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316 N Coronado Street Los Angeles, CA $ 1,900,000
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$ 1,900,000 Get more info
316 N Coronado Street
$ 1,900,000
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316 N Coronado Street

Los Angeles, CA, 90026
$ 1,900,000
Bedrooms16 Baths8.0 Sq 4,714

Monthly Estimate*

$ 13,272

Listed by Lee & Associates Los Angeles
316 N Coronado Street, Los Angeles, CA 90026 - Image 1
316 N Coronado Street, Los Angeles, CA 90026 - Image 2
316 N Coronado Street, Los Angeles, CA 90026 - Image 3
316 N Coronado Street, Los Angeles, CA 90026 - Image 4
316 N Coronado Street, Los Angeles, CA 90026 - Image 5
316 N Coronado Street, Los Angeles, CA 90026 - Image 6
316 N Coronado Street, Los Angeles, CA 90026 - Image 7
316 N Coronado Street, Los Angeles, CA 90026 - Image 8
316 N Coronado Street, Los Angeles, CA 90026 - Image 9

Multi-Family Home for sale in Los Angeles, CA

for $1,900,000 with 16 bedrooms and 8 full baths. This 4,714 square foot home was built in 1958 on a lot size of 0.1536.

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.

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Multi-Family Active

Price

$ 1,900,000

Bedrooms

16

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

MixedUse

Lot Size

0.1536

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW24076478

Days on Market

14
Features
General
Interior Features Unfurnished
Sewer PublicSewer
Heating WallFurnace
Cooling None
Utilities ElectricityAvailable NaturalGasAvailable SewerConnected WaterAvailable
Possession SeeRemarks
Roof Shingle
Zoning LAR3
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1958
Electric Standard
Tenant Pays AllUtilities
View None
Stories 2
Levels Two
Property SubType MixedUse
Gross Income 240000.0
Community Features DogPark Hiking Urban
County Los Angeles
Net Operating Income 183187.0
Operating Expense 56813.0
Insurance Expense 3810.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Cross Streets are Coronado Street and Temple Street
City Los Angeles
Entry Location floor level
View Y/N N
Senior Community Y/N N
Open Parking Spaces 7.0
Total Units 8
MLS Area C21 - Silver Lake - Echo Park
Lot Size Square Feet 6689.0
Private Pool N
Waterfront Y/N N
Carport Spaces 0.0
Carport Y/N N
Number of Units Leased 3
Street Name Coronado
Listing Terms CashtoNewLoan
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Current Financing Other
Property Condition RepairsCosmetic
Trash Expense 4257.4
Water Sewer Expense 2425.5
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 4
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 10
Total Actual Rent 2742.0
Property Sub Type Additional MixedUse
Taxes 22800.0
Cap Rate 9.14
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Interior
Flooring Tile
Fireplace Features None
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing WroughtIron
Parking Features Assigned Driveway
Lot Features Item01UnitAcre
Water Source Public
Total Parking 7.0
Lot Size Area 6689.0
Number of Buildings 1
Spa N
Building Area Total 4714.0
Lot Size Acres 0.1536
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 316
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* Excluded Features
List By
Lee & Associates Los Angeles

Broker

(323) 702-3850

Phone

Affordability Calculator

$13,272
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,272
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/18/2024$1,900,000 Listed Price

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316 N Coronado Street, Los Angeles, CA, 90026 is a Multi-Family Home for sale at $1,900,000 with 4,714 sqft and a lot size of 0.1536. 316 N Coronado Street has 16 bedrooms, 8.0 baths, and was built in 1958. The property's zip code is 90026 which is in Los Angeles, CA

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