Estados UnidosCaliforniaLos AngelesMacarthur Park406 South Coronado Street

406 South Coronado Street 406 South Coronado Street Los Angeles, California 90057 Estados Unidos

$2,575,000
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Key Property Details Location: 406 S Coronado St, Los Angeles, CA 90057 Lot Size: 7,732 square feet Total Building Area: 6,250 square feet Units: 13 (12 one-bedroom units, 1 studio)Construction: Spanish-style architecture with modernized...

Lyon Stahl Investment Real Estate, Inc.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.
12
Dormitorios
581 metros cuadrados
Interior
728 metros cuadrados
Exterior
Edificio Residencial
Tipo de inmueble
1922
Año de construcción
25512303
ID web
25512303
ID de MLS
Los Angeles Unified
Distrito escolar
50
días atrás

About 406 South Coronado Street

Key Property Details Location: 406 S Coronado St, Los Angeles, CA 90057 Lot Size: 7,732 square feet Total Building Area: 6,250 square feet Units: 13 (12 one-bedroom units, 1 studio)Construction: Spanish-style architecture with modernized interiors Year Built: 1922 Zoning: LAR4 (Multifamily with potential for additional ADUs) 406 S Coronado St offers an attractive combination of stable rental income and long-term appreciation potential. The property is currently delivering a 6.08% cap rate, with the ability to achieve 9.87% by optimizing rental rates and capitalizing on Westlake's strong rental market.The unit interiors have been updated with modern kitchens, stainless steel appliances, and wood-inspired flooring, making it a turnkey investment with additional upside. Investors can further enhance returns by leasing the currently vacant unit at market rate and leveraging the ability to construct up to 8 ADUs under AB 1211.With a favorable price per unit and strong occupancy rates, this multifamily asset is a compelling opportunity for investors looking to capitalize on a high-demand rental submarket.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.

Amenidades

  • Lavavajillas
  • heating/cooling

características

enfriamiento
Propano Calefacción

PROPERTY INFORMATION

Appliances
Dishwasher, Disposal
Cooling
WallWindowUnits
Heating
WallFurnace

ADDITIONAL INFORMATION

Number of Units
13
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.

Lyon Stahl Investment Real Estate, Inc.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.
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