We are pleased to present Chateau Carondelet at 667 S Carondelet St, a 59-unit multi-family investment opportunity in the Westlake neighborhood of Los Angeles located two blocks west of MacArthur Park between Wilshire Blvd & 7th St and just east of Koreatown. The property features a unit mix of 41 singles and 18 one-bedrooms; many units have high ceilings and exposed brick; renovated units include refinished hardwood floors, updated appliances, tile bathrooms, new cabinetry, ceiling fans, and walk-in closets. At the asking price, the property is being offered at a 6.41% CAP rate at 8.99 GRM on current income with an additional 15% rental upside achievable as units turn through continued interior renovations. Enhancements to Chateau Carondelet include professional landscaping and robust security features such as a gated entrance with intercom access and newly installed security cameras. Significant capital expenditures have been made in both the building's infrastructure and communal areas to maintain high standards of living. Additionally, the building is separately metered for electricity, and features a laundry facility that includes three washers and three dryers managed under a lease agreement. High Walk Score of 95, the property is walking distance to the Metro A-E Rail Lines, and Metro Local Lines along Wilshire Blvd & 7th St. This neighborhood of Westlake is ideally located with a short commute to Downtown Los Angeles, Hollywood, and Koreatown. Proximity to MacArthur Park, Echo Park, Dodger Stadium, and The Broad Museum.
Property Details
Property Features
Property Information:
Year Built: 1917
Stories: 0
Living Area: 28,156 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (310) 909-5500
Listing Agent: Neema Ahadian
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 18
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.30 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Other
Directions Information:
Directions: Between Wilshire Blvd & W 7th St
Price Information
Listing Price Info
Price Summary:
List Price: $8,250,000
Price Per SqFt: $293/SqFt
Tax Information:
Annual Amount: $103,547
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $7.2M more than the Median Sold Price and $347/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24473385
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (310) 909-5500
Listing Agent: Neema Ahadian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/19/2024, 12:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 30, 2014
May 30, 2014Home Sold
$5,125,000
Dec 23, 2011
Dec 23, 2011Home Sold
$3,235,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$103,547
$8,529,283
2020
$100,480
$8,425,991
2019
$100,286
$8,260,776
2018
$67,947
$8,098,800
2017
$67,947
$5,413,255
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Charles White Elementary
2401 Wilshire Blvd
Distance between this listing and this school0.12 miles
Public District Grades 1-5
4
/10
MacArthur Park Elementary School
2300 W 7th St
Distance between this listing and this school0.17 miles
Public District Grades KG-5
7
/10
Hoover Street Elementary
2726 Francis Ave
Distance between this listing and this school0.30 miles
Public District Grades KG-5
Nearby Schools
6
/10
Equitas Academy 4
631 S Commonwealth Ave
Distance between this listing and this school0.05 miles
Public Charter Grades 5-8
5
/10
Equitas Academy #2
2723 W 8th St
Distance between this listing and this school0.24 miles
Public Charter Grades 5-8
6
/10
Rise Kohyang Middle School
3020 Wilshire Blvd Fl 2
Distance between this listing and this school0.38 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Harold Mcalister High (Opportunity)
611 S Carondelet St
Distance between this listing and this school0.14 miles
Public District Grades 6-12
9
/10
Rise Kohyang High School
600 S La Fayette Park Pl Fl 3
Distance between this listing and this school0.22 miles
Public Charter Grades 9-12
4
/10
New Village Girls Academy
147 N Occidental Blvd
Distance between this listing and this school0.83 miles
The neighbors living near this home have an average income of $28,214. Most Los Angeles, CA residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 667 S Carondelet St
What is the listing price of this property?
The listing price of 667 S Carondelet St property is $8,250,000.
What type of property is this?
The property 667 S Carondelet St is a house located in Los Angeles, California, 90057.
Is this property for sale now?
Active Listing: 667 S Carondelet St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $103,547 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 30, 2014 for $5,125,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 667 S Carondelet St has 18 bedrooms and 59 bathrooms.
What is the square footage of this property?
The property 667 S Carondelet St is 28,156 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 667 S Carondelet St is 1917.
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This home is located at 667 S Carondelet St in Los Angeles, CA and zip code 90057 in the Central LA neighborhood. This 28,156 square foot home, which was built in 1917, sits on a 0.30 acre lot. Features: 18 bedrooms, 59 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $8,250,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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