenberg

    Kidder Mathews of California, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3644 Carmona Ave

School District:Los Angeles Unified School District
RatingNameGradesDistance
5
Baldwin Hills Magnet Elementary School
5421 Obama Blvd, Los Angeles, CA 90016
K-50.2 mi
2
Audubon Middle School
4120 11th Ave, Los Angeles, CA 90008
6-82.3 mi
2
Susan Miller Dorsey Senior High School
3537 Farmdale Ave, Los Angeles, CA 90016
9-121.2 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3644 Carmona Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/24/2024
Listed
$2,150,000
2.38%
MLS
4/28/2011
Sold
$2,100,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3644 Carmona Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,836
4%
$861,990
2%
2022
$11,338
2%
$845,089
2%
2021
$11,150
-1%
$828,519
1%
2020
$11,245
4%
$820,024
2%
2019
$10,845
2%
$803,947
2%
2018
$10,664
2%
$788,185
2%
2017
$10,411
3%
$772,731
2%
2016
$10,079
1%
$757,580
2%
2015
$9,945
-1%
$746,201
2%
2014
$10,028
—
$731,585
—
2013
$10,013
—
$728,280
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 3644 Carmona Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Kidder Mathews of California, Inc., Scott Rosenberg

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3644 Carmona Ave, Los Angeles, CA 90016 (MLS# 24-456623) is a Multi-Family property with units containing 16 bedrooms and 0 full bathrooms. 3644 Carmona Ave is currently listed for $2,150,000 and was received on October 24, 2024. Want to learn more about 3644 Carmona Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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