Map of Property

413 -419 -431 Coronado Terrace

413 -419 -431 Coronado Terrace, Los Angeles, CA 90026

  • For Sale $4,350,000
  • Property Type Multi-Family
  • Property Size 20,572 SF
  • Units 24
  • Lot Size 0.55 Acre
  • Zoning LAR3
  • Additional Rent Contact for pricing
  • Date Updated Sep 24, 2024

24-unit portfolio in Echo Park!

We are pleased to present a 24-unit multifamily portfolio 

consisting of three 8-unit buildings (individual APNs) in Echo 

Park, all situated on the same street at 413, 419 and 431 

Coronado Park Terrace. This opportunity is located just south 

of the 101 freeway with quick access to the 110 freeway and 

in close proximity to Echo Park Lake, Downtown Los Angeles, 

Dodger Stadium, Chinatown, the Convention Center, USC 

Coliseum, offering tenants convenience to numerous nearby 

amenities.

This opportunity currently operates at a collective 10.30 GRM 

on current rents and a 5.89% CAP, with rental upside potential 

to a 6.28 GRM and a 11.61% CAP on pro-forma rents.

The buildings consist of 17 one-bedroom units, 5 two-bedroom 

units, and 2 three-bedroom units, with 3 units delivered 

VACANT. The tenants pay for gas, electric, and trash, and the 

landlord pays for water.

Priced at only $211/sf and $181,250/unit with 60+% rental upside, 

the offering is well positioned for a value-add investor seeking 

to drive returns, or a local operator looking to increase their 

holdings within a desirable submarket. 

Each of the three properties were built in 1925, 1925, and 1927 

respectively, and feature a total 14+ uncovered parking spaces 

in the rear with alley access. 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Casey Lins Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    88/100 Very Walkable

  • Transit Score ®

    65/100 Good Transit

  • Bike Score ®

    64/100 Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Westlake
  • Zip Code 90026
  • Market Los Angeles

Points of Interest

  • Vermont/Beverly

    1.03 miles

  • Westlake/MacArthur Park

    1.12 miles

  • Wilshire/Vermont

    1.17 miles

  • Vermont/Santa Monica South Entrance

    1.49 miles

  • Vermont/Santa Monica North Entrance

    1.57 miles

  • 7th Street/Metro Center

    1.92 miles

  • Vermont/Sunset Entrance

    2.01 miles

  • Pershing Square

    2.07 miles

  • Pico

    2.29 miles

  • Chinatown

    2.31 miles

  • Arco

    0.40 miles

  • Shell

    0.44 miles

  • Mobil

    0.46 miles

  • Chevron

    0.51 miles

  • 76

    0.76 miles

  • Chevron

    1.01 miles

  • 76

    1.03 miles

  • United Oil

    1.19 miles

  • Sinclair

    1.27 miles

  • Sinclair Dino Mart

    1.27 miles

  • Metro Kiss and Ride

    1.13 miles

  • Faculty Parking

    1.14 miles

  • LACC Parking Lot 2

    1.22 miles

  • LACC Parking Lot 1

    1.26 miles

  • Vermont & WIlshire Parking Lot -LADOT Facility No. 691

    1.30 miles

  • FM Parking Lot

    1.30 miles

  • MO Parking Lot

    1.33 miles

  • Braille Institute Parking Lot

    1.34 miles

  • LACC Lot 3 & 4

    1.41 miles

  • HC Parking

    1.43 miles

  • Hollywood Inn Express South

    0.45 miles

  • Comfort Inn Los Angeles Near Hollywood

    0.60 miles

  • Olive Motel

    0.64 miles

  • Silver Lake Hotel

    0.64 miles

  • Central Lake Hotel

    0.81 miles

  • Park Plaza Hotel

    0.88 miles

  • ROOM AND BOARDING

    0.90 miles

  • Koryu

    1.03 miles

  • Avenue Hotel, Ascend Hotel Collection

    1.05 miles

  • Knights Inn Los Angeles

    1.27 miles

  • Doubting Thomas

    0.10 miles

  • Original Tommy's Hamburgers

    0.27 miles

  • Taco Bell

    0.29 miles

  • McDonald's

    0.40 miles

  • El Pollo Loco

    0.44 miles

  • RTR Express

    0.47 miles

  • El Caserio

    0.47 miles

  • El Burrito Panzon

    0.49 miles

  • Mae Ploy Restaurant

    0.54 miles

  • Sib Song

    0.56 miles

  • Rosemont Elementary School

    0.26 miles

  • Rosemont Elementary School

    0.29 miles

  • Queen of Angels School of Nursing

    0.31 miles

  • Our Lady of Loretto High School

    0.39 miles

  • Bellevue Avenue Primary Center

    0.55 miles

  • Camino Nuevo Charter Academy No. 4

    0.57 miles

  • Precious Blood School

    0.60 miles

  • Commonwealth Elementary School

    0.71 miles

  • Our Lady of Loretto School (former)

    0.75 miles

  • Union Elementary School

    0.79 miles

  • Komitas

    2.03 miles

  • Neighborhood Nursery School

    2.21 miles

  • Vine Street Early Education Center

    3.23 miles

  • HIC Daycare

    3.38 miles

  • Gates Early Education Center

    3.99 miles

  • Ralph M. Parsons Preschool

    4.33 miles

  • Vernon Adult Day Program

    5.39 miles

  • Disney Day Care

    6.14 miles

  • Play Mountain Place

    6.47 miles

  • Valentina's Preschool

    6.54 miles

Frequently Asked Questions

How much does 413 -419 -431 Coronado Terrace cost?

The space currently listed for sale at 413 -419 -431 Coronado Terrace asks for $4,350,000.

What is the total square footage of 413 -419 -431 Coronado Terrace?

413 -419 -431 Coronado Terrace totals 20,572 square feet.

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Contact Listing Broker

broker

Casey Lins Is this you?

Kidder Mathews