26 days on rocket

3650 Carmona Ave, Los Angeles, CA, 90016

$2,025,000

Home List Price

$10,000*

Closing Credit

16 Bedrooms
8 Baths
9,450 SqFt
$214/SqFt
House

Location

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3650 Carmona Ave, Los Angeles$2,025,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGarage
Year Built1951
HeatingNone
MLS #24456659
Lot Size0.22 Acres
StatusActive

About 3650 Carmona Ave

The property is located in a charming pocket of Baldwin Hills, just East of the Cumulus Development on La Cienega and Jefferson. With trendy eateries, bars, shops, and iconic landmarks just minutes away, the property benefits from a positive trend in rental demand due to a shift from a workforce population to a tech and entertainment centered tenancy. It is comprised of 8 total units, with a desirable mix of 2+1 units averaging approximately 1,181 SF. The property is also equipped with 8 garages that open to a large alley and an attached laundry room, as well as tidy landscaping and classing 1950's features throughout. The average current rents for the units are significantly below market rates, presenting an approximate 50% in NOI upside. With premium upgrades, an investor may be able to create a new market rate beyond the published market target. The 8 garages are an excellent potential candidate for ADU conversions. With its prime location in this special pocket of Baldwin Hills along with the distinctive features, overall condition, and considerable upside potential, this property is a standout choice.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 0
  • Living Area: 9,450 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (310) 807-0880
  • Listing Agent: Scott Rosenberg

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 16

Exterior Features

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: None

Other

Directions Information:

  • Directions: https://www.google.com/maps/place/3650+Carmona+Ave,+Los+Angeles,+CA+90016/@34.0201115,-118.3684277,17.7z/data=!4m6!3m5!1s0x80c2b9be58f18233:0x27b1f35f54c36268!8m2!3d34.0201149!4d-118.3667684!16s%2Fg%2F11c2d8bgc9?entry=ttu&g_ep=EgoyMDI0MTAyMS4xIKXMDSoASAFQAw%3D%3D

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,025,000
  • Price Per SqFt: $214/SqFt

Tax Information:

  • Annual Amount: $11,150
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

3650 Carmona Ave vs Los Angeles

26 DAYS ON ROCKET

-12 Days

$2,025,000

+$1.0M More

$214/SqFt

-$427 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $427/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: #24456659

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (310) 807-0880
  • Listing Agent: Scott Rosenberg

IDX 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, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$11,150$828,519
2020$10,844$820,024
2019$10,664$803,947
2018$10,411$788,185
2017$10,411$772,731

History based on county public records data.

Payment Calculator

$10.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,138

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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.

Nearby Schools

school-card-donut-257825
5
/10

  • Baldwin Hills Elementary School

  • 5421 Obama Blvd

  • 0.17 miles

  • Public District Grades KG-5

school-card-donut-257826
5
/10

  • New los Angeles Charter Elementary School

  • 5421 Obama Blvd

  • 0.17 miles

  • Public Charter Grades KG-5

school-card-donut-257827
7
/10

  • Marvin Avenue Elementary

  • 2411 S Marvin Ave

  • 1.09 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,694. Residents of Los Angeles, CA typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3650 Carmona Ave

What is the listing price of this property?

The listing price of 3650 Carmona Ave property is $2,025,000.

What type of property is this?

The property 3650 Carmona Ave is a house located in Los Angeles, California, 90016.

Is this property for sale now?

Active Listing: 3650 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 $11,150 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3650 Carmona Ave has 16 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 3650 Carmona Ave is 9,450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3650 Carmona Ave is 1951.

Rocket Homes›California›Los Angeles County›Los Angeles›90016›3650 Carmona Ave

This home is located at 3650 Carmona Ave in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This 9,450 square foot home, which was built in 1951, sits on a 0.22 acre lot. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 26, 2024 and is currently priced at $2,025,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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