316 Coronado Street, Los Angeles
Los Angeles Home For Sale
We are pleased to present an 8 multi- unit residential property located in the thriving historic Filipino town community, also known as HiFi, which is known for its diverse culinary scene. It is closely bordered by the eclectic and popular neighborhoods of Silverlake and Echo Park. Its central location provides easy access to the city’s amenities and attractions, including a multitude of dining and entertainment options. Built in 1958, this multi-unit investment property, consists of eight units with 7 on-site allocated parking spaces. Each unit features two-bedrooms with 1 bath. Five units will be delivered vacant and are therefore primed for transformation. This property offers the perfect canvas for investors looking to revitalize and enhance rental units in a sought-after location, with an easy to operate cash flow property and long term rent appreciation. The 5 vacant units can be rented at market rents with value-added upgrades that maximize tenant appeal. Schedule a tour or contact us for a financial summary for a breakdown of revenue, expenses, NOI, and cap rate.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90026
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- MLS® #:
- DW24076478
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- Bedrooms:
- 16
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- Bathrooms:
- 8
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- Lot Size:
- 0.15
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- Levels:
- Two
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- HOA Dues:
- $
Price Change History for 316 Coronado Street, Los Angeles, (MLS® #DW24076478)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending (from Active) | – | – |
Based on information from California Regional Multiple Listing Service, Inc. as of July 16th, 2024 at 8:15pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.