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316 N Coronado St Los Angeles, CA, 90026
$1,900,000 Commercial for sale Other
We are pleased to present an 8 multi- unit residential property located in the thriving historic Filipino town community, also known as HiFi, which is known for its diverse culinary scene. It is closely bordered by the eclectic and popular neighborhoods of Silverlake and Echo Park. Its central location provides easy access to the city’s amenities and attractions, including a multitude of dining and entertainment options. Built in 1958, this multi-unit investment property, consists of eight units with 7 on-site allocated parking spaces. Each unit features two-bedrooms with 1 bath. Five units will be delivered vacant and are therefore primed for transformation. This property offers the perfect canvas for investors looking to revitalize and enhance rental units in a sought-after location, with an easy to operate cash flow property and long term rent appreciation. The 5 vacant units can be rented at market rents with value-added upgrades that maximize tenant appeal. Schedule a tour or contact us for a financial summary for a breakdown of revenue, expenses, NOI, and cap rate.
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Property details
4,714 sqft interior area
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None
Land area
6,689 sqft (0.15 acres)
Days on Verhouse
30
Address
316 N Coronado St, Los Angeles, CA, 90026
City of California
Los Angeles
County
Los Angeles
Year Built
1958
District
Listing
Nearby major retailers
Costco
T-Mobile
Albertsons
Trader Joe's
Toyota
Whole Foods Market
Wholesale: 1
Mobile phone: 6
Supermarket: 6
Car: 2
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Interior Features
Tile floors
Floor Covering
Tile
Garage & Parking
Assigned, Other
Listed by
Melanie Guillen, Lee & Associates Los Angeles
Name
Melanie Guillen
License number
01322895
Brokerage company
Lee & Associates Los Angeles
MLS #
CRDW24076478
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Calculate your monthly payments
Mortgage
$5,834
Taxes
$0
HOA dues
$0
Mortgage
$380,000 / 20%
2.28%
30 years
Your amount
$5,834 / month
Lot details
TMK #5157006009
Parcel nr.
5157006009
90026 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90026
39%
Families with children
National average: 39%
53%
Non family households
714,544
Population
$69,117
Average Income
Age & gender
Median age 35 years
More info
Commute types
62% commute by car
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Education level
25% have not graduated education
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Number of employees
1% work in retail trade
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Vehicles available
47% have 1 vehicle
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Vehicles by gender
47% have 1 vehicle
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Housing market insights for
$1.28m
Neighborhood average
sales price*
sales price*
$1m
Neighborhood median
sales price*
sales price*
572
Number
of sales*
of sales*
Housing type
43% are apartments
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Rooms
38% of the houses have 2 or 3 rooms
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Bedrooms
37% have 2 or 3 bedrooms
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Owners vs Renters
85% are renters
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17.67 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Apr 17, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 17, 2024 | New Listing | $1,900,000 | 0 | MLS #CRDW24076478 |
Taxes of 316 N Coronado St, Los Angeles, CA, 90026
LAR3 zoning / MLS #CRDW24076478
Zoning
LAR3
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Frequently Asked Questions about 316 N Coronado St
What is 316 N Coronado St?
316 N Coronado St is a Commercial/Industrial propertywith 4,714 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
316 N Coronado St, Los Angeles, CA, 90026.
What comparable properties are nearby?
Comparable nearby commercial properties include 151 S Mountainview St, 259 N Burlington Ave, 2502 W 3rd St, 1035 N Alvarado St, 229 S Westlake Ave, 220 N Hoover St.
Based on information from the bridgeMLS as of 05-16-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 22, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are El C Lollo Meat Market, 0.34 miles away and Smart & Final, 0.36 miles away.
The 90026 zip area has a population of 714,544, and 39% of the families have children. The median age is 35.52 years and 62% commute by car. The most popular housing type is "apartment" and 85% is renter.
