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$2,915,000
Est. payment /mo
12 Beds
10 Baths
7,594 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS25107630
Bedrooms 12
HOA Y/N No
Lot Size 7,594 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Lender will carry 50%. No payments first 6 months accrued to principal 12% *Westlake Gem: Approved 6-Unit Development, 50% Built, with Breathtaking Downtown LA Views & Prime Downtown Proximity **253 S Carondelet St: Hilltop Asset with City Panoramas, Tremendous Curb Appeal, **Unlock a rare development opportunity** in one of Los Angeles most dynamic neighborhoods. Located at **253 S Carondelet St, Westlake (90057)** 6-unit apartment property ** sits on a coveted hilltop perch, offering *panoramic downtown skyline views* and unmatched curb appeal. With **approved plans, permits secured, and 50% construction completed**, this asset delivers a low-risk, high-reward path to owning a premium multifamily property in a high-demand urban corridor. **Prime Westlake Location**: Steps from Downtown LAs thriving core, with easy access to Metro lines, the 110 Freeway, and landmarks like MacArthur Park, L.A. Live, and the Fashion District. **Unrivaled Views & Curb Appeal**: Commanding hilltop position ensures privacy, sweeping city vistas, and a striking exterior that attracts discerning tenants. **Optimized Unit Mix**: - Two 3 Bed/3 Bath 1,280 sqft (Ideal for Upscale Families) - Two 3 Bed/2 Bath 1,280 sqft - Two 2 Bed/2 Bath 800 sqft (Perfect for Professionals) **Premium Parking**: Five 2-car garages + street parking ease, a critical perk in urban LA.
Lender will carry 50%. No payments first 6 months accrued to principal 12% *Westlake Gem: Approved 6-Unit Development, 50% Built, with Breathtaking Downtown LA Views & Prime Downtown Proximity **253 S Carondelet St: Hilltop Asset with City Panoramas, Tremendous Curb Appeal, **Unlock a rare development opportunity** in one of Los Angeles most dynamic neighborhoods. Located at **253 S Carondelet St, Westlake (90057)** 6-unit apartment property ** sits on a coveted hilltop perch, offering *panoramic downtown skyline views* and unmatched curb appeal. With **approved plans, permits secured, and 50% construction completed**, this asset delivers a low-risk, high-reward path to owning a premium multifamily property in a high-demand urban corridor. **Prime Westlake Location**: Steps from Downtown LAs thriving core, with easy access to Metro lines, the 110 Freeway, and landmarks like MacArthur Park, L.A. Live, and the Fashion District. **Unrivaled Views & Curb Appeal**: Commanding hilltop position ensures privacy, sweeping city vistas, and a striking exterior that attracts discerning tenants. **Optimized Unit Mix**: - Two 3 Bed/3 Bath 1,280 sqft (Ideal for Upscale Families) - Two 3 Bed/2 Bath 1,280 sqft - Two 2 Bed/2 Bath 800 sqft (Perfect for Professionals) **Premium Parking**: Five 2-car garages + street parking ease, a critical perk in urban LA.
Lender will carry 50%. No payments first 6 months accrued to principal 12% *Westlake Gem: Approved 6-Unit Development, 50% Built, with Breathtaking Downtown LA Views & Prime Downtown Proximity **253 S Carondelet St: Hilltop Asset with City Panoramas, Tremendous Curb Appeal, **Unlock a rare development opportunity** in one of Los Angeles most dynamic neighborhoods. Located at **253 S Carondelet St, Westlake (90057)** 6-unit apartment property ** sits on a coveted hilltop perch, offering *panoramic downtown skyline views* and unmatched curb appeal. With **approved plans, permits secured, and 50% construction completed**, this asset delivers a low-risk, high-reward path to owning a premium multifamily property in a high-demand urban corridor. **Prime Westlake Location**: Steps from Downtown LAs thriving core, with easy access to Metro lines, the 110 Freeway, and landmarks like MacArthur Park, L.A. Live, and the Fashion District. **Unrivaled Views & Curb Appeal**: Commanding hilltop position ensures privacy, sweeping city vistas, and a striking exterior that attracts discerning tenants. **Optimized Unit Mix**: - Two 3 Bed/3 Bath 1,280 sqft (Ideal for Upscale Families) - Two 3 Bed/2 Bath 1,280 sqft - Two 2 Bed/2 Bath 800 sqft (Perfect for Professionals) **Premium Parking**: Five 2-car garages + street parking ease, a critical perk in urban LA.
Location
State CA
County Los Angeles
Area Los Angeles (90057)
Zoning Builder
Building
Story 2
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $96
Space Rent $4,500
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Listed by Isaac Rosales • Executive Bankers Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "