140 N Carondelet St, Los Angeles, CA 90026
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140 N Carondelet St Los Angeles, CA 90026

$2,830,000 Sold Price as of 10/19/2021
  • 12 Beds
  • 12 Baths
  • 6,042 Sq.Ft.
Sold
$2,830,000 Sold Price as of 10/19/2021 Refinance Your Mortgage

Map preview of 140 N Carondelet St, Los Angeles, CA 90026

Property Overview: 140 N Carondelet St Los Angeles, CA has 12 bedrooms, 12 bathrooms, 6,042 living square feet and 6,719 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: NEWLY BUILT, vacant investment in a high-rent, high demand location. Efficiency and luxury united in this BRAND NEW CONSTRUCTION, Historic Filipinotown, Echo Park haven. Gasp at the beautiful views via spacious balconies or through grand windows. This property is conveniently located near all major freeways and is central to DTLA, Hollywood and the Valley. Each of the 4 units boasts a +/-1500 square foot 2-story, privately parked layout. Fully loaded with 3 generously designed bedrooms and 3 stylishly modern bathrooms. Parking is not an issue as each unit has a 2 car side by side garage along with storage space in each. Additionally, each unit boasts a state of the art Ring doorbell and Nest thermostat. Each of the 4 units has its own address with individual water and gas meters. Echo Park is a beautifully centralized location with proximity to entertainment, employment, and local culture to offer. Enjoy taking in the city with a 'very walkable' score of 84. Bring out your inner artist with open floor plans that allow for maximal creativity within an exceptionally performing asset.

Listed by Noah Stangby | BRE #01995586 | Trimax Realty, Inc.
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 83

Home details

Lot Sq. Ft
6,719
HOA Dues
$0/mo
Year built
2021
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21730196
City
Los Angeles
County
Los Angeles
Time on Site
1103 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $18,000
  • Pro Forma/Market Rent: $18,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.3
  • Gross Scheduled Income: --
  • Net Operating Income: $176,000
  • Gross Operating Income: $220,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 140 N Carondelet St

Interior Features
Heating Information
  • Has Heating
  • Heat Pump
Kitchen Information
  • Has Appliances
  • Disposal
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Covered
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5157010010
  • Architectural Style: Contemporary
Location / Neighborhood
Location Information
  • Directions: East on Temple St. from 101 Freeway. South on Carondelet St. from Temple.
View more facts & features

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Sale History for 140 N Carondelet St

Last sold for $2,830,000 on October 19th, 2021
  • September, 2021

  • Sep 10, 2021

    Date

    Withdrawn

    CRMLS: 21737562

    $4,000

    Price

  • Jul 9, 2021

    Date

    Price Change

    CRMLS: 21737562

    $4,000

    Price

  • May 27, 2021

    Date

    Active

    CRMLS: 21737562

    $4,500

    Price

  • Listing provided courtesy of CRMLS

    Huge price correction!! Bring your tenants to this prime Historic Filipinotown property. Each unit has 3 beds, 3 full baths, and two car SIDE BY SIDE private garages. Won't last long!!

  • August, 2021

  • Aug 3, 2021

    Date

    Active Under Contract

    CRMLS: 21730196

    $2,999,999

    Price

  • Jun 23, 2021

    Date

    Price Change

    CRMLS: 21730196

    $2,999,999

    Price

  • May 11, 2021

    Date

    Active

    CRMLS: 21730196

    $3,149,000

    Price

  • September, 2018

  • Sep 25, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2017

  • Oct 19, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 140 N Carondelet St

Assessed Value (2020): $1,212,772
Year Land Value Improved Value Assessed Value
2020 $758,472 $454,300 $1,212,772

Home Value Compared to the Market

This property vs the competition

140 N Carondelet St sold on October 19, 2021 for 152.1% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $496.52 per/sqft which puts the price per square foot 34.24% lower than the current median sale per square foot for the city of Los Angeles.

About 140 N Carondelet St

Detailed summary of property

140 N Carondelet St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 12 bedrooms, 12 bathrooms, roughly 6,042 living square feet, and sits on an approximately 6,719 square foot lot. 140 N Carondelet St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $2,830,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 152.1% higher than the current median priced home. Local homes that are currently for sale include 907 Glendale Blvd, 318 Columbia Ave and 1445 Calumet Ave. While the average home in Los Angeles, CA is selling in 92 days, 140 N Carondelet St has a days on market of 83 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 140 N Carondelet St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 140 N Carondelet St

Public county record property details
Beds
2
Baths
1
Year built
1908
Sq. Ft.
1,314
Lot Size
6,718
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
134
APN
5157-010-010

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
73
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Related Resources to 140 N Carondelet St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.