413 N Coronado Street

    Los Angeles (City), CA 90026
    • $1,750,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: 18357748
    $1,750,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,382
      SQFT
    • $399
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Having been fully rebuilt from the studs in 2017, the subject property offers residents luxury finishes with tasteful modern touches. The large two-bedroom units include renovations of all new plumbing throughout, all new electrical systems, new hardwood floors, new air conditioning and heating units, private washer and dryers in each unit and stainless steel appliances. In addition to units being separately metered for gas electric utilities, the ownership has installed RUBS system for the water meter, further reducing landlord expenses of ownership. The improvements are gated and provide five on-site parking spaces. Echo Park has made a name for its self as Los Angeles' newest hot spot. Sectioned between Downtown Los Angeles and Silver Lake, Echo Park holds its own personal charm that combines both history and modern culture. Located just a few short blocks away from Sunset Boulevard, the property is conveniently located near some of Echo Parks most notable bars and restaurants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T00:29:00.423. 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.
    www.playavistaliving.com/homes/84909332

    413 N Coronado Street Los Angeles (City), CA 90026

    • Price: $1,750,000
    • Status: Active
    • ID#: 18357748
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,382
    SQFT
    $399
    $/SQFT
    1924
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    Having been fully rebuilt from the studs in 2017, the subject property offers residents luxury finishes with tasteful modern touches. The large two-bedroom units include renovations of all new plumbing throughout, all new electrical systems, new hardwood floors, new air conditioning and heating units, private washer and dryers in each unit and stainless steel appliances. In addition to units being separately metered for gas electric utilities, the ownership has installed RUBS system for the water meter, further reducing landlord expenses of ownership. The improvements are gated and provide five on-site parking spaces. Echo Park has made a name for its self as Los Angeles' newest hot spot. Sectioned between Downtown Los Angeles and Silver Lake, Echo Park holds its own personal charm that combines both history and modern culture. Located just a few short blocks away from Sunset Boulevard, the property is conveniently located near some of Echo Parks most notable bars and restaurants.
    Exterior Features

    Carport Spaces 5.00 Lot Size Source Appraiser Lot Size Units Square Feet Parking Features Uncovered Parking Total 5.00 Parking YN Yes

    Interior Features

    Cooling Wall Window Cooling YN Yes Laundry Features Washer Included

    Property Features

    Cap Rate 4.75 Gross Multiplier 14.50 Gross Operating Income 117040.00 Improvements Amount 255000 Land Value 600000 Laundry YN Yes Net Operating Income 83207.00 Special Listing Conditions Standard Tax Year 2018 Taxes Percent 1.19 Total Actual Rent 120660.00 Total Expenses 33824.00 Zoning R3-1Vl

    Listing provided courtesy of Neema Ahadian of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T00:29:00.423. 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.
     
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