150 North Coronado Street

Los Angeles, CA 90026

$1,699,000
Price
4
Beds
6
Baths
4,803 Sq. Ft.
$354 / Sq. Ft.
4,803
Sq. Ft.
$354
per Sq. Ft.

Description

Incredible Investment opportunity to own a lovely 5-unit complex + 2 non-conforming units situated in a great area of Echo Park. This property boasts a spacious four-bedroom craftsman house (2,283) and four spacious, renovated studio's (2,520). The garage and basement of the Single Family home has been converted to into 2 non-conforming Bachelor units. The property offers a LARD5 lot for future potential development, a coin-operated laundry space, separate meters for both gas and electric, copper...Incredible Investment opportunity to own a lovely 5-unit complex + 2 non-conforming units situated in a great area of Echo Park. This property boasts a spacious four-bedroom craftsman house (2,283) and four spacious, renovated studio's (2,520). The garage and basement of the Single Family home has been converted to into 2 non-conforming Bachelor units. The property offers a LARD5 lot for future potential development, a coin-operated laundry space, separate meters for both gas and electric, copper plumbing, updated electrical system, tankless water heater, and newer roof. Property has been well maintained by current owners. LA Metro station close by and 101 Freeway is a short distance. Buyer to verify square footage. Consider this a good cash-flowing asset.
  1. Listed by Matthew Jaime • DRE #01192386 • Brokerage DRE #01414087 • REO Modern Realty Corp.

Property Details for 150 North Coronado Street

Zoning
LARD5
Cross Streets
Coronado St. / Council St.
Parcel Number
5157009011
Total Units
5.0
Living Area
4803
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
1
LISTING UPDATED: 11/26/2024 12:01 AM

Property Details for 150 North Coronado Street

StatusActive
MLS #24-459677
Days on Market33
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.14 AC / 5,998 SF
CountyLos Angeles County

Building Information for 150 North Coronado Street

Stories2Residences-Year Built1924Building Size-Lot Size0.14 AC / 5,998 SF

Property Information for 150 North Coronado Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: SFR & Studio
  • Security Features: Gated
  • Direction Faces: West
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $146,760
  • Net Operating Income: $148,500.00
  • Gross Income: $146,760
  • Gross Rent Multiplier: $10.81
  • Other Income1: $10,280.00
  • Garage Income: $1,900
  • Laundry Income: $50
  • Total Annual Expense: 8700
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1377
  • Lot Size Square Feet: 5998
Parking Details
Parking Details
  • Parking Garage: Driveway, On street
  • Total Parking: 2
  • Parking Features: Driveway, Street
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Window Unit(s)
  • Heating: Wall Furnace, Floor Furnace
  • Heating Type: Wall, Floor Furnace
  • Equipment: Cable, Ceiling Fan, Garbage Disposal, Water Line to Refrigerator
  • Interior Features: Ceiling Fan(s)
  • Laundry: Laundry Area, Outside
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-19-2024
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,650.00
  • Unit Actual Rent: $4,650.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,200.00
  • Unit Actual Rent: $1,200.00
  • Unit Projected Rent: $1,650.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,480.00
  • Unit Actual Rent: $1,480.00
  • Unit Projected Rent: $1,650.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,300.00
  • Unit Actual Rent: $1,300.00
  • Unit Projected Rent: $1,650.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,650.00
  • Like Units: 5
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $280,259.00
  • Assessed Improvement Percent: 62.0
  • Assessed Land Value: $171,766.00
  • Assessed Land Percent: 38
  • Assessed Total Value: $452,025.00

Property History for 150 North Coronado Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 150 North Coronado Street

Taxable ValueLand$175,201Additions$285,864Total$461,065
Tax Record2024$6,501 ($542 / month)
Home Facts
Total Finished SqFt4,803 SqFtAbove Grade Finished SqFt4,803 SqFtLot Size5,996 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningLARD5CountyLOS ANGELESAPN5157-009-011

Schools near 150 North Coronado Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lake Street Primary School
PublicK to 1

Rosemont Avenue Elementary School
Public2 to 5

Virgil Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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150 North Coronado Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on November 18, 2024 by REO Modern Realty Corp., it's currently listed at $1,699,000. It has been on the market for a total of 33 days and was last sold on March 20, 1998. This listing's school district is Los Angeles Unified School District. Nearby schools include Lake Street Primary School, Rosemont Avenue Elementary School and Virgil Middle School. 150 North Coronado Street is a 4-bed, 6-bath, 4,803 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REO Modern Realty Corp., Matthew Jaime, DRE #01192386

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.