1135 N Coronado St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,664 sqft
Price per Sqft $573
MLS Listing ID 25-489535
Bedrooms 6
Year Built 1921
Lot Size 7,184 Sqft
Acres 0.1649
Property Sub-Type Multi-Family
Property Description
Nestled in the vibrant heart of Silver Lake, 1135 Coronado St offers a beautifully maintained 4-plex that combines timeless Spanish-style architecture with modern urban living. This property features four spacious, light-filled units, each designed for privacy and comfort, with ample space that feels like a private home. Every unit comes with its own exclusive outdoor area, ideal for relaxing or entertaining. The property includes two (2) 2-bedroom, 2-bathroom units, one (1) 2-bedroom, 1-bathroom unit, and one (1) 1-bedroom, 1-bathroom unit, making it a fantastic opportunity for both owner-users and investors. Live in one unit and rent out the others, or add this gem to your investment portfolio. Currently, the property generates a steady income of $12,160/month & 5.32% Cap Rate, providing reliable cash flow for an owner. The serene, tree-lined backyard offers tenants a tranquil retreat, perfect for morning coffee, gardening, or hosting weekend gatherings. Located just steps away from Silver Lake's most favorite spots, including Canyon Coffee, Bacari, Bacetti, The Reservoir, and Echo Park Lake. Furthermore, the property is ideally situated near the 101 Freeway and other transportation options. Don't miss out on this rare opportunity to own a piece of one of LA's most sought-after neighborhoods! Please note, the seller intends to perform an IRS Section 1031 tax-deferred exchange and requests the buyer's cooperation. Please do not disturb current tenants; contact the listing agent for further details!
Location
State CA
County Los Angeles
Area Silver Lake - Echo Park
Zoning LARD1.5
Rooms
Other Rooms Other
Interior
Heating Central, Wall
Cooling Wall Unit(s), Central
Equipment Other
Exterior
Parking Features Driveway
Garage Spaces 8.0
Building
Level or Stories Two
Others
Special Listing Condition Standard