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316 N Coronado Street

Los Angeles, CA 90026

– beds
– baths
– sqft
6,689 sqft lot
1958 build
– on site

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.

Listed By CRMLS_CA / Melanie Guillen / Lee & Associates Los Angeles / 323-702-3850

Last checked: Checking… • Last updated Feb 6, 2025 •

MLS# DW25026621 —

The Building

Year Built:

1958
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

4714.00
Building Area Units:

Square Feet
Total Number Of Units:

8
# of Buildings:

1
Roof:

Shingle
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

8
# of Separate Electric Meters:

8

Interior

Features:

Unfurnished
Levels:

Two
Entry Location:

floor level
Flooring:

Tile
Room Type:

Living Room
Fireplace:

No
Fireplace:

None
Laundry:

None

Location

Directions:

Cross Streets are Coronado Street and Temple Street
Latitude:

34.07250000
Longitude:

-118.27286100

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Property Condition:

Repairs Cosmetic
Zoning:

LAR3
Lot Features:

0-1 Unit/Acre
Lot Size Area:

6689.0000
Lot Size Acres:

0.1536
Lot Size SqFt:

6689.00
Lot Size Source:

Assessor
View:

None
Fencing:

Wrought Iron
Fence:

Yes
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

1957.10
Tax Tract:

Eva...
Tax Lot:

10

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5157006009

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Utilities

Utilities:

Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

None
Included:

No

The Community

Neighborhood:

Historic Filipinotown
Features:

Dog Park, Hiking, Urban
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Assigned, Driveway
Parking Spaces:

7.00
Uncovered Spaces:

7.00

Extra Units

Average 1 Bed Area:

589

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
2/5/25 Feb 5, 2025	Relisted	CRMLS_CA	$1,900,000
12/2/24 Dec 2, 2024	Pending	CRMLS_CA
11/6/24 Nov 6, 2024	Sold Subject To Contingencies	CRMLS_CA

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This multifamily located in Central LA, Los Angeles, CA 90026 is currently for sale for $1,900,000. 316 N Coronado Street is a – square foot multifamily with – beds and – baths that has been on Estately for 17 days. 316 N Coronado Street is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 87, making it very walkable. This multifamily is in the attendance area of Ramon C Cortines School Of Visual And Performing Arts, Virgil Middle School, Miguel Contreras Learning Complex - School Of Social Justice, Belmont Senior High School, Rosemont Avenue Elementary School, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Miguel Contreras Learning Complex - Business And Tourism, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Edward R. Roybal Learning Center, and Lake Street Primary School.

Listing Courtesy of: CRMLS_CA and Lee & Associates Los Angeles. Based on information from California Regional Multiple Listing Service, Inc. as of 22:26 on Feb 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.