407 South Coronado Street, Los Angeles, CA 90057

$1,850,000 Approx. USD 7 beds, 7 baths
3,594 sqft

Agent Remarks

Lovely well maintained 6 plex comprising of 2-Studios, 3-1 Br. and 1 2 story 2 BR. w/ 2 full baths. Two units have working fireplaces. Set in a courtyard setting with a mature magnolia tree and rose garden. Private entries that resembles small cottages. Four units have been fully rehabbed. The property is located at the eastern edge of Korea town and south of Silverlake and Echo Park. This neighborhood is currently experiencing aggressive development including the construction of several luxury residential buildings just a few blocks away. Remarkable upside potentials in upside rents. Sold separately or together with a 5 units right next door. Four units across the street are also for sale. Excellent redevelopment opportunity to construct a new residential project. The property is in the heart of the Westlake Recovery Redevelopment Project Area. Please check with the City to verify new projects requirements

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 16-138294
List price is $1,850,000 Reduced by $100,000 on 7/22/2016
Beds: 7
Baths: 7
Built in 1920
3,594 sqft
2 Story stories
County: Los Angeles
Zoning: LAR3
Parking type: Parking Space,Garage - Two Door (N)
Exterior features: Stucco
Appliances: Refrigerator
Parking description: Uncovered
Heating description: Wall Gas
MLS area: Downtown L.A. (C42)

Last Updated: 8/16/2016

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This listing belongs to the Downtown L.A. (C42) MLS area

The listing is zoned LAR3.
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Lat/Long: 34.064297, -118.279198.
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Broker: Courtesy of Viviana Manino
Listing Agent: Viviana Manino

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