2928 Carmona Ave, Los Angeles, CA 90016 - View 1
2928 Carmona Ave, Los Angeles, CA 90016 - View 2
2928 Carmona Ave, Los Angeles, CA 90016 - View 3
2928 Carmona Ave, Los Angeles, CA 90016 - View 4
2928 Carmona Ave, Los Angeles, CA 90016 - View 5

2928 Carmona Ave, Los Angeles, CA 90016

Sale Price: $1,585,000
May 9, 20246,429 sqft13 beds10 baths
Listed by: Shawn Mehrannia
License #: 01874025
Phone #: 213-804-7177
Home Team Realty
Source:
CRMLS Logo
MLS #: 24390239

Property Description

Seismic Earthquake Retrofit Complete!!! 2928 Carmona Avenue, located in the strong rental market of Mid-City, Los Angeles, CA The 6,429-square foot building is located on a 7,937-squarefoot lot with 10 parking spaces. The property is situated at the end of a charming cul-de-sac that has recently been landscaped. The 1964 building operates as nine units made up of six one-bedroom/one-bathroom units, two two bedroom/two-bathroom units and one three bedroom/ two bathroom unit. All units are individually metered for gas and electricity. There is an on-site laundry facility to provide extra revenue, .The subject property is located within proximity distance to the new Metro train station one block north of Jefferson Avenue and two blocks east of La Cienega Boulevard. A hands-on investor will enjoy this strong cash flow deal with 15 percent upside in the rental income.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,213

TurboHome Estimated Value

$1,504,600

$234 sqft

High Valuation
$1,579,830
$246/sqft
Normal Valuation
$1,504,600
$234/sqft
Low Valuation
$1,429,370
$222/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$234/sqft$1,504,600

Neighborhood: West Adams

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Comparative Value

$1.58M

$1.97M

2928 Carmona Ave, Los Angeles, CA 90016

Sale Price: $1,585,000

Selected Comparable

2928 Carmona Ave, Los Angeles, CA 90016

List Price: $1,595,000

Subject Property

2314 S Corning St, Los Angeles, CA 90034

Sale Price: $1,965,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2928 Carmona Ave, Los Angeles, CA 90016

2928 Carmona Ave, Los Angeles, CA 90016

List: $1,595,000

Listed: 5/9/2024

Area:6,429 sqft
Price/sqft:$248
Beds:13
Baths:10
Year Built:
Lot Size:7,937

Comparable Properties

COMPARABLE
Choose comps
2928 Carmona Ave, Los Angeles, CA 90016

2928 Carmona Ave, Los Angeles, CA 90016

Sale: $1,585,000

9/4/20240.00 mi

Area:6,429 sqft
Price/sqft:$247
Beds:13
Baths:10
Year Built:
Weight:66.7%
2314 S Corning St, Los Angeles, CA 90034

2314 S Corning St, Los Angeles, CA 90034

Sale: $1,965,000

7/9/20251.14 mi

Area:8,814 sqft
Price/sqft:$223
Beds:12
Baths:9
Year Built:
Weight:33.3%

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