Los Angeles, CA 90026,216 N Coronado St
Los Angeles, CA 90026,216 N Coronado St
Los Angeles, CA 90026,216 N Coronado St
15
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$3,295,000
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12 Beds
17 Baths
6,025 SqFt
Active

216 N Coronado St Los Angeles, CA 90026

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Key Details

Property Type Multi-Family

Sub 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

Year Built 2023

Lot Size 6,002 Sqft

Acres 0.1378

Property Sub-Type Multi-Family

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 Silver Lake - Echo Park

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dishwasher, Electric Dryer Hookup, Microwave, Refrigerator

Exterior

Parking Features Uncovered

Garage Spaces 6.0

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Miller & Desatnik Realty Co.

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agent

Herman Singh

Broker

+1(718) 679-7822

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216 N Coronado St