250 S Carondelet Street, Los Angeles, CA 90057 (MLS # 25531539)

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PRICE $1,650,000 dsIDX morgage calculator
BEDS 7
BATHS 4
HOME SIZE 3,420 sqft
LOT SIZE 8,033 sqft

JNM Realty Inc. is proud to present, on an exclusive basis, a passive income opportunity with strong in-place cash flow and additional upside through ADU (Accessory Dwelling Unit) potential. 250 S Carondelet St is a well-maintained triplex located in a private pocket of Westlake. The property sits on an 8,000+ SF lot and features a desirable unit mix two (2) 2-bed/1-bath units and one (1) 3-bed/2-bath unit with stable, high rents from long-term tenants (25 years).With approximately 4,000 SF of open parking area, the property offers excellent potential for one or more ADUs. Buyer to verify feasibility. This presents a unique opportunity to further increase rental income and long-term value, stabilizing at an astounding 7.37% cap rate. As the manager of over 3,000 units across Los Angeles, JNM Realty also offers full-service property management for buyers allowing you to own and operate this asset seamlessly from acquisition through stabilization. All offers are encouraged.

DAYS ON MARKET 68 LAST UPDATED 5/7/2025
YEAR BUILT 1937 COMMUNITY Downtown L.A.
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AREA Downtown L.A.
GARAGE Driveway, Unassigned, Uncovered
HEAT None
LOT 8031 sq ft
PARKING Driveway,Unassigned,Uncovered
ZONING LAR3
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Listed with JNM Realty, INC.

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