$1,000,000
For Sale

1744 Carmona Avenue

Los Angeles, CA 90019
2716 sqft | 5 beds | #25539399
Browse 13 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

TRIPLEX WITH TWO VACANT UNITS -- Do not miss this incredible developer or investor opportunity in the heart of Mid-City! 1744 Carmona Ave is a triplex on a 5,072 SF RD1.5 lot (per assessor), offering prime potential for redevelopment or value-add investment. The existing layout features two vacant 2BD/1BA units in the front (upstairs/downstairs configuration) and a 1BD/1BA unit above a 4-car garage in the rear. With only one unit currently occupied and the rest delivered vacant, this is an ideal canvas for builders, developers, or buy-and-hold investors looking to capitalize on Mid-City's ongoing transformation.A nearly identical lot just doors away at 1734 Carmona Ave was purchased for $1.112M in 2022 and redeveloped into a new 4-unit project that resold for $3.3M clearly illustrating the path to substantial upside. The second story of this property offers sweeping views of Century City don't miss the chance to bring your vision to life in one of LA's most opportunity-rich pockets.

  • Property Details
      • Lot DescriptionFront Yard, Fenced, Redevelopment Area, Value In Land, Single Lot
      • Parking GarageDriveway, Garage Is Detached, Garage - 4+ Car
      • RoofClay, Composition, Flat, Shingle
      • InteriorLaundry - Closet Stacked
      • Bathroom FeaturesTile, Shower and Tub
      • HeatingFloor Furnace, Wall
      • Bedroom Features2 Primary Bedrooms
      • Property SubtypeResidential Income
      • Property ConditionFixer, Tear Down
      • Kitchen FeaturesTile Counters
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,000,000
      • StoriesTwo Level
      • Sewer InformationIn Street
      • MLS #25539399
      • MLS #25539399
      • ZoningLARD1.5
      • Cost1000000
      • Parking TypeGarage
      • Square Feet2716
      • Year Built1931
      • Price Per Sqft$368
      • Bedrooms5

Location

Bib Scott | Windermere Real EstateReal Estate Group
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