405-409 Coronado Terrace
Multifamily | 8 Units | $196,875/unit
Marketing description
KW COMMERCIAL presents 405– 409 CoronadoTerrace for sale in Historic Filipinotown, Los Angeles. This multifamily property includes eight units across a two-story building and a single-family house, totaling approximately ±5,709 sq. ft. on a ±10,336 sq. ft. lot.Builtin 1935, it offers convenient access to Downtown, Hollywood, and major freeways. Unlock the potential of this property that offers historic charm, attracting tenants seeking a unique living experience. With a strong rental market in the areas, this investment promises not only financial growth but also a chance to a be part of a thriving neighborhood. Two studio units are vacant. Ideal for owner-occupants ori nvestors, buyers can live in one unit and lease the others. ADU development opportunity. Long-term value for both investors and owner-users, providing stable income and long-term potential. Buyer to verify information.
Do not disturbthe tenants or walk onsite. Broker/Agent an dSeller make no guarantees as to accuracy.
Investment highlights
Property is zoned R3-1VL
Three, 2-car garages and 10 open parking
Close to 101 and 110 FWYs, Echo Park, Silverlake, Little Tokyo, Chinatown, Koreatown, Downtown Los Angeles (DTLA)and Hollywood
Great owner-occupant or investment opportunity and potential to add Accessory Dwelling Units (ADUs)
Easy access to services, shopping, restaurants, and markets, along Temple St., Sunset Blvd. and N Rampart Blvd.
Redevelopment opportunity, located in a State Enterprise Zone
2 Studio units are vacant
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