130 S Coronado Street, Los Angeles, CA 90057
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Sold Price :
$2,200,000
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Beds :
4
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Baths :
21
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Property Size :
12,472 sqft
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Year Built :
1926
Property Description
We are pleased to present for sale, Coronado Apartments, a 21-unit property located in the Westlake / Mac Arthur Park submarket of Los Angeles. Built in 1926 of reinforced brick, the unit mix consists of one bachelor, sixteen studios and four 1 bedroom/1 bath units across +/- 12,472 square feet of improvements. The property is listed at attractive metrics of $114,286 per unit, $193 per square foot, 6.29% cap rate on current rents and a 8.6 GRM. Additionally, the building has significant upside in rents to proforma of a 8.48% cap rate and a 7.03 GRM. Coronado Apartments is located east of Rampart Blvd and south on Beverly Blvd, on a quiet block with a number of single-family homes. The property is individually metered for both gas and electric and features four single parking spaces.
Interior Features
Bedroom Information |
Bedrooms |
4 |
Bathroom Information |
Bathrooms |
21 |
Listing Information
Address |
130 S Coronado Street |
City |
Los Angeles |
State |
CA |
Zip |
90057 |
County |
Los Angeles |
Listing Agent |
Adam Zunder DRE #01821053 |
Courtesy Of |
Iconic Investments |
Close Price |
$2,200,000 |
Status |
Closed |
Type |
Residential Income |
Structure Size |
12,472 |
Lot Size |
8,653 |
Year Built |
1926 |
Listing information courtesy of: Adam Zunder, Iconic Investments. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 23rd, 2024 at 6:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.