250 S Carondelet Street, Los Angeles, CA 90057

Local realty services provided by:Nelson Shelton Real Estate ERA Powered
250 S Carondelet Street,Los Angeles, CA 90057
$1,650,000
  • 7 Beds
  • 4 Baths
  • 3,420 sq. ft.
  • Multi-family
  • Active
Listed by:demis dokhanian
Office:jnm realty, inc.
MLS#:25531539
Source:CRMLS

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$482.46

About this home

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.

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Home facts

  • Year built:1937
  • Listing ID #:25531539
  • Added:148 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:4
  • Living area:3,420 sq. ft.

Structure and exterior

  • Year built:1937
  • Building area:3,420 sq. ft.
  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$482.46
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