511 S Carondelet Street Los Angeles, CA ^$ 7,750,000

511 S Carondelet Street

^$ 7,750,000

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Recently Listed

511 S Carondelet Street

Los Angeles, CA, 90057

^$ 7,750,000

Bedrooms33 Baths4.0 Sq 26,000

Monthly Estimate*

^$ 47,718

Listed by Lyon Stahl Investment Real Estate, Inc.

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Multi-Family Home for sale in Los Angeles, CA

for $7,750,000 with 33 bedrooms and 4 full baths. This 26,000 square foot home was built in 1991 on a lot size of 0.2678.

511 S Carondelet St | 29-Unit Non-RSO Multifamily in Central Los Angeles. Built in 1991 on a 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 $7,750,000 ($267,241/unit | $284/SF) with a 6.04% in-place cap rate and 7.33% pro forma cap rate, supported by additional income from parking, laundry, and fees.

Multi-Family Active

Price

^$ 7,750,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2678

Year Built

1991

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26640807

Days on Market

Features

General

Living Area 26000

Heating Central

Cooling Central Air

Appliances Dishwasher Microwave

Zoning LAR4

Year Built 1991

Levels Multi/Split

Gross Income 710520

County Los Angeles

Net Operating Income 468178.4

New Construction false

Property Type Residential Income

HOA false

Garage Y/N true

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions On S Carondelet St near Ocean View Ave

City Los Angeles

Senior Community Y/N false

Number Of Units Total 29

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 11666

Standard Status Active

Cap Rate 6.04

Interior

Total Stories 0

Air Conditioning Y/N true

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 33

Total Baths 37

Exterior

Parking Features Controlled Entrance Garage

Total Parking 48

Lot Size Area 11666

Number of Buildings 1

Building Area Total 26000

Lot Dimensions 108x108

Lot Size Acres 0.2678

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

taylor@lyonstahl.com

Affordability Calculator

$47,718

Per Month

Monthly Principal & Interest: $47,718
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,865,649

Percent of Sale Price 76%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
1/22/2026	$7,750,000		Listed Price

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511 S Carondelet Street, Los Angeles, CA, 90057 is a Multi-Family Home for sale at $7,750,000 with 26,000 sqft and a lot size of 0.2678. 511 S Carondelet Street has 33 bedrooms, 4.0 baths, and was built in 1991. The property's zip code is 90057 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 1/24/2026. 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.

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511 S Carondelet Street

Multi-Family Home for sale in Los Angeles, CA

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