827 S Carondelet St Los Angeles, CA 90057

$--

13 Beds
14 Baths
9,352 Sq.Ft.

Off Market

Map preview of 827 S Carondelet St, Los Angeles, CA 90057

Property Overview: 827 S Carondelet St Los Angeles, CA has 13 bedrooms, 14 bathrooms, 9,352 living square feet and 7,465 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

827 S Carondelet St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 827 S Carondelet St

Last sold on August 24th, 2015

September, 2022
Sep 22, 2022

Date

Expired

CRMLS: 22144227

$3,000,000

Price
Mar 21, 2022

Date

Active

CRMLS: 22144227

$3,000,000

Price
Listing provided courtesy of CRMLS

887 S Carondelet is a 14-unit value-add investment opportunity located in the MacArthur Park just south of the intersection between W 8th Street and S Hoover St, providing easy access to both Koreatown and Downtown Los Angeles. The subject property totals 9,352 SF featuring a unit mix that includes six singles, seven one-bedrooms and one two-bedroom with six parking spaces. The majority of rents are currently under market, providing a true value-add opportunity to capture the 44% rental upside through an interior renovation program when units turn.The location boast a high Walk Score of 96, close proximity to schools, employment, restaurants, entertainment and transit options. This ideal location makes it convenient for residents to commute throughout the city with or without a vehicle.MacArthur Park remains an attractive area to invest in as the rental market continues to thrive as it is the center of high growth neighborhoods such as Pico-Union, Koreatown, Echo Park, and Downtown Los Angeles.

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March, 2022
Mar 1, 2022

Date

Active

CRMLS: 22132307

$3,695,000

Price
Listing provided courtesy of CRMLS

AMAZING OPPORTUNITY TO AQUIRE A BEAUTIFUL INVESTMENT MULTIFAMILY BUILDING IN THE HEART OF MCARTHUR PARK. GREAT LOCATION. WELL KEPT BUILDING. TONS OF VALUE ADD. ALL UNITS NEED REHAB. RENTS ARE FAR BELOW MARKET RATE! FIX UNIT AND RENT FOR MARKET RATE. GREAT INVESTMENT.

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August, 2015
Aug 24, 2015

Date

Sold (Public Records)

Public Records

--

Price
July, 2013
Jul 19, 2013

Date

Sold (Public Records)

Public Records

$10,000

Price

Tax History for 827 S Carondelet St

Assessed Value (2020): $1,256,797

Year	Land Value	Improved Value	Assessed Value
2020	$753,238	$503,559	$1,256,797

About 827 S Carondelet St

Detailed summary of property

827 S Carondelet St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90057 and is currently off market. This property has 13 bedrooms, 14 bathrooms, roughly 9,352 living square feet, and sits on an approximately 7,465 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 421 S La Fayette Park Pl #709, 421 S La Fayette Park Pl #328 and 421 S La Fayette Park Pl #401. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 827 S Carondelet St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 827 S Carondelet St

Public county record property details

Beds: 13
Baths: 14
Year built: 1957
Sq. Ft.: 9,352
Lot Size: 7,465
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 87
APN: 5141-025-007

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$575,000

Median List Price/Sq.Ft.

$538

Median Sold Price

$900,000

Median Sold Price/Sq.Ft.

$515

Total Inventory

Median Sale to List Price %

90.91%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (100%), Other (0%)

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(714) 706-1823

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