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Investment Highlights

  • Several recent capital improvements including newer roof, upgraded electrical, plumbing upgrades, newer common water heater
  • Pride of ownership / turnkey asset
  • Tremendous rental upside opportunity
  • Evolving West Adams area near Culver City
  • Recently passed SCEP inspection

Executive Summary

Darin Spillman at Kidder Mathews, as exclusive listing agent, is pleased to present this well-maintained fourplex located just minutes from Culver City in the rapidly evolving West Adams neighborhood. The property features an attractive unit mix of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, complemented by a four-car carport in the rear and an additional on-site parking space in front.
The building has benefited from multiple recent capital improvements, including an electrical system upgrade, new roof, drainage improvements (non-waste lines) with ABS piping, installation of a new common water heater, fresh exterior paint, and a recently serviced main sewer line. One of the 1-bedroom units was renovated approximately three years ago, featuring updated flooring, countertops, and kitchen fixtures.
The property has also recently passed SCEP inspection, reflecting strong ongoing maintenance and ownership pride. Ideally positioned near the growing retail and dining corridors along Adams and Jefferson Boulevards, 5343 Carlin Street presents a compelling opportunity to acquire a turnkey asset in one of Los Angeles’ most dynamic and centrally located submarkets.
Email listing agent for OM and financials.

Property Facts

Price $1,181,993 CAD
Price Per Unit $295,498 CAD
Sale Type Investment
Cap Rate 4.60%
Gross Rent Multiplier 12.4
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 3,140 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1964/2018
Parking Ratio 1.27/1,000 SF
Opportunity Zone Yes
Zoning LARD1.5
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
5043-010-021
Land Assessment
$945,698 CAD
Improvements Assessment
$294,740 CAD
Total Assessment
$1,240,438 CAD
  • Listing ID: 39937439

  • Date on Market: 2026-03-27

  • Last Updated:

  • Address: 5343 Carlin St, Los Angeles, CA 90016

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