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Listed by Melanie Guillen • Lee & Associates Los Angeles
$1,900,000
Est. payment /mo
4,714 SqFt
Active
316 N Coronado Street Los Angeles, CA 90026
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,714 sqft
Price per Sqft $403
MLS Listing ID CRDW25026621
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1958
Lot Size 6,689 Sqft
Property Sub-Type Other
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
Interior
Heating Wall Furnace
Cooling None
Flooring Tile
Fireplace No
Laundry No Hookups
Exterior
View None
Building
Water Public
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