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624 N Coronado Street, Los Angeles, CA

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624 N Coronado Street

Los Angeles, CA 90026-3911 - Silver Lake MF Submarket

Property Type:Multi-Family Number of Units:5 Status:Existing Year Built:-
Stories:2 Building Size:2,926 SF Land Area:.16 AC (6,778 SF)
For Sale Price:$1,699,000 Price/Unit:$339,800.00 Cap Rate:5.40 % GRM:-

Parking:2.05 Parking Spaces / 1,000 SF

Sale Notes:
Here is an amazing 5 unit in a great Echo Park location to add to your portfolio. Or, if you were looking for the perfect 'owner-user' scenario, this just may be it. It has a detached 800 sq ft 2 bed 1 bath being delivered vacant in the rear that would be perfect for an owner to live in. It also has its own two car garage. This one still needs renovating. However, the other four 1 bed units are fully renovated, complete with in-unit laundry, central heat and air and brand new appliances. One of these is already rented at full market rate - $2100/mo. Two of the other three will be delivered vacant, and possibly all three will! There is also parking for each of the 1 bed units. Easy to show. There are still tenants in the rear 2 bedroom unit but they will be out in 45 days. There is still a tenant in one of the 1 bedrooms, but she will most likely be out within 1-2 mos. The two upstairs units in the front building are vacant and can be shown. You can go direct. Call office for combo.

Echo Park

Silverwood Properties, Inc.
Ken Shapiro
(213) 250-4404

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