CA > Los Angeles
Los Angeles, CA 90026,216 N Coronado ST
Los Angeles, CA 90026,216 N Coronado ST
Los Angeles, CA 90026,216 N Coronado ST
Los Angeles, CA 90026,216 N Coronado ST
Los Angeles, CA 90026,216 N Coronado ST
Los Angeles, CA 90026,216 N Coronado ST
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Pathway Team Real Estate

Pathway Team Real Estate

+1(858) 255-7876
$ 3,295,000
Est. payment | /mo

12 Beds

17 Baths

6,025 SqFt

Save
$ 3,295,000
Est. payment | /mo
Save

12 Beds

17 Baths

6,025 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,025 sqft

Price per Sqft $546

MLS Listing ID 25544445

Bedrooms 12

HOA Y/N No

Year Built 2023

Lot Size 6,002 Sqft

Lot Dimensions Assessor

Property Description

216 N. Coronado St is a stunning, newly constructed four-unit residential building complemented by a charming ADU, totaling five units in a highly sought- after location adjacent to Echo Park, Rampart Village, and Silver Lake. Built in 2024, this modern masterpiece spans approximately 6,025 sq ft on a 6,000 sq ft lot zoned LARD 1.5. The Coronado Residences boasts an exceptional unit mix, featuring four spacious 3-bedroom, 3.5-bath units, each finished with ultra-luxurious materials, luxury flooring, washer/dryers, glossy cabinetry, state-of-the-art appliances, and contemporary bathrooms. All three-bedroom units enjoy private roof decks, perfect for entertaining and outdoor living. One of the 3 BR units is leased for $4,300 a month the other units including the ADU are currently being leased out as short-term rentals. The total gross income of $233,940 is with a projected rental income when all units including the ADU are rented at what we believe are market rents. 216 N. Coronado St. presents a rare opportunity to acquire a brand-new, high-end multifamily investment in a high-demand rental neighborhood, offering excellent potential for steady cash flow and appreciation.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator

Exterior

Parking Features Uncovered

Total Parking Spaces 6

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5157008004

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Errol Spiro • Miller & Desatnik Realty Co.
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216 N Coronado ST