744 Carondelet Street, Los Angeles

$1,600,000

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0 Bed
0 Bath
.17 Acre
0 Garage

An outstanding opportunity to develop 29 units with NO Parking. Price to sell at $55,000.00 a door. the property will be delivered with entitlement. This 7500 ft.² flat lot is zoned for R-4 TOC TIRE 3 and offers a mix of 6 studios, 11 one-bedroom, and 12 two-bedroom units over six stories. Ideal for section 8, low-income housing, or market rent, the site is conveniently located in a dense neighborhood near transportation and major freeways. Seller may carry for qualified buyer.

Essential Information

MLS® #
SR24015664
Price
$1,600,000
Bathrooms
0.00
Acres
0.17
Year Built
2023
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
744 Carondelet Street
Area
C21 - Silver Lake - Echo Park
City
Los Angeles
County
Los Angeles
Zip Code
90057
Community Features
Urban
Senior Community
N

Amenities

Pool
None

Interior

Appliances
Washer
# of Stories
6
Stories
Multi/Split

Exterior

Lot Description
26-30 Units/Acre

Additional Information

Date Listed
January 29th, 2024
Days on Market
94
Zoning
LAR4

Listing Details

Agent
Behrouz Lavi

Office

Keller Williams Realty-Studio City

Property History
Price Reduced from $1,800,000 to $1,600,000

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Based on information from California Regional Multiple Listing Service, Inc. as of May 3rd, 2024 at 12:55am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.