Property Detail

1525 Carmelina

Los Angeles CA 90025

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$5,195,000

Status: Active

Property Details

Description

1525 S Carmelina Ave is an exceptional collection of four brand-new luxury residences located in one of the westside's most desirable neighborhoods. The property features three spacious 4 bedroom, 4 bathroom residences and one 3 bedroom, 2 bathroom unit. Each unit has been thoughtfully designed with open-concept floor plans, oversized kitchen islands, designer finishes, and abundant natural light. Ideally located near Brentwood, Santa Monica, Westwood, Century City, and Sawtelle, residents enjoy convenient access to some of the best shopping, dining, and entertainment, along with easy access to the 10 and 405 Freeways. Considering the location, optimal floor plans, private outdoor spaces, and private garages, this property will surely have an outstandingly low vacancy rate. As a newly constructed, non-rent-controlled property, 1525 S Carmelina Ave presents an outstanding opportunity for investors seeking a turnkey luxury asset in one of Los Angeles' most desirable and supply-constrained rental markets. Already 100% occupied, a savvy investor has the ability to immediately step into 5.25% cap rate. Combining pride of ownership with immediate return on investment, do not miss this opportunity.

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