$1,050,000
$49K PRICE DROP

Estimated payment $6,546/month

Total Views 870
3 Beds
2 Baths
1,720 Sq Ft
$610 Price per Sq Ft

Highlights

  • Laundry Room
  • Fenced
  • Heating Available
  • Bike Trail

About This Home

Welcome to 201 N Carondelet Street, a rare opportunity to own two separate structures on one corner lot in one of LA's most dynamic andcentrally located neighborhoods. Offered for the first time in over 25 years, this fixer is the perfect canvas for developers, investors, or savvy owner-users looking to add value and unlock serious upside. The property features two distinct units, each with its own entrance, situated on a generous corner parcel--ideal for creative redevelopment, expansion, or a full-scale renovation. This lot opens the door to potential ADU additions or reconfiguration for increased income potential. Location, location, location! Just minutes from Echo Park Lake, Silver Lake, Downtown LA, and the bustling Koreatown scene. Enjoy easy access to shops, cafes, freeways, public transportation, and some of the city's best eateries, nightlife,and culture. This high-demand pocket offers both walkability and strong long-term appreciation potential. Don't miss your chance to reimagine this character-rich duplex in one of LA's most desirable growth areas. Opportunities like this rarely come around--especially on a corner lot with incredible street presence!

Listing Agent

Nabil Suleiman

Atlas Elm Realty License #02004196 Listed on: 08/04/2025

Co-Listing Agent

Mike Enriquez

Atlas Elm Realty License #02041748

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,416

Year Built

  • Built in 1922

Lot Details

  • 6,197 Sq Ft Lot
  • No Common Walls
  • Fenced
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,720 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Heating Available

Listing and Financial Details

  • Tax Tract Number 208
  • Assessor Parcel Number 5157008028

Community Details

Overview

  • 2 Buildings

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,416

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5157008028
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 610.47

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6197.00
  • Lot Size Acres: 0.1423

Multi Family

  • Insurance Expense: 1200.00
  • Lot Size Area: 6197.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Rent Control: Yes

Tax Info

  • Tax Tract Number: 208...

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,416 $936,360 $676,260 $260,100
2024 $11,416 $918,000 $663,000 $255,000
2023 $11,202 $900,000 $650,000 $250,000
2022 $1,156 $71,328 $37,165 $34,163
2021 $1,129 $69,931 $36,437 $33,494
2020 $1,134 $69,215 $36,064 $33,151
2019 $1,102 $67,858 $35,357 $32,501
2018 $986 $66,528 $34,664 $31,864
2016 $927 $63,947 $33,319 $30,628
2015 $915 $62,987 $32,819 $30,168
2014 $934 $61,755 $32,177 $29,578
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $1,050,000 0.0% $610 / Sq Ft
09/15/2025 09/15/25 For Sale $1,050,000 -4.5% $610 / Sq Ft
08/27/2025 08/27/25 Off Market $1,099,000 -- --
08/04/2025 08/04/25 For Sale $1,099,000 -- $639 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $800,000 North American Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,000 New Conventional
Previous Owner $590,000 Unknown
Previous Owner $263,000 Fannie Mae Freddie Mac
Previous Owner $252,000 Unknown
Previous Owner $165,000 Unknown
Source: Public Records

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-23567

Pasadena-Foothills Association of REALTORS®

APN: 5157-008-028