New - 7 days on Rocket
$10,000 Closing Credit¹
Robert Langston, Listing Office: KASE Real Estate, Inc.
#CV25013549·
Listing Office: LUIS SANCHEZ, BROKER·
Listing Agent: Luis Sanchez·
Listing Office Phone: 3232727184
$10,000
closing credit¹
2618 Carleton Ave Los Angeles, CA 90065
$1,599,999 List price
$10,000
Closing credit¹
0.2 acres
Multi-Family
Property details
About 2618 Carleton Ave
Exceptional Investment Opportunity in Northeast Los Angeles!... Don’t miss this incredible chance to own a 12-unit, low-maintenance property in the heart of Northeast Los Angeles. Each unit is a single with one bathroom, all currently rented and generating steady income, with the added potential for rent increases as leases renew….. This property boasts six separate buildings, ample gated parking spaces for tenant convenience, and one additional uncovered space. An on-site laundry room provides extra income, further enhancing the investment's value….. Located in a sought-after neighborhood, the property combines charm and convenience. With a gross rent multiplier (GRM) of 12.2, this property offers a rare opportunity for reliable cash flow and long-term appreciation. The gated parking and added amenities make it an attractive option for tenants, ensuring high occupancy rates in a competitive rental market.... Situated in a prime area of Northeast Los Angeles, the property provides easy access to shopping, dining, and major freeways, making it highly appealing to renters. Its strategic location and income-generating features make this an ideal addition to any investor’s portfolio…… Contact us today to explore how you can make this exceptional investment property your own.
Highlights
Home typeQuadruplex
StatusActive
Lot size0.1837 Acres
Year built1924
MLS #CV25013549
Summary
- MLS Number: CV25013549
- MLS Name: CRMLS
- Office Name: LUIS SANCHEZ, BROKER
- Office Phone: (323) 272-7184
- Listing Agent: Luis Sanchez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/23/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,599,999
2618 Carleton Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 23, 2005 | Home Sold | $655,000 |
| Mar 14, 2002 | Home Sold | $300,000 |
| Aug 06, 1996 | Home Sold | $156,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $826,934 | $10,711 |
| 2020 | $818,456 | $10,411 |
| 2019 | $802,409 | $10,258 |
| 2018 | $786,676 | $10,000 |
| 2017 | $771,252 | $10,000 |
History based on county public records data.
Nearby schools
4
Aragon Elementary School
Public District KG-5
0.3 mi
•1118 Aragon Ave
5
Loreto Street Elementary
Public District KG-5
0.6 mi
•3408 Arroyo Seco Ave
7
Dorris Place Elementary
Public District KG-6
0.7 mi
•2225 Dorris Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,348. Residents of Los Angeles, CA typically earn between $35k-100k each year. Most families are married, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
26%
<35k
55%
35k-100k
19%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
29%
Single, No Kids
14%
Single, with Kids
25%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Popeyes
What do the neighbors drive?
Dodge
Kia
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 2618 Carleton Ave in Los Angeles, CA and zip code 90065 in the Northeast LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $1,599,999.
Over 524 listings were sold over their listed price in December 2024 in Los Angeles, CA. In the same period over 740 listings were sold below the listed price and 203 listings were sold for the listed price. The number of listings in Los Angeles, CA decreased by 5.3% between November and December 2024. While the average time on the market in December 2024 was 41 days, the median list price was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.