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250 S Carondelet Street, Los Angeles, CA 90057
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$1,650,000
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Home Details for 250 S Carondelet Street
Price
$1,650,000
Type
other
Bedrooms
7
Total Bathrooms
4
Year Build
1937
Sq. Ft.
3420
Lot Size
0.1844
County
Los Angeles
MLS®️ Listing#
25531539
On exitrealty.com
159 days
Property Description
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.
- Parking
- Driveway
- Unassigned
- Cooling Information
- None
- Heating Information
- None
Listing Courtesy: JNM Realty, INC. - 310-746-5923. Presented by: Demis Dokhanian
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 16:51:11 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. Properties may or may not be listed by the office/agent presenting the information.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$1,650,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.