224 S Carondelet St
Los Angeles, CA 90057 (Westlake)
$1,769,956 Trulia Estimate

224 S Carondelet St
Los Angeles, CA 90057

(Westlake)
  • 6 baths
  • 5,997 sqft
  • 8,033 sqft lot size
  • Multi-Family
Off Market · Public Record
$1,769,956 Trulia Estimate
224 S Carondelet St
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  • 2 Elementary Schools

    1 Middle School

    1 High School

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  • Low crime relative to the rest of Los Angeles county.

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  • 44% of residents commute by car.

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  • 352 Restaurants

    45 Grocery stores

    64 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • 6 Baths
  • Built in 1926
  • 8,033 sqft lot size
  • 5,997 sqft
Description

This property is no longer available to rent or buy. This description is from September 11, 2015
We are pleased to offer the opportunity to acquire this very solid 6 unit apartment building. Very good mix of 1's, 2's and 3 bedrooms units, see setup and rent roll herewith. The seller is a hands-on contractor and has maintained the systems and backbone of the property very proactively. Four out of six of the units have been fully renovated (see rent roll attached for details). All units are individually metered for gas and electric. The two rear units have individual water heaters. The four front units have a master water heater. There are 5 garages and a sixth open parking space so all units have parking. Renovations include tile kitchens/bath, new cabinets, wood vynil floors, windows, and many more upgrages. Principals may contact listing broker for further details and extra pictures. The new investor can realize a 4% cash-on-cash return with this investment, and still have room for the rental upside of 32%.

Price History
Date
Price
Event

01/04/2016
$1,150,000
Posting removed

10/09/2015
$969,000
Sold
Recording Date
10/09/2015
Contract Date
09/28/2015
Sale Price
$969,000
Price Type
Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
County Transfer Tax
$1,066
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

09/30/2015
$1,150,000
Pending

09/09/2015
$1,150,000
Listed for sale

04/16/2004
$469,000
Sold
Recording Date
04/16/2004
Contract Date
01/09/2004
Sale Price
$469,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$516
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

05/22/2002
$350,000
Sold
Recording Date
05/22/2002
Contract Date
05/01/2002
Sale Price
$350,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$385
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

08/06/2001
$250,000
Sold
Recording Date
08/06/2001
Contract Date
04/19/2001
Sale Price
$250,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$275
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

05/17/1996
$199,000
Sold
Recording Date
05/17/1996
Contract Date
04/11/1996
Sale Price
$199,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$219
Total Transfer Tax
N/A
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2017
Tax
$13,483.18
Assessments
$1,051,620
Land
$760,920
Improvements
$290,700
Total
$1,051,620
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 90057
$885,316
9% below sold price
Median Sale Price for 90057
$320,000
67% below sold price
Average Sale price/sqft for 90057
$415/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
1.2
Multi-Family
$920,000
11/28/17
2
1
1,140
6.83
Multi-Family
$840,000
11/29/17
5
3
1,837
5.38
Multi-Family
$780,000
11/17/17
5
4
2,149
4.24
Multi-Family
$740,000
11/15/17
4
2
2,962
5.77
Multi-Family
$755,000
11/28/17
3
2
1,269
7.57
Multi-Family
$760,000
11/15/17
3
2
1,546
1.2
Multi-Family
$935,000
12/05/17
2
1
1,140
0.29
Multi-Family
$710,000
05/31/17
6
4
2,752
4.44
Multi-Family
$795,000
11/22/17
4
4
3,018
6.26
Multi-Family
$907,000
11/17/17
3
2
1,392

Contact Info


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