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Six-Unit Multifamily Property
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253 S Carondelet, Los Angeles, CA 90057

Six-unit apartment building with private garages and recent reconfiguration, offered as-is for investors or owner-occupants.

Property Size6,780 SF
Price / SF$264.75
Days on Market94

Property Features for 253 S Carondelet

General Information

Standard status Active
Size 6,780 SF
Property subtype Multifamily
Zoning LAR3

Additional Details

Multifamily Units 6

Building Details

Year Built 1924
Listing Agency: Executive Bankers Realty
Listed By: Isaac Rosales · License #01389408
Source: Crexi
Added: May 28 Changed: Aug 8 Last Checked: Jul 23 at 1:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Executive Bankers Realty

Investment Insights

Based on property information with market context.

This 6-unit multifamily property was originally built in 1924 and is approximately 6,780 square feet. The asset sits on a 7,591 square foot lot zoned LAR3 and features a larger-unit mix: two 3-bedroom/3-bath units, two 3-bedroom/2-bath units, and two 2-bedroom/2-bath units. Five private garages support day-to-day parking needs. The current ownership has completed significant improvements and reconfigured unit layouts to enhance functionality, with plans and permits reported as obtained for ongoing work. The property is being sold AS-IS.

The building is located in the Westlake area of Los Angeles, minutes from Downtown Los Angeles, Koreatown, Echo Park, Silver Lake, and MacArthur Park Metro Station, as well as LA Live, major employment centers, and transportation corridors.

For tenants seeking larger floorplans and for operators looking for a 6-unit central Los Angeles building, this configuration offers a balanced mix of 2- and 3-bedroom layouts along with private garage parking. Seller-provided projections indicate income potential upon stabilization, and additional permit, property, and financial details are available upon request. Buyers are advised to independently verify all information, including permits, plans, approvals, zoning, unit configurations, and all matters affecting the property.

Key Highlights

  • 6‑unit multifamily building originally built in 1924 with approximately 6,780 SF of residential space
  • Unit mix: two 3BD/3BA, two 3BD/2BA, and two 2BD/2BA apartments
  • LAR3‑zoned lot totaling approximately 7,591 SF

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Garden Center Clothing & Fashion Store Pet Grooming Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

4,662
Businesses Nearby

Demographics for 90057, CA

45,510
Population
17,912
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
58%
High-School Grad
0.9 sq mi
ZIP Area
50,567
Density / Sq Mi
$44,876
Median Household Income
$30,849
Median Earnings
$1,395
Median Rent
$694,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building with private garages and recent reconfiguration, offered as-is for investors or owner-occupants.
Where is this apartment building located?
The property is located at 253 S Carondelet Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 6‑unit multifamily building originally built in 1924 with approximately 6,780 SF of residential space; Unit mix: two 3BD/3BA, two 3BD/2BA, and two 2BD/2BA apartments; LAR3‑zoned lot totaling approximately 7,591 SF
(562) 860-2625 Call to check price and availability
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