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$3,200,000
Est. payment /mo
7,592 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS25107630
HOA Y/N No
Year Built 2025
Lot Size 7,592 Sqft
Property Sub-Type Apartment
Property Description
Lender will carry 50%. No payments first 6 months accrued to principal 12% *Westlake Gem: Approved 6-Unit Development, 50% Built, with Breathtaking Downtown LA Views & Prime Downtown Proximity **253 S Carondelet St: Hilltop Asset with City Panoramas, Tremendous Curb Appeal, **Unlock a rare development opportunity** in one of Los Angeles' most dynamic neighborhoods. Located at **253 S Carondelet St, Westlake (90057)** 6-unit apartment property ** sits on a coveted hilltop perch, offering *panoramic downtown skyline views* and unmatched curb appeal. With **approved plans, permits secured, and 50% construction completed**, this asset delivers a low-risk, high-reward path to owning a premium multifamily property in a high-demand urban corridor. **Prime Westlake Location**: Steps from Downtown LA's thriving core, with easy access to Metro lines, the 110 Freeway, and landmarks like MacArthur Park, L.A. Live, and the Fashion District. **Unrivaled Views & Curb Appeal**: Commanding hilltop position ensures privacy, sweeping city vistas, and a striking exterior that attracts discerning tenants.
**Optimized Unit Mix**: - Two 3 Bed/3 Bath 1,280 sqft (Ideal for Upscale Families) - Two 3 Bed/2 Bath 1,280 sqft - Two 2 Bed/2 Bath 800 sqft (Perfect for Professionals) **Premium Parking**: Five 2-car garages + street parking ease, a critical perk in urban LA.
**Optimized Unit Mix**: - Two 3 Bed/3 Bath 1,280 sqft (Ideal for Upscale Families) - Two 3 Bed/2 Bath 1,280 sqft - Two 2 Bed/2 Bath 800 sqft (Perfect for Professionals) **Premium Parking**: Five 2-car garages + street parking ease, a critical perk in urban LA.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR3
Interior
Fireplace No
Laundry In Kitchen, Stacked
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Foothills, Urban
Total Parking Spaces 5
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5155033016
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Isaac Rosales Executive Bankers Realty 310-754-0124
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