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!