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1315 S Carmelina Ave
SoldMultifamily

1315 S Carmelina Ave

Sold | $4.61M

West Los Angeles, CA 90025 | Closed 10/21/2025

Sold
1315 S Carmelina Ave

Don Favia

Sr. Vice President | Realty Investment Advisors

dfavia@riacre.com | 424-377-6002

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Property Highlights

8

Units

$575,625

Price / Unit

1958

Year Built

2025

Year Sold

Sold It Twice. Ten Years Apart.

We sold this building in 2015 for $3.582M. Ten years later, same building, same us, $4.605M. The owner held for a decade, collected rents, and when it was time, they picked up the phone and called us again. That's a 28.5% gain on the sale price alone, not counting a decade of rental income. Carmelina Ave in West LA is the kind of street where buildings just quietly appreciate. $575K per door on the second go-around.

Transaction Highlights

  • Sold in 2015 for $3.582M. Sold again in 2025 for $4.605M.
  • 28.5% appreciation on the sale price. Plus ten years of rents.
  • Same seller called us back after a decade. That's the relationship.
  • $575K per door on Carmelina Ave
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