$1,585,000
SOLD SEP 4, 2024

2928 Carmona Ave Los Angeles, CA 90016

West Adams Neighborhood
13 Beds
10 Baths
6,429 Sq Ft
7,937 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

1% Below List Price

67 Days on Market

About This Home

As of September 2024

Seismic Earthquake Retrofit Complete!!! 2928 Carmona Avenue, located in the strong rental market of Mid-City, Los Angeles, CA The 6,429-square foot building is located on a 7,937-squarefoot lot with 10 parking spaces. The property is situated at the end of a charming cul-de-sac that has recently been landscaped. The 1964 building operates as nine units made up of six one-bedroom/one-bathroom units, two two bedroom/two-bathroom units and one three bedroom/ two bathroom unit. All units are individually metered for gas and electricity. There is an on-site laundry facility to provide extra revenue, .The subject property is located within proximity distance to the new Metro train station one block north of Jefferson Avenue and two blocks east of La Cienega Boulevard. A hands-on investor will enjoy this strong cash flow deal with 15 percent upside in the rental income.

Last Agent to Sell the Property

Shawn Mehrannia

Home Team Realty License #01874025 Listed on: 05/09/2024

Home Team Realty

Last Buyer's Agent

Dionya Jackson

Equity Union License #01977801

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Home Design

  • Split Level Home

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

  • The owner pays for water
  • 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
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6429
  • Lot Acreage: 0.1822
  • Probate: No
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 248.09

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 9

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 29.92
  • Assessed Improvement Value: 407162
  • Assessed Land Percent: 70.08
  • Assessed Land Value: 953766
  • Total Assessed Value: 1360928
  • Assessor Parcel Number: 5048-019-009
  • Lot Size Area: 7937

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 11.33
  • Number Of Units: 9
  • Total Annual Expense: 0
  • Type Of Units: Apartments
  • 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

  • Shawn Mehrannia

    Seller's Agent in 2024

    Shawn Mehrannia

    Home Team Realty

    (213) 804-7177

    1 in this area

    49 Total Sales

    Shawn Mehrannia
    Section Image
  • Dionya Jackson

    Buyer's Agent in 2024

    Dionya Jackson

    Equity Union

    (310) 754-0056

    1 in this area

    14 Total Sales

    Dionya Jackson
    Section Image

  • T

    Seller's Agent in 2013

    Tyler Virgadamo

    Marcus & Millichap

See All Agents

Map

Source: The MLS

MLS Number: 24-390239

The MLS

California Los Angeles County Los Angeles 90016 West Adams

2928 Carmona Ave, Los Angeles, CA

This home is located at 2928 Carmona Ave, Los Angeles, CA 90016 and is currently priced at $1,585,000, approximately $246 per square foot. This property was built in 1965. 2928 Carmona Ave is a home located in Los Angeles County with nearby schools including Marvin Avenue Elementary School, Daniel Webster Middle School, and Alexander Hamilton Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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