Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

2,340 sqft

Lot size

5,279 sqft

Year built

1922

Stories

0

Status

Active

Days on market

144

MLS #

236655481

About this property

MORE is pleased to present 314-316 S Coronado St, Los Angeles, CA 90057. Prime location for all owner-occupants, investors, and developers. Two-story duplex on over 5,277 SF lot in the heart of Westlake. Huge value-add opportunity upside in rents. Upside redevelopment potential State Enterprise Zone and TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (R3-1 zoning). Exceptional two-story duplex featuring hardwood floors, spacious living rooms, and a private entrance. Ample parking. Prime location near major transit stops, highways (I-10, I-110 & U.S. Route 101), shopping centers, entertainment, and nightlife. Just a mile east of Koreatown, two miles west of Downtown Los Angeles, and five miles south of Hollywood. The subject property consists of total two (2) units totaling 2,340 SF on a sizable 5,277 SF lot. Mix of total two (2) 2beds/2baths unit. The two-story duplex property to be sold "as-is" and can be delivered fully vacant. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.

Location

314 S Coronado Street

Los Angeles, Los Angeles, CA, 90057