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Selling California One Yard At A Time
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Jacki Lowe and Tim Comstock
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Selling California One Yard At A Time
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Selling California One Yard At A Time
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422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057

$1,149,000

422 S Coronado Street, Los Angeles, CA, 90057

15
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
Courtesy of: William James 01734419 | James Capital Advisors, Inc.
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057
422 S Coronado Street, Los Angeles, CA, 90057

Information

Purchase Type: Sale
MLS ID: 21715022
Price: $1,149,000
Days On Market: 17
Year Build: 1953
Lot size: 0.1

Details

Status: Active
Property Type: Residential Income
New Construction: No
Swimming Pool: No
Address: 422 S Coronado Street
Country: US
County: Los Angeles
City: Los Angeles
Neighborhood: C42 - Downtown L.a.
Zip: 90057
State: California

Taxes

Property Taxes: $0
Assessment: $0

Description

Delivered with One Vacancy - Property will be delivered with one vacant 1 bed / 1 bath unit. The unit is rent ready, however a new investor may wish to renovate the unit further to achieve a higher rent.Low Price Point Multifamily Investment - This investment offers the opportunity to participate in a core Los Angeles multifamily investment with limited investment dollars. This is one of the lowest priced 4-plex on the market in the Westlake submarket.Upside in Rents - Market rents are approximately $1600/mo for one-bedrooms in the neighborhood. There is approximately 25% upside in the current rents.Additional Dwelling Unit (ADU) - Buyer to investigate the possibility of building an additional dwelling unit (ADU)at the rear of the property.Residential Financing Available - Due to this being less than five units, a new buyer may qualify for attractive residential financing.Parking - There are three garages located on-site. With the driveway, these can be tandem parking spaces. Currently one garages is used as communal laundry for the tenants.Well-Maintained - The major systems at the property have been very well maintained throughout the current ownership. Very little deferred maintenance.Unit Mix - The property consists of four legal 1 Bed / 1 Bath units. Each unit is amply spaced with good floor plans.

Map

Map

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