5459 Carlin Street, Los Angeles, CA 90016

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 2 current vacancies, this presents a rare opportunity for immediate income growth. With a 22% rental upside, the property has the potential to produce $11,000 per month ($132,000 … read more …