5439 Carlin St Los Angeles, CA 90016
West Adams Neighborhood
13
Beds
8
Baths
5,684
Sq Ft
9,658
Sq Ft Lot
About This Home
As of September 2024We are proud to present for sale, for the first time in over 30 years, a family-owned and managed apartment complex for nearly 3 decades; The Carlin Apartments. This investment property is comprised of 8 spacious units in a Prime West Adams Neighborhood of Los Angeles. The building is comprised of an attractive unit mix of FIVE (2 bed + 1 bath) and THREE (1 bed + 1 bath) units, all of which are spacious (building size of 5,684 SF) and gives the buyer an opportunity to invest in a growing location with rental upside potential nearing +/- 135%. The building has many recent capital improvements such as a completed soft-story retrofit (completed in December 2023) and is separately metered for gas and electricity. Some amenities include on-site covered parking (for select units) & additional income from the laundry room. With a Walkscore of 79, the building is located in the one of the best pockets in the city. Exceptional location, Culver City Adjacent, situated just South of Adams Blvd & East of La Cienega. The tenants enjoy being just minutes to the Culver City Arts District, Leimert Park, Beverly Grove and the West Side. Property is subject to City of Los Angeles' rent control ordinances. Please do not walk on the property, do not disturb or engage tenants regarding the property, all units are Occupied. Drive by only, tenants are not aware of the sale, direct all questions to agent. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please call/text/email the agents/office. All showings are subject to accepted offer, include your Proof of Funds.
Last Agent to Sell the Property
Remax Commercial and Investment Realty License #01372010 Listed on: 06/10/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Interior Spaces
- 5,684 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Bedrooms and Bathrooms
- 13 Bedrooms
- 8 Bathrooms
Parking
- 6 Parking Spaces
- Covered Parking
Additional Features
- 9,658 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Assessor Parcel Number 5043-009-018
Community Details
Overview
- 3 Buildings
- 8 Units
Building Details
- Vacancy Allowance $1,240
Similar Homes in Los Angeles, CA
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2024 09/13/24 | Sold | $1,415,000 | -2.3% | $249 / Sq Ft |
| 09/04/2024 09/04/24 | Pending | -- | -- | -- |
| 08/05/2024 08/05/24 | Price Changed | $1,449,000 | -3.4% | $255 / Sq Ft |
| 06/10/2024 06/10/24 | For Sale | $1,500,000 | -- | $264 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Enrique Viramontes
Seller's Agent in 2024
Enrique Viramontes
RE/MAX
(213) 233-4363
2 in this area
36 Total Sales
-
Shant Sherbetdjian
Seller Co-Listing Agent in 2024
Shant Sherbetdjian
RE/MAX
(626) 657-8135
1 in this area
56 Total Sales
-
Paola Perez
Buyer's Agent in 2024
Paola Perez
Century 21 Realty Masters
(323) 997-2615
1 in this area
14 Total Sales
Map
Source: The MLS
MLS Number: 24-402343
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© 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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Information is deemed reliable but not guaranteed.
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