316 S Coronado St - Apartments FOR SALE


Los Angeles, CA 90057- Koreatown
$1,350,000 USD
424-666-8133
316 S Coronado St, Los Angeles, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/34
null | 4.09% Cap Rate

316 S Coronado St
Los Angeles, CA 90057
Koreatown


HIGHLIGHTS

  • Prime location for all owner-occupants, investors, and developers. Two story duplex with ADU on over ±5,277 SF lot in the heart of Westlake.
  • Huge value-add opportunity in upside rents. Upside redevelopment potential. State Enterprise Zone. TOC Tier 2 increased residential density (R3).
  • Exceptional two-story duplex. Hardwood floors, spacious living rooms and private entrances. Ample parking.

OVERVIEW

MUTOOF® is pleased to present 316 S Coronado St, Los Angeles, CA 90057. Prime location for all owner-occupants, investors, and developers. Two-story duplex with ADU on over ±5,277 SF lot in the heart of Westlake. Huge value-add opportunity upside in rents. Upside redevelopment potential State Enterprise Zone and TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (R3-1 zoning). Exceptional two-story duplex featuring hardwood floors, spacious living rooms, and a private entrance. Ample parking. Prime location near major transit stops, highways (I-10, I-110 & U.S. Route 101), shopping centers, entertainment, and nightlife. Just a mile east of Koreatown, two miles west of Downtown Los Angeles, and five miles south of Hollywood. The subject property consists of total two (2) units with ADU totaling ±2,340 SF on a sizable ±5,277 SF lot. Mix of total two (2) 2beds/2baths unit and one (1) studio unit. The two-story duplex property to be sold "as-is" and can be delivered fully vacant. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$577 USD /SF

# OF UNITS

3

PRICE/UNIT

$450,000

CAP RATE

4.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R3-1

APN/PARCEL ID

5155-032-010

ASK ABOUT THIS PROPERTY

John HaMUTOOF®More Info
424-666-8133

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John HaMUTOOF®More Info
424-666-8133

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.