316 N Coronado Street

Los Angeles, CA 90026

$1,900,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1958

calendar_month Built

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.

Listing Information

List Price $1,900,000
Status Active
MLS DW25026621
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1958
Lot Size 6,689
Structure Size N/A
Courtesy Of Lee & Associates Los Angeles
Listing Agent Melanie Guillen DRE#01322895

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Tile
Fireplace Information
Features None
Additional Information
Additional Features Unfurnished
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Melanie Guillen, Lee & Associates Los Angeles 323-702-3850. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 5th, 2025 at 8:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.