Property Details
About this Property
Located at 5459 Carlin in the highly desirable West Adams neighborhood, this multifamily property offers a prime investment opportunity with significant upside potential. The property features a total of 4 units, including 2 newly renovated 2-bedroom/1-bathroom vacant units completed in 2024, enhancing its modern appeal. The renovated units include new windows and doors, new laminate floors, new mini split air conditioners, as well as full kitchen remodels with included brand new appliances. The exterior of the property has been renovated featuring a new private patio for the front vacant unit, a full repaint, custom landscaping, as well as new fencing and sliding gate. The remaining units are also 2 two-bedroom/one-bathroom units, with a total rentable square footage of 2,508 on a 4,829-square-foot lot. With 1 current vacancy, this presents a rare opportunity for immediate income growth. With a 27% rental upside, the property has the potential to produce $10,600 per month ($127,200 annually) at market rents, achieving a cap rate of 6.45%. Currently, it operates at a 4.28% cap rate and a GRM of 13.7. The property includes one dedicated parking space per each unit, ensuring convenience for tenants in an area where parking is a premium. Its prime location near Santa Monica, Culver
MLS Listing Information
MLS #
CROC26013471
MLS Source
California Regional MLS
Days on Site
6
Interior Features
Appliances
Other
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 627 | – | 0/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5459 Carlin St is a Residential Income in Los Angeles, CA 90016. This – square foot property sits on a 4,784 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,498,000 and was built in 1957. This address can also be written as 5459 Carlin St, Los Angeles, CA 90016.
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This listing information is up-to-date as of January 22, 2026. For the most current information, please contact Thomas Ahola
