8 UNITS | PRIME WEST LA
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Realty Investment Advisors is 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%).

Located in prime West Los Angeles, just a few blocks from both Santa Monica and Brentwood, the property is ideally situated near major employment centers, retail, dining, and transit, ensuring strong tenant demand and minimal vacancy. With its modern construction and desirable amenities, 1315 S Carmelina Avenue represents a rare opportunity to acquire a high-performing multifamily investment in one of Los Angeles’ most resilient rental markets.

• 1989 Construction in Prime West Los Angeles
• Attractive In-Place Income: 12.85 GRM and 4.78% Cap Rate
• All Two-Bedroom Units | Four Units Feature Lofts and Private Rooftop Decks
• Individual Washer/Dryer Hookups in Every Unit
• Oversized Private Balconies Offering Outdoor Living Space
• Two Parking Spaces Per Unit – Highly Desirable in West LA
• Central Air Conditioning & Heating
• Not Subject to City of Los Angeles Rent Control
• AB1482 Designation: Allows Annual Rent Increases of 5% + CPI (Capped at 10%)
• Strong West LA Location Near Major Employers, Retail, and Transit