316 N Coronado Street,  Los Angeles  (90026)

$1,900,000

0 bedrooms 0   0 bathrooms 0   4714 square feet 4,714
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Listed By: Melanie Guillen of Lee & Associates Los Angeles

PROPERTY DETAILS

Address: view address
Los Angeles, CA 90026
Map Location
Features: Multi-level
Square Feet:4,714 sq.ft.Lot Size:0.15 acres
Year Built:1958Property Type:Mixed Use
County:Los AngelesList Date:2024-04-17
Listing Number:DW24076478Listed By:Lee & Associates Los Angeles
Listing Office:323-702-3850Days on market:13

PROPERTY DESCRIPTION

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-bedroomswith 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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Interior

Tile Flooring:Yes

Exterior

Parking Spaces:7.00Shingle Roof:Yes

Property and Lot Details

Lot Acres:0.15Lot Number:10.00
Lot Sqft:6,689.00Public Sewer:Yes
Public Water:YesTransaction Type:Sale
Year Built:1958

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: Melanie Guillen of Lee & Associates Los Angeles