Welcome to 1921 Carmona! This is a brand new construction cheerful modern fourplex in Mid-City that is 100% FULLY LEASED with an amazing 5.70% cap rate! The Mid City area is one the hottest markets in Los Angeles as it is very close and accessible to Miracle Mile, Beverly Hills, Downtown and just a few minutes from Downtown Culver City, the Culver City Arts District, Culver City steps, Ivy Station, Helms Bakery District and tons of trendy restaurants! This fourplex has designer finishes and amazing open floor-plans that are perfect for entertaining. The kitchens feature center islands with waterfalls on the edge that greet you as you walk in and the units have a ton of natural light and beautiful windows with views. 1921 Carmona is a NON RENT-CONTROLLED building, located in an opportunity zone area which has huge tax benefits (buyer to verify). The neighborhood has rapidly gentrified with gorgeous brand new mixed-use developments nearby and full of shopping centers, restaurants and bars. Some restaurants + bars in town include Father's Office, Pasta Sisters, Blue Bottle Coffee, Mandrake, CAVA, Bondi Harvest, The Culver Hotel. The brand new Cumulus District and the Whole Foods are just minutes away. The fourplex includes 8 Parking Spaces, Brand New Samsung Washer/Dryer, and Stainless Steel Kitchen Appliances. Great for entertaining family, roommates, couples or friends. Balconies overlooking city views. The front area has an extra space for additional parking or space for a bbq/patio area. All units include Central Air Conditioning + Heating, and a motorized Gate. The property has separate meters for all utilities making the monthly cash flow higher, with an exceptional estimated cap rate of 5.70% and very little expenses.
This property is $2.2M more than the Median Sold Price and $112/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24435573
Listing Office:
Office Name: Keller Williams Hollywood Hills
Office Phone: (310) 623-1300
Listing Agent: Daniel Lalezari
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 29, 2021
Jan 29, 2021Home Sold
$836,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$841
$52,544
2020
$820
$52,007
2019
$709
$50,988
2018
$697
$49,989
2017
$697
$49,010
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Marvin Avenue Elementary
2411 S Marvin Ave
Distance between this listing and this school0.29 miles
Public District Grades KG-5
5
/10
Saturn Street Elementary
5360 Saturn St
Distance between this listing and this school0.59 miles
Public District Grades KG-5
3
/10
Cienega Elementary School
2611 S Orange Dr
Distance between this listing and this school0.70 miles
Public District Grades KG-5
Nearby Schools
6
/10
New los Angeles Charter
1919 S Burnside Ave
Distance between this listing and this school0.23 miles
Public Charter Grades 6-8
3
/10
The City
5753 Obama Blvd
Distance between this listing and this school1.33 miles
Public Charter Grades 6-8
5
/10
Stella Middle Charter Academy
4301 W Martin Luther King Jr Blvd
Distance between this listing and this school1.85 miles
Public Charter Grades 5-8
Nearby Schools
8
/10
Los Angeles Center for Enriched Studies
5931 W 18th St
Distance between this listing and this school0.64 miles
Public District Grades 6-12
2
/10
Dorsey High School
3537 Farmdale Ave
Distance between this listing and this school1.43 miles
Public District Grades 9-12
1
/10
View Park Continuation
4701 Obama Blvd
Distance between this listing and this school1.45 miles
The neighbors living near this home have an average income of $52,353. Residents of Los Angeles, CA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1921 Carmona Ave
What is the listing price of this property?
The listing price of 1921 Carmona Ave property is $3,260,000.
What type of property is this?
The property 1921 Carmona Ave is a house located in Los Angeles, California, 90016.
Is this property for sale now?
Active Listing: 1921 Carmona Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $841 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 29, 2021 for $836,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1921 Carmona Ave has 13 bedrooms and 16 bathrooms.
What is the square footage of this property?
The property 1921 Carmona Ave is 6,168 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1921 Carmona Ave is 2023.
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This home is located at 1921 Carmona Ave in Los Angeles, CA and zip code 90016 in the Mid-City neighborhood. This 6,168 square foot home, which was built in 2023, sits on a 0.14 acre lot. Features: 13 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $3,260,000.
In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.
From Rocket Homes Real Estate and based on county public records data.