Skip To Content
    Return to Previous Page

    115 S Carondelet Street

    Los Angeles (City), CA 90057
    • $4,500,000
    • STATUS: Active
    • ON SITE: 57 days
    • ID#: EV20177115
    UPDATED: 49 min ago
    $4,500,000
    • 0
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,233
      SQFT
    • $316
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1954
    County:

    School Ratings & Info

    Description

    Well maintained, 16 units located in and high-rental demand area of central Los Angeles.? Eleven 2-bedroom, 1-bath units; five 1-bedroom 1-bath on a large 17,294 square foot lot.? Great commuter location.? 16 parking places, security gate and on-site laundry.? This property is also offered as part of seven building portfolio (see attached Offering Memorandum).? Shown on accepted offers only.? Please do not disturb the tenants.?

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-26T23:27:50.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/109520273
    Print Image

    115 S Carondelet Street Los Angeles (City), CA 90057

    • Price: $4,500,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: EV20177115
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    14,233
    SQFT
    $316
    $/SQFT
    1954
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Well maintained, 16 units located in and high-rental demand area of central Los Angeles.? Eleven 2-bedroom, 1-bath units; five 1-bedroom 1-bath on a large 17,294 square foot lot.? Great commuter location.? 16 parking places, security gate and on-site laundry.? This property is also offered as part of seven building portfolio (see attached Offering Memorandum).? Shown on accepted offers only.? Please do not disturb the tenants.?
    Exterior Features

    Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source See Remarks Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common Area

    Property Features

    Additional Parcels Description 5155-035-013 Additional Parcels YN Yes Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.55 Community Features GuttersStreet Lights Country Us Electric Expense 25460.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 805.00 Gross Income 1200.00 Gross Multiplier 14.89 Gross Operating Income 293140.00 Gross Scheduled Income 302206.00 Insurance Expense 11885.00 Land Lease YN No Laundry Income 1200.00 Laundry YN Yes Licenses Expense 1151.00 Maintenance Expense 18974.00 Net Operating Income 203157.00 New Construction YN No New Taxes Expense 32074.00 Number Of Separate Electric Meters 17 Number Of Separate Gas Meters 17 Number Of Separate Water Meters 1 Number Of Units Leased 14 Operating Expense 89983.00 Other Expense 984.00 Other Expense Description Laundry Pest Control Expense 657.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Subdivision Name Other 5368 Total Actual Rent 249885.00 Total Expenses 89983.00 Trash Expense 2643.00 Vacancy Allowance 9066 Vacancy Allowance Rate 3.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Lar3

    Listing provided courtesy of Daniel Corcoran of Corcoran Group Of California Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-26T23:27:50.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364695249-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364695249-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364695249-1.jpg
    Logo
    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003