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740 S Carondelet St
Los Angeles, CA 90057
Carondelet Apartments · Multifamily Property For Sale
·
24 Units
Property Facts
| No. Units | 24 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 11,640 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1923 |
| Zoning | R4 - Medium Density Multiple Residence | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 11,640 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1923 |
| Zoning | R4 - Medium Density Multiple Residence |
Amenities
Unit Amenities
- Heating
- Ceiling Fans
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
About 740 S CARONDELET ST , LOS ANGELES, CA 90057
HFF is pleased to present for sale, Carondelet Apartments (the “Property”), a 24-unit multi-housing community situated in the highly desirable Koreatown submarket of Los Angeles. Built in 1923, Carondelet Apartments boasts studio (23) and one-bedroom (1) floor plans. The Property represents a true value-add opportunity with 20 of the 24 in original condition and current rents 46% below market for renovated rents. The balance of the units have been renovated in recent years featuring wood inspired flooring, upgraded countertops, new cabinetry and stainless-steel appliances.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 23 | $1,200 | 460 |
| 1+1 | 1 | $1,400 | 500 |
Property Taxes
| Parcel Number | 5141-015-018 | Improvements Assessment | $853,369 |
| Land Assessment | $2,673,897 | Total Assessment | $3,527,266 |
Property Taxes
Parcel Number
5141-015-018
Land Assessment
$2,673,897
Improvements Assessment
$853,369
Total Assessment
$3,527,266
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