We are pleased to present 230 South Carondelet Street, a nine unit apartment building located in the heart of Los Angeles' Westlake Neighborhood. With current rents below market and a low price per unit, this offering gives an investor the opportunity to acquire a true value-add asset in a market with continued population growth.Built in 1957, 230 South Carondelet Street provides a strong unit mix of one bedrooms and two bedrooms. There are 5 tandem parking spaces.The Subject Property is located in the emerging neighborhood of Westlake, with population growth year-over-year as well as employment opportunities within walking distance. This opportunity provides an investor the chance to capture significant upside in rents through renovations and unit turnover.
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