2618 Carleton Avenue Active

Los Angeles,CA 90065

$ 1499999

- Bed

0 Bath

2376 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 2,376 sqft

Price per Sqft $631

MLS Listing ID CRCV25013549

HOA Y/N No

Year Built 1924

Lot Size 8,002 Sqft

Acres 0.18

Property Sub-Type Other

Property Description

Exceptional Investment Opportunity in Northeast Los Angeles!... Don’t miss this incredible chance to own a 12-unit, low-maintenance property in the heart of Northeast Los Angeles. Each unit is a single with one bathroom, all currently rented and generating steady income, with the added potential for rent increases as leases renew….. This property boasts six separate buildings, ample gated parking spaces for tenant convenience, and one additional uncovered space. An on-site laundry room provides extra income, further enhancing the investment's value….. Located in a sought-after neighborhood, the property combines charm and convenience. With a gross rent multiplier (GRM) of 12.2, this property offers a rare opportunity for reliable cash flow and long-term appreciation. The gated parking and added amenities make it an attractive option for tenants, ensuring high occupancy rates in a competitive rental market.... Situated in a prime area of Northeast Los Angeles, the property provides easy access to shopping, dining, and major freeways, making it highly appealing to renters. Its strategic location and income-generating features make this an ideal addition to any investor’s portfolio…… Contact us today to explore how you can make this exceptional investment property your o

Location

State CA

County Los Angeles

Zoning LAR1

Interior

Fireplace No

Laundry Laundry Room

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5453007029

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