$1,030,000
SOLD DEC 27, 2013
13 Beds
10 Baths
6,429 Sq Ft
7,937 Sq Ft Lot

Recently Sold

$160 Per Sq Ft

6% Below List Price

229 Days on Market

About This Home

As of September 2024

Tyler Virgadamo is pleased to present 2928 CarmonaAvenue, located in the strong rental market of Mid-City, LosAngeles, CAThe 6,429-square foot building is located on a 7,937-squarefoot lot with 10 parking spaces. The property is situated atthe end of a charming cul-de-sac that has recently beenlandscaped. The 1964 building operates as nine units madeup of six one-bedroom/one-bathroom units, two twobedroom/two-bathroom units and one three bedroom/twobathroomunit. All units are individually metered for gas andelectricity. There is an on-site laundry facility to provideextra revenue, and the roof has been recently refurbishedas of March 2013.The subject property is located within walking distance tothe new Metro train station one block north of JeffersonAvenue and two blocks east of La Cienega Boulevard. Ahands-on investor will enjoy this strong cash flow deal with 15 percent upside in the rental income.

Last Agent to Sell the Property

Tyler Virgadamo

Marcus & Millichap License #01900706 Listed on: 04/26/2013

Last Buyer's Agent

Tyler Virgadamo

Marcus & Millichap License #01900706 Listed on: 04/26/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Interior Spaces

  • 6,429 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 10 Bathrooms

Parking

  • 9 Parking Spaces
  • Carport

Additional Features

  • 7,937 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5048-019-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6429
  • Price Per Unit: 122222.00
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 10.00
  • Den: 0
  • Price Per S Q F T: 170.94

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 9

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 154151
  • Assessed Land Value: 359687
  • Assessor Parcel Number: 5048-019-009
  • Geocode Override: No
  • Lot Size Area: 7937

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.41
  • Number Of Units: 9
  • Rent Control: 100
  • Total Annual Expense: 38363
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 5.00
  • Vacancy Rate: 0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $1,585,000 -0.6% $247 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $1,595,000 +54.9% $248 / Sq Ft
12/27/2013 12/27/13 Sold $1,030,000 -6.4% $160 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
04/26/2013 04/26/13 For Sale $1,100,000 -- $171 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-668295

The MLS