MLS® ID: 18318972

407 S CORONADO Street

Los Angeles, California, 90057

$1,498,000 Active
  • - SQFT
Rare opportunity to own in one of the hottest rental market in Los Angeles. This 6 unit property consist of a 2BR, 3 - 1BR, and 2 Studio apartments with 5 off street parking spaces. Four out of six units have already been remodeled. The building is Spanish style with a courtyard setting. It is lushly landscaped with automatic sprinklers and is truly an quiet, private oasis in the middle of the city. The property is well maintained with no deferred maintenance and the tenants have high ficos scores with excellent income. Each unit is individually metered for gas and electric and the operating expenses are very low, and easy to manage. It recently pasted SCE on the initial inspection. The neighborhood is located adjacent to Silverlake, Koreatown, and DTLA where there is tremendous new developments under construction including a luxury apartment building with first floor commercial space 2 blocks away on Wilshire Blvd. Urban Target store only 3 block s away.** Price is FIRM**
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Listing courtesy of Viviana Manino~Milazo, Inc.

Amenities

  • Zip
    90057
  • Office name
    Viviana Manino~Milazo, Inc.
  • Property type
    Multi-Family
  • Zoning type
    LAR3
  • Year built
    1920
  • Lot size
    6660
  • Agent name
    Viviana Manino
  • Purchase Type
    Active
  • Price Range
    $1.25m-$1.5m
  • Area
    C42 - Downtown L.A.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    CLW-X81264
  • Agent ID
    CLW-X99801

Location

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