About this home

An exceptional opportunity to own a 2017-built four-unit property in the heart of Los Angeles. Located at 136-138 1/2 North Carondelet Street, this property offers a desirable mix of larger residences: one 2-bedroom, 2-bath unit; two 3-bedroom, 2-bath units; and one 4-bedroom, 3-bath unit-for a combined 12 bedrooms and 9 bathrooms. The varied unit mix provides versatility for investors seeking a multifamily asset with broad rental appeal. Indoor laundry adds everyday convenience, while eight off-street parking spaces, including four garage spaces, provide a valuable advantage in this urban setting. Built in 2017 and offered as exempt from the City of Los Angeles Rent Stabilization Ordinance, subject to buyer verification, the property combines newer construction with an appealing ownership opportunity. Enjoy a central location near Silver Lake and Downtown Los Angeles, with access to the dining, shopping, nightlife, and entertainment that make Los Angeles a world-class destination. From neighborhood cafes and cultural attractions to evenings on the Sunset Strip, residents are well positioned to experience the city's diverse offerings. With its substantial bedroom count, versatile unit mix, indoor laundry, generous parking, and central location, this fourplex presents a compelling opportunity to establish or expand a Los Angeles real estate portfolio.

Facts and features

Schools

• Lake Street Primary School

  elementary · K-1 · 0.2 mi

• Belmont Senior High School

  high · 9-12 · 0.9 mi

  3

• Virgil Middle School

  middle · 6-8 · 1.0 mi

  7

• St. Nicholas Primary & Child Care

  elementary · K-6 · 0.4 mi

• Rosemont Avenue Elementary School

  elementary · 2-5 · 0.3 mi

  5

• Citizens Of The World Charter School Silver Lake

  elementary · K-8 · 0.1 mi

  6

Price history

• Oct 12, 2026 · Listed$1,995,000
• Sep 9, 2026 · Listing Removed$3,395
• Aug 4, 2026 · Price Changed For Rent$3,395
• May 8, 2026 · Price Changed For Rent$3,450
• Mar 16, 2026 · Listed For Rent$3,650
• Oct 2, 2020 · Listing Removed—
• May 11, 2020 · Relisted$2,350
• May 6, 2020 · Listing Removed—

Tax history

• 2025$29,140 tax · $2,437,225 assessed
• 2024$28,755 tax · $2,389,437 assessed
• 2023$28,201 tax · $2,296,654 assessed
• 2022$26,894 tax · $2,251,622 assessed
• 2021$26,552 tax · $2,207,474 assessed
• 2020$26,825 tax · $2,184,840 assessed
• 2019$25,492 tax · $2,142,000 assessed
• 2018$7,928 tax · $642,600 assessed

Home value

$2,829,801

• Quantarium$2,829,801
• Collateral Analytics$1,314,000

Where it is