2618 Carleton Avenue

Los Angeles, CA 90065

$1,599,999

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1924

calendar_month Built

Property Description

Coming Soon: 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 own.

Listing Information

List Price $1,599,999
Status Active
MLS CV25013549
Type Residential Income
Subtype Quadruplex
Year Built 1924
Lot Size 8,002
Structure Size N/A
Courtesy Of LUIS SANCHEZ, BROKER
Listing Agent Luis Sanchez DRE#01465682

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Luis Sanchez, LUIS SANCHEZ, BROKER . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 21st, 2025 at 9:52 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.