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250 S Carondelet Street

Los Angeles, CA 90057

– beds
– baths
– sqft
8,031 sqft lot
1937 build
– on site

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.

Listed By CRMLS_CA / Demis Dokhanian / JNM Realty, INC.

Last checked: Checking… • Last updated May 7, 2025 •

MLS# 25531539 —

The Building

Year Built:

1937
New Construction:

No
Building Area Total:

3420.00
Total Number Of Units:

3
# of Buildings:

1

Interior

Levels:

Multi/Split

Location

Directions:

10 Freeway, exit Hoover going north, right on W 3rd St, left on S Carondelet
Latitude:

34.06598100
Longitude:

-118.27581600

The Property

Property Type:

Residential Income
Zoning:

LAR3
Lot Size Area:

8031.0000
Lot Size Acres:

0.1844
Lot Size SqFt:

8031.00

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5154015006

Heating & Cooling

Heating:

None
Cooling:

No
Cooling:

None

Appliances

Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Driveway, Uncovered, Unassigned
Parking Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
5/7/25 May 7, 2025	Listed / Active	CRMLS_CA	$1,650,000	39.8% (7.4% / YR)
4/30/25 Apr 30, 2025	Listed / Active	BRIDGE
8/5/20 Aug 5, 2020	Listed / Active	CRMLS_CA

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This multifamily located in Central LA, Los Angeles, CA 90057 is currently for sale for $1,650,000. 250 S Carondelet Street is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 250 S Carondelet Street is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 89, making it very walkable. This multifamily is in the attendance area of Miguel Contreras Learning Complex - School Of Social Justice, Ramon C Cortines School Of Visual And Performing Arts, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Belmont Senior High School, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Sal Castro Middle School, Lake Street Primary School, Rosemont Avenue Elementary School, Miguel Contreras Learning Complex - Business And Tourism, and Edward R. Roybal Learning Center.

Listing Courtesy of: CRMLS_CA and JNM Realty, INC.. Based on information from California Regional Multiple Listing Service, Inc. as of 12:51 on May 08.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.