$1,795,000
253 S Carondelet, Los Angeles CA 90057
Multi-Family (6 Units)
Property type
8 days
On market
$271
Price per sqft
5 cars
Garage
1927
Year built
7,594 sqft
Lot size
Open Houses
Overview
Rare 6-unit multifamily investment opportunity in the Westlake area of Los Angeles. Originally built in 1924, this approximately 6,780 SF multifamily asset sits on a 7,591 SF LAR3-zoned lot and features an attractive large-unit mix consisting of two (3-Bedroom, 3-Bath) units, two (3-Bedroom, 2-Bath) units, and two (2-Bedroom, 2-Bath) units, along with five private...
Listing provided by: Veronica Valencia DRE #01191052, Tauler Hughes California Realty, Isaac Rosales DRE #01389408 310-754-0124, Executive Bankers Realty
Listing updated: Jun 5, 2026 at 07:08am.
Last checked: Jun 5, 2026 at 07:30am
Source: CRMLS #OC26115568
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 3 | — | $0 | $55,140 | $4,595 | Unfurnished |
| 1 | 3 | 3 | — | $0 | $55,140 | $4,595 | Unfurnished |
| 1 | 3 | 2 | — | $0 | $53,940 | $4,495 | Unfurnished |
| 1 | 3 | 2 | — | $0 | $53,940 | $4,495 | Unfurnished |
| 1 | 2 | 2 | — | $0 | $39,540 | $3,295 | Unfurnished |
| 1 | 2 | 2 | — | $0 | $35,100 | $2,925 | Unfurnished |
# of Buildings: 6
# of Units Total: 6
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 6
Rent Control: Yes
Units Leased: 6
Total Actual Rent: $292,800
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
6.1x
List Price / Annual Gross Rent
Cap Rate
12.8%
NOI / List Price
Gross Scheduled Income: $292,800
Vacancy Allowance: $14,640
Vacancy Allowance Rate: 5%
Operating Expense: $47,593
Net Operating Income: $230,567
Annual Operating Expenses
Electric: $900
Gardener: $1,800
Fuel: $0
Insurance: $5,085
Maintenance: $5,400
New Taxes: $23,281
Professional Management: $11,126
Trash: $0
Water / Sewer: $0
Interior
Laundry: Washer Hookup, Inside
Entry Location: Front Entrance
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre, Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5155033016
Additional Parcels: No
Tax Lot: 16
Community
Senior Community: No
Community Features: Biking, Hiking, Park, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 253 S Carondelet, Los Angeles, CA 90057. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,436,000
Total Interest
$1,831,539
Total Payment
$3,267,539
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$11,096
per month
Property History for 253 S Carondelet
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90057.
Similar Homes
Listings with similar prices to 253 S Carondelet