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1315 S Carmelina AvenueLos Angeles, CA 90025

For Sale

$4,650,000

Smart Buyer Rebate $46,500

We are pleased to present 1315 S Carmelina Avenue, an opportunity to acquire a well-positioned eight-unit multifamily property in the highly sought-after West Los Angeles submarket. Constructed in 1989, the property offers a blend of stable in-place income and long-term growth potential, with a current 12.93 GRM and 4.73% cap rate. Each of the eight residences features a spacious two-bedroom floor plan, with four units including lofts and private rooftop decks that enhance livability and tenant appeal. The building is thoughtfully designed with individual washer/dryer hookups, central air conditioning and heating, fireplaces, and oversized private balconies. In addition to secured entry and gated parking, residents also benefit from two parking spaces per unit. The property is not subject to City of Los Angeles rent control. Instead, it falls under the preferable AB1482 framework, which permits annual rent increases of 5% plus CPI (capped at 10%).

Listed by Benjamin J. Hsiang

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License #01438644

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Realty Investment Advisors, Inc.

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424-377-6001

Listed by Don Favia

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License #01841258

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Realty Investment Advisors, Inc.

Last updated September 09, 2025

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Source: CRMLS #25589541

Listing Facts

  • TypeMulti-family
  • NeighborhoodSawtelle
  • Bedrooms16
  • Days on Prevu1
  • Size9,381 sqft
  • Price per sqft$496

Amenities

  • Air Conditioning
  • Parking

Location

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Listing History

09/09/2025
Listed by Realty Investment Advisors, Inc.
$4,650,000

Property Details for 1315 S Carmelina Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 8
  • Property Attached: Yes
  • Stories Total: 3
  • Year Built: 1989
  • Common Walls: 1 Common Wall

Measurements

  • Building Area Total: 9,381
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,360
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,360
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.73
  • Gross Income: $359,640.00

Taxes

  • Parcel Number: 4267034010

Interior

Measurements

  • Living Area: 9,381

Rooms

  • Bathrooms Total Integer: 16
  • Bedrooms Total: 16

Parking

Parking

  • Parking Features: Gated
  • Parking Total: 16

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Stacked

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.