316 N Coronado Street
Los Angeles, CA, 90026
$1,900,000
Beds
0 Baths
SqFt
0.15 Acres
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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.

Property Details

Price:
$1,900,000
MLS #:
DW25026621
Status:
Active
Baths:
0
Address:
316 N Coronado Street
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Feb 5, 2025
State:
CA
ZIP:
90026
Lot Size:
6,689 sqft / 0.15 acres (approx)
Year Built:
1958
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Tile
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Exterior

Community Features
Dog Park, Hiking, Urban
Parking Features
Assigned, Driveway
Parking Spots
7.00
Roof
Shingle

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316 N Coronado Street
Los Angeles, CA