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$ 3,400,000
Est. payment /mo
Active
216 N Coronado ST Los Angeles, CA 90026
6,002 Sqft Lot
UPDATED:
11/16/2024 01:28 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB24234741
Style Contemporary
Originating Board California Regional MLS
Year Built 2023
Lot Size 6,002 Sqft
Property Description
216 N Coronado St, a rare new construction fourplex + ADU that's walking distance to Echo Park Lake. This property is a true cash cow, actively thriving on the short-term rental market thanks to its modern design and ultra-trendy location near Echo Park and Silver Lake. Just moments away from popular destinations like Bloom & Plume Coffee, Tribal Cafe, and Target on Temple, it provides the perfect mix of convenience and style. With flexibility to be sold either with management in place for a seamless continuation on the short-term market or vacant, it's a turnkey, high-yield investment in an area with exceptional rental demand. In addition to this luxury project, the seller is open to selling the twin property next door. This adjacent property consists of four 3-bedroom, 3.5-bathroom units with value-add potential for one or two ADUs. Opportunity to own 9-units (with value add) on the same street does not come along often! The properties are available for purchase individually or as a package. Inquire for pricing. 216 N Coronado St features four 3-bedroom, 3.5-bathroom units and a 1-bedroom, 1-bathroom ADU, each designed with spacious, open floorplans and private outdoor spaces. The 3-bedroom units come with private rooftop decks, while the ADU offers its own private yard, mak
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Rooms
Kitchen Dishwasher, Microwave, Oven Range - Gas, Refrigerator, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Laundry In Closet, 30, Other, 9
Exterior
Parking Features Off-Street Parking, Other
Garage Spaces 8.0
Pool 31, None
View Local/Neighborhood, City Lights
Building
Lot Description Paved
Story Three or More Stories
Water District - Public
Architectural Style Contemporary
Others
Tax ID 5157008004
Special Listing Condition Not Applicable
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