Login

511 S Carondelet Street, Los Angeles, CA 90057

Los Angeles
Local realty services provided by:CENTURY 21 Epic
511 S Carondelet Street,Los Angeles, CA 90057
$7,400,000
  • 33 Beds
  • 37 Baths
  • 26,000 sq. ft.
  • Multi-family
  • Active
Listed by: taylor avakian
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26640807
Source:CRMLS

Price summary

  • Price:$7,400,000
  • Price per sq. ft.:$284.62

About this home

511 S Carondelet St | 29-Unit Non-RSO Multifamily in Central Los AngelesBuilt in 1991 on an 11,674 SF LAR4 lot with 27,284 SF of improvements, this well-positioned asset features a strong unit mix of (4) studios, (17) 1-bed/1-bath, and (8) 2-bed/2-bath units plus 48 on-site parking spaces. The property is not subject to rent control (Non-RSO) and offers clear value-add upside through lease-up of two vacant units and mark-to-market rent growth across the rent roll. Offered at $7,400,000 ($255,172/unit | $271/SF) with a 6.11% in-place cap rate and 7.46% pro forma cap rate, supported by additional income from parking, laundry, and fees.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1991
  • Listing ID #:26640807
  • Added:97 day(s) ago
  • Updated:April 30, 2026 at 10:43 AM

Rooms and interior

  • Bedrooms:33
  • Total bathrooms:37
  • Kitchen Description:Dishwasher, Microwave
  • Living area:26,000 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1991
  • Building area:26,000 sq. ft.
  • Lot area:0.27 Acres

Finances and disclosures

  • Price:$7,400,000
  • Price per sq. ft.:$284.62

Features and amenities

  • Appliances:Dishwasher

Parking

  • Total parking spaces:48
  • Parking description:Controlled Entrance, Garage
  • Garage:Yes
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Epic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Epic, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 511 S Carondelet Street