$ 1,950,000
-
$1,950,000
Price -
5
Bed -
4
Bath -
3,664
SqFt -
0.16
Acre
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About the Listing CLW-X74054 - CLW-C126012
Exceptional 6.3% CAP RATE in the heart of Silver Lake! 1135 Coronado St presents a beautifully maintained 4-unit property combining timeless Spanish-style architecture with strong in-place income in one of Los Angeles' most desirable rental markets. The property features two (2) 2-bedroom, 2-bathroom units, one (1) 2-bedroom, 1-bathroom unit, and one (1) 1-bedroom, 1-bathroom unit. Each spacious, light-filled residence offers privacy and comfort, with its own exclusive outdoor area providing a private-home feel rarely found in multifamily properties. Currently generating approximately $13,100 per month in gross rental income and offered at an attractive 6.3% cap rate, the property provides investors with strong in-place cash flow from day one. The serene, tree-lined backyard provides tenants with additional outdoor space for relaxing, gardening, and entertaining. Ideally located near some of Silver Lake and Echo Park's most popular destinations, including Canyon Coffee, Bacari, Bacetti, The Reservoir, and Echo Park Lake, with convenient access to the 101 Freeway and surrounding neighborhoods. An excellent opportunity to acquire a high-cash-flow multifamily asset in one of LA's most sought-after locations. Seller intends to perform an IRS Section 1031 tax-deferred exchange and requests buyer cooperation. Please do not disturb tenants; contact listing agent for additional information.
Listing Highlights for 1135 N Coronado St
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central,Wall Furnace
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: LARD1.5
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5402016020
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
1135 N Coronado St Los Angeles, CA 90026
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