406 S Coronado Street, Los Angeles, CA 90057

Local realty services provided by:Better Homes and Gardens Real Estate Town Center
406 S Coronado Street,Los Angeles, CA 90057
$2,295,000
  • 12 Beds
  • 13 Baths
  • 6,250 sq. ft.
  • Multi-family
  • Active
Listed by:taylor avakian
Office:lyon stahl investment real estate, inc.
MLS#:25512303
Source:CRMLS

Price summary

  • Price:$2,295,000
  • Price per sq. ft.:$367.2

About this home

Key Property Details Location: 406 S Coronado St, Los Angeles, CA 90057 Lot Size: 7,732 square feet Total Building Area: 6,250 square feet Units: 13 (12 one-bedroom units, 1 studio)Construction: Spanish-style architecture with modernized interiors Year Built: 1922 Zoning: LAR4 (Multifamily with potential for additional ADUs) 406 S Coronado St offers an attractive combination of stable rental income and long-term appreciation potential. The property is currently delivering a 6.08% cap rate, with the ability to achieve 9.87% by optimizing rental rates and capitalizing on Westlake's strong rental market.The unit interiors have been updated with modern kitchens, stainless steel appliances, and wood-inspired flooring, making it a turnkey investment with additional upside. Investors can further enhance returns by leasing the currently vacant unit at market rate and leveraging the ability to construct up to 8 ADUs under AB 1211.With a favorable price per unit and strong occupancy rates, this

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Home facts

  • Year built:1922
  • Listing ID #:25512303
  • Added:207 day(s) ago
  • Updated:September 26, 2025 at 10:46 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:13
  • Living area:6,250 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1922
  • Building area:6,250 sq. ft.
  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$2,295,000
  • Price per sq. ft.:$367.2
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