316 N Coronado St
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316 N Coronado St
8 Unit Apartment Building Offered at $1,900,000 at a 9.14% Cap Rate in Los Angeles, CA 90026
Investment Highlights
- Eight (8) Units, Two (2) Bedrooms, One (1) Bath Each
- Great Central Sought-After Location Near Echo Park and Echo Park Lake
- 4 or 5 Units Will Be Delivered Vacant and Can Be Rented at Market Rates
- Seven (7) Parking Spaces
Property Facts
| Price | $1,900,000 | Property Type | Multifamily |
| Price Per Unit | $237,500 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 4,714 SF |
| Cap Rate | 9.14% | No. Stories | 2 |
| Gross Rent Multiplier | 7.92 | Year Built | 1958 |
| No. Units | 8 | Parking Ratio | 1.48/1,000 SF |
| Price | $1,900,000 |
| Price Per Unit | $237,500 |
| Sale Type | Investment |
| Cap Rate | 9.14% |
| Gross Rent Multiplier | 7.92 |
| No. Units | 8 |
| Property Type | Multifamily |
| Lot Size | 0.15 AC |
| Building Size | 4,714 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.48/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | - |
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Walk Score ®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 5157-006-009 | Improvements Assessment | $121,358 |
| Land Assessment | $42,038 | Total Assessment | $163,396 |
PROPERTY TAXES
Parcel Number
5157-006-009
Land Assessment
$42,038
Improvements Assessment
$121,358
Total Assessment
$163,396
zoning
| Zoning Code | LA R3 |
| LA R3 |
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316 N Coronado St
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