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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49654938
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 7
Bathroom Information
- Total Baths: 4
- Full Baths: 0
- Half Baths: 0
Cooling Features
- None
- Air Conditioning
Heating Source
- None
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1937
- Building Area Total: 3,420
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1844
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 8031
-
Listing Information
Listing Price Information
- Original List Price: 1,650,000
- Listing Contract Date: 2025-04-29
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 5154015006
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Driveway,Unassigned,Uncovered
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C42 - Downtown L.A.
- Postal Code Plus 4: 2043
- Directions: 10 Freeway, exit Hoover going north, right on W 3rd St, left on S Carondelet
- Zoning: LAR3
- Source Property Type: Residential Income
- Area: C42 - Downtown L.A.
Building and Construction
- Property Age: 88
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 3420
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 05/27/2025 @ 23:20
- MLS: 25531539
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 7 bedrooms which is for sale, it has 3,420 sqft, 8,031 sized lot, and 0 parking. are nearby neighborhoods.