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250 S Carondelet Street
USD 1,650,000
Property ID: 25531539
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250 S Carondelet Street ,90057
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icon 8031 SqFt
icon Built in 1937
icon USD 205/SqFt
icon 7 Beds
icon 4 Full
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Location
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Interior Details
Bedrooms
7
Bathrooms
4
Interior Size
3420
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1937
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Detailed Introduction Of 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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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
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Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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250 S Carondelet Street
USD 1,650,000 7 Beds
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