407 S Coronado Street

  • Los Angeles

  • $1,498,000
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Residential Income Details

Description
Rare opportunity to own in one of the hottest rental market in Los Angeles. This 6 unit property consist of a 2BR, 3 - 1BR, and 2 Studio apartments with 5 off street parking spaces. Four out of six units have already been remodeled. The building is Spanish style with a courtyard setting. It is lushly landscaped with automatic sprinklers and is truly an quiet, private oasis in the middle of the city. The property is well maintained with no deferred maintenance and the tenants have high ficos scores with excellent income. Each unit is individually metered for gas and electric and the operating expenses are very low, and easy to manage. It recently pasted SCE on the initial inspection. The neighborhood is located adjacent to Silverlake, Koreatown, and DTLA where there is tremendous new developments under construction including a luxury apartment building with first floor commercial space 2 blocks away on Wilshire Blvd. Urban Target store only 3 block s away.** Price is FIRM**
Essential
MLS #18318972
Price$1,498,000
Number of Units6
Sale TypeStandard
StatusActive
Listing BrokerageViviana Manino
Listing AgentViviana Manino
Listing Agent BRE #01185718
Interior
AppliancesRefrigerator
CoolingNone
Exterior
ParkingDriveway - Concrete
Garage Spaces2
Community
AreaC42 - Downtown L.A.
Address407 S Coronado Street
CityLos Angeles
CountyLos Angeles
StateCA
ZipCode90057
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Sunday, May 27, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.