CA > Los Angeles
Los Angeles, CA 90026,316 N Coronado ST
Los Angeles, CA 90026,316 N Coronado ST
Los Angeles, CA 90026,316 N Coronado ST
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$1,900,000
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6,690 Sqft Lot
Active

316 N Coronado ST Los Angeles, CA 90026

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Lawrence Joseph Cech, CNE

Lawrence Joseph Cech, CNE

Keller Williams Coastal Properties

+1(215) 519-8300

UPDATED:

02/05/2025 08:41 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25026621

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1958

Lot Size 6,690 Sqft

Property Sub-Type Mixed Use

Property Description

Multi-Family Investor Opportunity in Historic Filipinotown (HiFi)! Introducing a rare 8-unit multi-family residential investment opportunity in the heart of Historic Filipinotown—a trendy, up-and-coming area perfectly positioned between the highly sought-after neighborhoods of Silverlake and Echo Park. Built in 1958, the property features eight 2-bedroom, 1-bath units and 7 on-site allocated parking spaces. With 5 units delivered vacant, investors have an excellent opportunity to implement upgrades that can drive higher market rents and enhance tenant appeal among young professionals, industry experts, and artists that are drawn to this area. Benefit from an easy-to-operate asset with strong cash flow potential and long-term rental appreciation. For a detailed breakdown of revenue, expenses, NOI, and cap rate, please schedule a tour or contact us for a comprehensive financial summary.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR3

Interior

Interior Features Unfurnished

Heating Wall Furnace

Cooling None

Flooring Tile

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features Assigned, Driveway

Fence Wrought Iron

Pool None

Community Features Dog Park, Hiking, Urban

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 7

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 5157006009

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Melanie Guillen • Lee & Associates Los Angeles • 323-702-3850

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agent

Lawrence Joseph Cech, CNE

Agent | License ID: 2212873

+1(215) 519-8300

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316 N Coronado ST