$4,995,000

1525 Carmelina Ave is a boutique collection of four brand new construction luxury residences situated on a quiet, tree lined street in Prime Sawtelle. This offering presents a rare opportunity for investors seeking a newly constructed, fully leased Westside asset with proven rental demand and exceptional in place income. All four residences leased in record time at premium rental rates of $8,495, $8,095, $7,895 for the 4 bedroom residences and $5,795/month for the 3 bedroom residences generating an impressive $363,360 in annual gross income. The rapid lease up showcases extremely strong tenant demand and the property’s ability to attract A+ renters immediately. The tenant make up is primarily young professionals drawn to the property’s luxury finishes, oversized layouts, and unbeatable Westside location. Ideally positioned just 1.5 miles from UCLA and moments from the renowned Sawtelle Boulevard dining corridor, the property benefits from constant demand driven by students, medical employees, tech workers, and Westside creatives seeking luxury rental housing near major employment and lifestyle hubs. Residents enjoy close proximity to acclaimed dining destinations including Tsujita LA Artisan Noodle and n/naka, along with everyday conveniences such as Mitsuwa Marketplace and Trader Joe's. Each residence was designed with high end residential finishes intended to compete with luxury single family homes, featuring expansive kitchen islands, custom cabinetry and millwork, marble style surfaces, oversized layouts averaging over 2,000 square feet, and seamless indoor outdoor living. Centrally located near Brentwood, Westwood, and Santa Monica with convenient access to the 10 and 405 freeways, 1525 Carmelina offers investors a rare opportunity to acquire a newly constructed, non rent controlled luxury asset in one of LA’s most supply constrained and consistently high demand rental markets.