406 South Coronado Street 406 South Coronado Street Los Angeles, California 90057 Estados Unidos
$2,575,000
Obtener indicaciones
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...
- 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
- 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.
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.
- Market Trends in
Precio medio
Dormitorios
días