1525 S Carmelina, Los Angeles, CA 90025

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List Price
$5,195,000
Status
ACTIVE
MLS#
BB26208252
Year Built
2026
Lot Size
6,863
Acres
0.16
Lot Location
Landscaped
Days on Market
1
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Three Or More Levels

Property Description

1525 Carmelina Ave is a boutique collection of four brand new construction luxury residences situated on a quiet, tree lined street in Prime Sawtelle. This offering presents a rare opportunity for investors seeking a newly constructed, fully leased Westside asset with proven rental demand and exceptional in place income. All four residences leased in record time at premium rental rates of $8,495, $8,095, $7,895 for the 4 bedroom residences and $5,795/month for the 3 bedroom residence generating an impressive $363,360 in annual gross income. The rapid lease up showcases extremely strong tenant demand and the property’s ability to attract A+ renters immediately. The tenant make up is primarily young professionals drawn to the property’s luxury finishes, oversized layouts, and unbeatable Westside location. Ideally positioned just 1.5 miles from UCLA and moments from the renowned Sawtelle Boulevard dining corridor, the property benefits from constant demand driven by students, medical employees, tech workers, and Westside creatives seeking luxury rental housing near major employment and lifestyle hubs. Residents enjoy close proximity to acclaimed dining destinations including Tsujita LA Artisan Noodle and n/naka, along with everyday conveniences such as Mitsuwa Marketplace and Trader Joe's. Each residence was designed with high end residential finishes intended to compete with luxury single family homes, featuring expansive kitchen islands, custom cabinetry and millwork, marble style surfaces, oversized layouts averaging over 2,000 square feet, and seamless indoor outdoor living. Centrally located near Brentwood, Westwood, and Santa Monica with convenient access to the 10 and 405 freeways, 1525 Carmelina offers investors a rare opportunity to acquire a newly constructed, non rent controlled luxury asset in one of LA’s most supply constrained and consistently high demand rental markets.

Additional Information

Appliances
Dishwasher, Electric Oven, Freezer, Gas Range, Microwave, Refrigerator, Dryer, Washer
Pool Description
None
Fireplace Description
Kitchen
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
City Lights, Neighborhood
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$363,360
Operating Expense
71708

Listing courtesy of Listing Agent: Lauren Cearley (lauren@myunits.com) from Listing Office: Myunits.com Inc..

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.