314 South Coronado Street

Los Angeles, CA 90057

$1,350,000
Price
4
Beds
4
Baths
2,340 Sq. Ft.
$577 / Sq. Ft.
2,340
Sq. Ft.
$577
per Sq. Ft.

Description

MUTOOF is pleased to present 316 S Coronado St, Los Angeles, CA 90057. Prime location for all owner-occupants, investors, and developers. Two-story duplex with ADU on over 5,277 SF lot in the heart of Westlake. Huge value-add opportunity upside in rents. Upside redevelopment potential State Enterprise Zone and TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (R3-1 zoning). Exceptional two-story duplex featuring hardwood floors, spacious living rooms, and...MUTOOF is pleased to present 316 S Coronado St, Los Angeles, CA 90057. Prime location for all owner-occupants, investors, and developers. Two-story duplex with ADU on over 5,277 SF lot in the heart of Westlake. Huge value-add opportunity upside in rents. Upside redevelopment potential State Enterprise Zone and TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (R3-1 zoning). Exceptional two-story duplex featuring hardwood floors, spacious living rooms, and a private entrance. Ample parking. Prime location near major transit stops, highways (I-10, I-110 & U. S. Route 101), shopping centers, entertainment, and nightlife. Just a mile east of Koreatown, two miles west of Downtown Los Angeles, and five miles south of Hollywood. The subject property consists of total two (2) units with ADU totaling 2,340 SF on a sizable 5,277 SF lot. Mix of total two (2) 2beds/2baths unit and one (1) studio unit. The two-story duplex property to be sold "as-is" and can be delivered fully vacant. Do not disturb tenants. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
  1. Listed by John Ha • DRE #01983001 • Brokerage DRE #01983001 • MUTOOF®

Property Details for 314 South Coronado Street

Zoning
LAR3
Parcel Number
5155032010
Total Units
3.0
Living Area
2340
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
3
Lot Size Area
5279
LISTING UPDATED: 11/15/2024 10:49 AM

Property Details for 314 South Coronado Street

StatusActive
MLS #24-453485
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.12 AC / 5,279 SF
CountyLos Angeles County

Building Information for 314 South Coronado Street

Stories-Residences-Year Built1922Building Size-Lot Size0.12 AC / 5,279 SF

Property Information for 314 South Coronado Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: 3
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $82,109
  • Net Operating Income: $55,178.00
  • Gross Income: $84,648
  • Gross Rent Multiplier: $15.95
  • Total Annual Expense: 26931
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1212
  • Lot Size Square Feet: 5279
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 0
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-16-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,682.00
  • Unit Actual Rent: $2,682.00
  • Unit Projected Rent: $2,682.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,682.00
  • Unit Actual Rent: $2,682.00
  • Unit Projected Rent: $2,682.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,690.00
  • Unit Actual Rent: $1,690.00
  • Unit Projected Rent: $1,690.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $360,901.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $842,106.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $1,203,007.00

Property History for 314 South 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 314 South Coronado Street

Taxable ValueLand$858,948Additions$368,119Total$1,227,067
Tax Record2024$15,071 ($1,256 / month)
Home Facts
Total Finished SqFt2,340 SqFtAbove Grade Finished SqFt2,340 SqFtLot Size5,277 SqFtStyleDuplexYear Built1922ZoningLAR3CountyLOS ANGELESAPN5155-032-010

Schools near 314 South Coronado Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - 1 to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Charles White Elementary School
Public1 to 5

John H. Liechty Middle School
Public6 to 8

Academic Leadership Community School
Public9 to 12

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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314 South Coronado Street is a multi-family home for sale in Los Angeles, CA 90057. This property was listed for sale on October 16, 2024 by MUTOOF®, it's currently listed at $1,350,000. It has been on the market for a total of 37 days and was last sold on June 22, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Charles White Elementary School, John H. Liechty Middle School and Contreras Learning Center-School Of Social Justice. 314 South Coronado Street is a 4-bed, 4-bath, 2,340 sqft multi-family home built in 1922.

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 MUTOOF®, John Ha, DRE #01983001

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.