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2332 Carmona Ave

Mid-City
5-Unit (Fourplex + ADU)

OPPORTUNITY ZONE!!! The most impressive new construction units in all of Mid-City! Four 4 bedroom, 4.5 tri-level townhomes on a corner lot- all close to 2,000 SF with en-suite bathrooms + a 2-story 2 bed, 1.5 bath ADU! We project a whopping $290,400 in gross annual rents and a cap rate of 5.33%!

List Price:
Cap Rate:
GRM:
Bldg. Size:
Unit Mix:

Highlights:

$4,195,000
5.33% (pro forma)
14.45 (pro forma)
8,253 sqft
4x 4b/4.5b
1x 2b/1.5b

OPPORTUNITY ZONE!!!
Separately metered utilities
Solar panels
No rent control
Massive units
All en-suite bathrooms
Sky high cap rate
Huge balconies everywhere
Designer finishes
Prime Mid-City location
Unbeatable curb appeal
Super low maintenance
High demand rental market
Corner lot

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The Neighborhood

< 15-Minute Walk

Alta, Open Face Food Shop, Tartine West Adams, Mecca Mid-City, Mian, Genesee Avenue Park, Delicious Pizza, The Gathering Spot LA,  Martin Avenue Elementary School, Cliffs of Id, Bee Taqueria

< 15-Minute Drive

The Culver Steps, Ivy Station, Amazon Studios, Sony Pictures, Cognoscenti Coffee, Pasta Sisters, Father's Office, Kaiser Permanente, The Grove, The Farmer's Market, Mandrake, Target, Midtown Shopping Center

< $15 Uber Ride

Downtown Culver City, Beverly Center, Cedars Sinai, Trader Joes, Equinox, LACMA, The Culver Hotel, El Rey Theatre, The Mint, Public School, Rodeo Drive, Wilshire Country Club, Larchmont Village

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Submit your offers now!

  • OPPORTUNITY ZONE, meaning enormous tax benefits if you close prior to completion (please consult a CPA or tax specialist to confirm).

  • No rent-control!

  • Massive townhomes with all en-suite bathrooms and balconies off the majority of bedrooms!

  • The best floorplans we’ve ever seen in a new construction project!

  • Will be delivered with ultra-premium finishes, including designer tiles, modern glossy cabinets and natural wood waterproof vinyl.

  • Comes with solar panels!

  • The average cap rate of nearby new construction sales is 4.64%! This offers a much stronger return of 5.33%.

  • High ceilings, ample windows, walk-in closets, and more!

  • Located in the highest demand rental area, Mid-City. We personally lease countless units per month here and they move faster than any other area in LA.

  • Moments from countless mixed-use developments such as Ivy Station (HBO headquarters), the Cumulus Development (Whole Foods), and the Culver Steps (Amazon Studios).

  • Walking distance to the Culver City Art’s District!

  • All units separately metered for gas, electric AND water! Microscopic expenses!

  • Great way to obtain easy, passive income!