Property Description

Lender will carry 50%. No payments first 6 months accrued to principal 12% *Westlake Gem: Approved 6-Unit Development, 50% Built, with Breathtaking Downtown LA Views & Prime Downtown Proximity **253 S Carondelet St: Hilltop Asset with City Panoramas, Tremendous Curb Appeal, **Unlock a rare development opportunity** in one of Los Angeles’ most dynamic neighborhoods. Located at **253 S Carondelet St, Westlake (90057)** 6-unit apartment property ** sits on a coveted hilltop perch, offering *panoramic downtown skyline views* and unmatched curb appeal. With **approved plans, permits secured, and 50% construction completed**, this asset delivers a low-risk, high-reward path to owning a premium multifamily property in a high-demand urban corridor. **Prime Westlake Location**: Steps from Downtown LA’s thriving core, with easy access to Metro lines, the 110 Freeway, and landmarks like MacArthur Park, L.A. Live, and the Fashion District. **Unrivaled Views & Curb Appeal**: Commanding hilltop position ensures privacy, sweeping city vistas, and a striking exterior that attracts discerning tenants. **Optimized Unit Mix**: - Two 3 Bed/3 Bath 1,280 sqft (Ideal for Upscale Families) - Two 3 Bed/2 Bath 1,280 sqft - Two 2 Bed/2 Bath 800 sqft (Perfect for Professionals) **Premium Parking**: Five 2-car garages + street parking ease, a critical perk in urban LA.

ESSENTIAL INFO

• Status: Active