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Listed by Melanie Guillen • Lee & Associates Los Angeles
$ 1,900,000
Est. payment /mo
Active
316 N Coronado ST Los Angeles, CA 90026
6,689 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25026621
Originating Board California Regional MLS
Year Built 1958
Lot Size 6,689 Sqft
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
Rooms
Kitchen None
Interior
Heating Wall Furnace
Cooling None
Laundry None
Exterior
Parking Features Assigned Spaces, Other
Garage Spaces 7.0
Pool 31, None
View None
Roof Type Shingle
Building
Water District - Public
Others
Tax ID 5157006009
Special Listing Condition Not Applicable
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