$10,000 Closing Credit¹
#PW25120333, Justin White, Listing office: Justin White
#OC25094955·
Listing office: Harcourts Prime Properties·
Listing agent: Thomas Ahola·
Listing office phone: 310-218-3314
$1,595,000 List price
5459 Carlin St Los Angeles, CA 90016
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 5459 Carlin St
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 annually) at market rents, achieving a cap rate of 6.45%. Currently, it operates at a 4.52% cap rate and a GRM of 12.08. 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 City, LAX, Playa Vista, Silicon Beach, and the 10 Freeway drives strong tenant demand, offering easy access to major employment centers and lifestyle destinations. The property benefits from steady current cash flow, two immediate lease-up opportunities, and significant rental upside in a highly sought-after area.
Highlights
Home typeQuadruplex
StatusActive
Lot size0.1098 Acres
Year built1957
ParkingAssigned
MLS #OC25094955
ViewCity Lights
Summary
- Private Pool: No
- Parking: Assigned
- View: City Lights
- List Price: $1,595,000
- Annual Tax Amount: $14,780
- Tax Year: 2024
- Directions: Exit Fairfax, E on West Adams, S on Hauser, E on Carlin, property is on the north side of the street
- Year Built: 1957
- Stories: 2
- Lot Size: 0.1098 Acres
- MLS Number: OC25094955
- MLS Name: CRMLS
- Office Name: Harcourts Prime Properties
- Office Phone: (310) 218-3314
- Listing Agent: Thomas Ahola
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: 6/18/2025, 7:45:29 PM 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
$1,595,000
5459 Carlin St
$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 |
|---|---|---|
| Apr 01, 2021 | Home Sold | $1,082,000 |
| Jan 02, 2020 | Home Sold | $1,045,000 |
| May 16, 2014 | Home Sold | $525,000 |
| Jun 20, 2013 | Home Sold | $500,000 |
| Feb 24, 2010 | Home Sold | $357,000 |
| Feb 28, 2002 | Home Sold | $267,000 |
| Sep 03, 1991 | Home Sold | $231,500 |
| Dec 28, 1988 | Home Sold | $200,000 |
| May 02, 1988 | Home Sold | $130,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,196,460 | $14,780 |
| 2023 | $1,125,723 | $14,499 |
| 2022 | $1,103,650 | $13,291 |
| 2021 | $1,055,826 | $12,814 |
| 2020 | $588,464 | $7,178 |
| 2019 | $576,926 | $7,095 |
| 2018 | $565,615 | $6,946 |
| 2017 | $554,526 | $6,946 |
History based on county public records data.
Nearby schools
7
Marvin Avenue Elementary
Public District KG-5
0.3 mi
•2411 S Marvin Ave
3
Cienega Elementary School
Public District KG-5
0.5 mi
•2611 S Orange Dr
4
Stella Elementary Charter Academy
Public Charter KG-3
0.6 mi
•2636 S Mansfield Ave
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 $38,043. Most Los Angeles, CA residents have annual incomes less than $<35k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
47%
<35k
46%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
30%
Single, No Kids
22%
Single, with Kids
15%
Married, No Kids
33%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
11%
12-17 yrs old
31%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
5 days on Rocket
$10,000 Closing Credit¹
#OC25133036, William Morris, Listing office: Innovate Realty, Inc.
5 days on Rocket
$10,000 Closing Credit¹
#IV25132711, MANUEL VASQUEZ, Listing office: Southland Real Estate Group Inc.
$10,000 Closing Credit¹
#SR25102593, Anie Mayelian, Listing office: Keller Williams Realty Calabasas
$10,000 Closing Credit¹
#OC25115252, Nick Binesh, Listing office: Binesh Realty
$10,000 Closing Credit¹
#PW25080252, Khoi Le, Listing office: Torelli Realty
$10,000 Closing Credit¹
#202501961, Alan Cruz, Listing office: Klovus
$10,000 Closing Credit¹
#SB25002856, Jasaan Dabney, Listing office: Pellego, Inc.
$10,000 Closing Credit¹
#PW25109648, Jane Barngrover, Listing office: T.N.G. Real Estate Consultants
$10,000 Closing Credit¹
#PW25084740, Steven Bogoyevac, Listing office: Steven M. Bogoyevac, Broker
Frequently asked questions
About 5459 Carlin St
The listing price of 5459 Carlin St property is $1,595,000.
The property 5459 Carlin St is a multi located in Los Angeles, California, 90016.
Active Listing: 5459 Carlin St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5459 Carlin St are: Marvin Avenue Elementary (GreatSchools Rating 7/10), Cienega Elementary School (GreatSchools Rating 3/10), Stella Elementary Charter Academy (GreatSchools Rating 4/10), New los Angeles Charter (GreatSchools Rating 6/10), The City (GreatSchools Rating 3/10), Stella Middle Charter Academy (GreatSchools Rating 5/10), Los Angeles Center for Enriched Studies (GreatSchools Rating 8/10), View Park Continuation (GreatSchools Rating 1/10), Dorsey High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $14,780 (source: MLS/based on county public records data).
The last sale was on April 1, 2021 for $1,082,000 (source: MLS/tax record).
The year of construction for 5459 Carlin St is 1957.
This home is located at 5459 Carlin St in Los Angeles, CA and zip code 90016 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $1,595,000.
Los Angeles, CA housing market in May 2025 saw over 325 listings sold above listed price, more than 134 sold at listed price and over 319 sold below. In May 2025 in Los Angeles, CA there were 8.7% more homes for sale than in April. In May 2025 median list price was $871,794 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.