5343 Carlin St - Apartments FOR SALE


Los Angeles, CA 90016- West Adams
$850,000 USD
310-592-8269
5343 Carlin St, Los Angeles, CA for Sale
$850,000 USD
Apartments - FOR SALE
1/18
null | 4.6% Cap Rate

5343 Carlin St
Los Angeles, CA 90016
West Adams


HIGHLIGHTS

  • Several recent capital improvements including newer roof, upgraded electrical, plumbing upgrades, newer common water heater
  • Evolving West Adams area near Culver City
  • Pride of ownership / turnkey asset
  • Recently passed SCEP inspection
  • Tremendous rental upside opportunity

OVERVIEW

Darin Spillman at Kidder Mathews, as exclusive listing agent, is pleased to present this 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 four-car carport in the rear and an additional on-site parking space in front. The building has 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. Email listing agent for OM and financials.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$271 USD /SF

# OF UNITS

4

PRICE/UNIT

$212,500

CAP RATE

4.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Renovated Fourplex Near Culver City

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,831 SF

ZONING

LARD1.5

APN/PARCEL ID

5043-010-021

ASK ABOUT THIS PROPERTY

Darin SpillmanKidder MathewsMore Info
310-592-8269

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Darin SpillmanKidder MathewsMore Info
310-592-8269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.