827 S Carondelet St - Apartments FOR SALE


Los Angeles, CA 90057- MacArthur Park
$2,700,000 USD
310-922-6124
827 S Carondelet St, Los Angeles, CA for Sale
$2,700,000 USD
Apartments - FOR SALE
1/8
null | 4.47% Cap Rate

827 S Carondelet St
Los Angeles, CA 90057
MacArthur Park


HIGHLIGHTS

  • Major Value Add Opportunity
  • Fantastic Westlake location, just blocks from Wilshire Blvd
  • Zoned LAR4 for redevelopment potential

OVERVIEW

The Taksa Investment Group of RE/MAX Commercial & Investment Realty is pleased to propose the sale of 827 S. Carondelet Street, an incredible multifamily asset in the Westlake / Echo Park neighborhood of Los Angeles. This property features fourteen spacious two-bedroom, one-bedroom, and single units across 9,352 gross square feet on a 7,465 square-foot LAR4 zoned lot. Originally constructed in 1957, this building has been well maintained by the current ownership and is in the process of completing the earthquake retrofit work.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$289 USD /SF

# OF UNITS

14

PRICE/UNIT

$192,857

CAP RATE

4.47%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14 Units in Echo Park at $192,857/door!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,492 SF

ZONING

R4, Los Angeles

APN/PARCEL ID

5141-025-007

ASK ABOUT THIS PROPERTY

Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

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Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.