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210 S Coronado St, Los Angeles, CA 90057

$2,750,000

  • For Sale
  • Active
  • Multi-Family
210 S Coronado St, Los Angeles, CA 90057 View this property at 210 S Coronado St, Los Angeles, CA 90057
210 S Coronado St Los Angeles CA 90057

Property Description

The Coronado Apartments is a non-rent controlled apartment building consisting of nine, one-bedroom with one-bathroom units and one, two-bedroom with one-bathroom unit. The property contains secured open parking accessed through a rear alley. All of the rents are below market providing immediate upside to potential buyers. Being exempt from rent control, there is an enormous re-positioning opportunity to add value to the property by cosmetic upgrades to not only the exterior of the property but the actual apartments. A face lift to the property is long overdue and would vastly change the overall appearance to this high visibility property. Some units have been lightly renovated, but there is a massive opportunity to fully-renovate
vacancies to achieve drastically higher lease rates. In addition, there are three parking spaces that are not being utilized that previously were leased, providing another revenue source for a new owner.

Full Property Details for 210 S Coronado St

  • Price: $2,750,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 17-271864
  • Updated: 9/21/2017
  • Added: 65 day(s) ago

Property History

  • 210 S Coronado St, Los Angeles, CA
  • Listed at $2,750,000 on 9/19/17

Interior

  • Interior Features: Other

Parking

  • Parking Type: Other

Location

  • Area: Downtown L.A. (C42)
  • County: Los Angeles
  • Development Name: Downtown L.A. (C42)
  • Driving Directions: Exit 6th St from 110 North and head West.

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other

Structural Information

  • # Buildings: 1
  • Square Feet: 5,700
  • Year Built: 1979

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Sq. Ft.): 9,503
  • Lot Size Source: Public Records

Financial Considerations

  • Price Per Sq. Ft.: $482.46

Disclosures and Reports

  • Legal Disclosures: Take Property As Is

Listed by Berkadia, Brent Sprenkle - CA DRE: 01290116

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Estimate the Cost

210 S Coronado St will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

210 S Coronado St, Los Angeles, CA 90057 (MLS# 17-271864) is a Multi-Family property with 10 units containing 0 bedrooms and 0 full bathrooms. 210 S Coronado St is currently listed for $2,750,000 and was received on September 19, 2017. Want to learn more about 210 S Coronado St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

Listed by Berkadia, Brent Sprenkle - CA DRE: 01290116