Property Detail

Description

1655 Carmona Avenue, a sixunit apartment property located in the desirable MidCity Los Angeles submarket.Constructed in 1950, the property sits on an approximately 8,548 square foot lot and contains roughly 5,568 square feet of rentable area. The unit mix consists of two (2) one bedroom/one bath units and four (4) two bedroom/one bath units, offering a well balanced layout that appeals to consistent renter demand.1655 Carmona Avenue benefits from a centrally located setting with convenient access to major thoroughfares, employment hubs, and everyday amenities throughout MidCity and the surrounding Westside markets. The area continues to experience steady rental demand due to its proximity to Downtown Los Angeles, Culver City, and Beverly Hills, as well as nearby dining, retail, and neighborhood services.The property presents an attractive opportunity for investors seeking a smaller scale, well located multifamily asset in a supply constrained Los Angeles submarket, supported by longterm rental demand and strong market fundamentals.