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201 N Carondelet, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath

201 N Carondelet, Los Angeles, California 90026 home-pic-0
ACTIVE$950,000
201 N Carondelet, Los Angeles, California 90026
0Bed
0Bath
6,197Sqft
6,197Lot
Year Built
1922
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$153
HOA
-
Days on market
-
Sold On
-
MLS number
SR25271147
Home ConditionPoor
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $950.0K(50th), sqft - 6197(91th), beds - undefined(50th), baths - undefined(50th).

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!

Nearby schools

/10
Lake Street Primary School
Public,•K-1•0.3mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•0.3mi
/10
Lafayette Park Primary Center
Public,•K•0.5mi
5/10
Union Avenue Elementary School
Public,•K-5•0.6mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•0.7mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.0mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.1mi
3/10
Sal Castro Middle School
Public,•6-8•0.9mi
5/10
Virgil Middle School
Public,•6-8•1.0mi
3/10
Belmont Senior High School
Public,•9-12•0.9mi

Price History

Date
Event
Price
12/04/25
Listing
$950,000
11/16/22
Sold
$800,000
Condition Rating
Poor
Built in 1922, this property is over 100 years old and is explicitly marketed as a 'fixer' requiring 'extensive renovation.' The exterior images show significant neglect, including peeling paint, dilapidated awnings, and unkempt landscaping, strongly indicating a need for substantial repairs and rehabilitation. The absence of interior photos further suggests the internal condition is also in significant disrepair, likely requiring major system replacements and comprehensive updates to be safe and comfortable.
Pros & Cons

Pros

Prime Location & Accessibility: Strategically located minutes from Echo Park, Silver Lake, Downtown LA, and Koreatown, offering exceptional access to amenities, freeways, and public transportation.
Significant Value-Add Potential: Described as a 'fixer' and 'perfect canvas' for developers and investors, offering substantial upside through renovation, expansion, or creative redevelopment.
Income-Generating Duplex on Corner Lot: Features two distinct units with separate entrances on a generous corner parcel, providing immediate income potential and flexibility for various owner-user or investment strategies.
Generous Corner Lot with ADU Potential: The 6,197 sqft corner lot offers ample space for expansion, landscaping, and the potential for additional dwelling units (ADUs), further increasing income and property value.
Strong Appreciation in High-Demand Area: Situated in a high-demand pocket of Los Angeles, indicating robust long-term appreciation potential and a desirable investment environment.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 6197, other record living area = 1720.
Extensive Renovation Required: Explicitly marketed as a 'fixer,' the property will require significant capital investment and extensive renovation to modernize and maximize its value.
Advanced Age of Structures: Built in 1922, the structures are over a century old, likely necessitating comprehensive updates to plumbing, electrical, roofing, and potentially addressing historical building code or material issues.
Unspecified Living Area: The property details do not clearly state the square footage of the living space for the two units, making it challenging for buyers to accurately assess the interior size and renovation scope without further investigation.

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