United StatesCaliforniaLos AngelesHistoric Filipinotown316 North Coronado Street

316 North Coronado Street 316 North Coronado Street Los Angeles, California 90026 United States

$1,900,000
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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...

Lee & Associates Los Angeles

Listing Courtesy of Lee & Associates Los Angeles, Email/Phone : 323-702-3850
$1,900,000
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607 m²
Exterior
Residential Income
Property type
1958
Year Built
DW25026621
Web Id
DW25026621
MLS ID
Los Angeles Unified
School District
103
days ago

About 316 North Coronado Street

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 Courtesy of Lee & Associates Los Angeles, Email/Phone : 323-702-3850

Amenities

  • Tile Flooring

features

cooling
Propane Heating
Parking
Assigned Parking, Driveway

PROPERTY INFORMATION

Community Info
DogPark, Hiking, Urban
Garage Info
0
Heating
WallFurnace
Parking Description
Assigned, Driveway
Sewer
PublicSewer
Water
Public

EXTERIOR

Lot Description
ZeroToOneUnitAcre
Roofing
Shingle

INTERIOR

Flooring
Tile
Interior Features
Unfurnished

ADDITIONAL INFORMATION

Number of Units
8
Listing Courtesy of Lee & Associates Los Angeles, Email/Phone : 323-702-3850

Lee & Associates Los Angeles

Listing Courtesy of Lee & Associates Los Angeles, Email/Phone : 323-702-3850
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