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$4,605,000

  • Sold
  • Closed
  • Multi-Family
  • 16 Total Beds
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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 12.85 GRM and 4.78% 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%).

Full Property Details for 1315 S Carmelina Ave

General

  • Sold For: $4,605,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25589541
  • Added to Site: 131 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 16

Bedrooms

  • Total Bedrooms: 16

Additional Information

  • Security/Safety: Gated, Smoke Detector, Automatic Gate, Carbon Monoxide Detector(s)
  • Other Features: None

Parking

  • Covered Spaces: 16
  • Garage Description: Gated

Location

  • Area: West L.A.
  • County: Los Angeles
  • Driving Directions: South of Wilshire Blvd

Heating & Cooling

  • Cooling Type: Central, Air Conditioning
  • Heating Type: Central

Structural Information

  • # Buildings: 1
  • Common Walls: Attached
  • Stories/Levels: 3
  • Square Feet: 9,381
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1989
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 8
  • Unit Type: 2106, 2107, 2108

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1.75
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.169
  • Lot Size: 7360
  • Lot Size Source: Assessor
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $495.68
  • Assessment Year: 1989
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 4267-034-010

Listed and Sold by Realty Investment Advisors, Inc., Benjamin J. Hsiang and Realty Investment Advisors, Inc., Don Favia

Listing agents

— 1315 S Carmelina Ave —

  • Benjamin J. Hsiang

    Realty Investment Advisors, Inc.

  • Don Favia

    Realty Investment Advisors, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1315 S Carmelina Ave

School District:Los Angeles Unified School District
NameGradesDistance
Brockton Avenue Elementary School
1309 Armacost Avenue, Los Angeles, CA 90025
K-50.4 mi
Emerson Community Charter School
1650 Selby Avenue, Los Angeles, CA 90024
6-82.1 mi
University Senior High School Charter
11800 Texas Avenue, Los Angeles, CA 90025
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1315 S Carmelina Ave

Date
Details
Price
Change
Source
10/21/2025
Sold
$4,605,000
-0.97%
MLS
9/09/2025
Listed
$4,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Realty Investment Advisors, Inc., Benjamin J. Hsiang and Realty Investment Advisors, Inc., Don Favia

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1315 S Carmelina Ave, Los Angeles, CA 90025 (MLS# 25589541) is a Multi-Family property that was sold at $4,605,000 on October 21, 2025. Want to learn more about 1315 S Carmelina Ave? Do you have questions about finding other Multi-Family real estate for sale in West Los Angeles? You can browse all West Los Angeles real estate or contact a Coldwell Banker agent to request more information.