627 Coronado Ter | Los Angeles, CA 90026
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627 Coronado Ter
Los Angeles, CA 90026
Multifamily Property For Sale
·
20 Units
Investment Highlights
- Low $160k/Door 10.15 GRM with great unit mix with a surplus of parking in Echo Park!!
- Coveted Echo Park location
- Great price per unit
- Great Unit Mix: 11 (2+1); 9 (1+1)
- Exceptional value-add opportunity with 74% rental upside potential
- Parking: 20 parking spaces for 26 cars (14 covered individual spaces; 6 semi-covered tandem)
Property Facts
| No. Units | 20 | Building Size | 11,884 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.68/1,000 SF |
| Lot Size | 0.30 AC | ||
| Zoning | R3-1 - Multiple Dwelling Zone | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 11,884 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 1.68/1,000 SF |
| Zoning | R3-1 - Multiple Dwelling Zone |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 11 | - | 675 |
| 1+1 | 9 | - | 475 |
Property Taxes
| Parcel Number | 5402-022-023 | Improvements Assessment | $757,161 |
| Land Assessment | $2,187,365 | Total Assessment | $2,944,526 |
Property Taxes
Parcel Number
5402-022-023
Land Assessment
$2,187,365
Improvements Assessment
$757,161
Total Assessment
$2,944,526
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