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$1,295,000
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Property Description
Prime RTI Development Opportunity in the heart of Los Angeles' rapidly evolving Westlake neighborhood. The property sits on a 5,593 sq ft lot and comes with RTI (Ready-To-Issue) plans for a 7-unit multifamily development, allowing investors to bypass lengthy entitlement timelines and move directly into construction. Unit mix is the following: 4 units being 2bed/1bath and 3 units being 2bed/2baths. Ideally located just minutes from Downtown LA, Silver Lake, and Echo Park, the property benefits from strong rental demand and proximity to major employment centers. Residents will enjoy easy access to Metro lines at Westlake/MacArthur Park. The area is rich with dining, shopping, and entertainment options, making it highly desirable for tenants. The existing structure offers flexibility for interim use while preparing for development. With approved plans in place, this is a rare chance to secure a centrally located asset with significant upside potential in one of LA's most active rental markets.
Full Property Details
Full Property Details for 284 S Coronado
General
- Price: $1,295,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: WS26065785
- Updated: 3/27/2026
- Days on Market: 8 days
- Added to Site: 8 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Up
- Fireplace: Yes
- Fireplace(s): Family Room
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Individual Room
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Los Angeles
- Driving Directions: Exit rampart on 101 fwy and head south. Head east on 3rd st. and make a left on Coronado St.
School Information
- School District: Los Angeles Unified
Community
- Community Features: Sidewalks
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,636
- Sq. Ft. Source: Assessor
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Property View: City Lights
- Lot Size (Acres): 0.1284
- Lot Size (Sq. Ft.): 5,593
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $491.27
Disclosures and Reports
- Special Conditions: Standard
Listed by Afd Realty, Inc., DAVID MEDINA
Get Pre-Approved Today
Schools
Schools serving 284 S Coronado
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Lafayette Park Primary Center 310 La Fayette Park Place, Los Angeles, CA 90057 | K- | 0.1 mi |
Commonwealth Avenue Elementary School 215 South Commonwealth Avenue, Los Angeles, CA 90004 | 1-5 | 0.6 mi |
Virgil Middle School 152 North Vermont Avenue, Los Angeles, CA 90004 | 6-8 | 0.9 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 0.8 mi |
Contreras Learning Center-School Of Social Justice 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.1 mi |
Miguel Contreras Learning Complex School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.1 mi |
Contreras Learning Center-Los Angeles School Of Global Studies 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.1 mi |
Academic Leadership Community School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.1 mi |
Edward R. Roybal Learning Center 1200 Colton Street, Los Angeles, CA 90026 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 284 S Coronado
Date
Details
Price
Change
Source
3/26/2026
Listed
$1,295,000
72.67%
MLS
7/11/2024
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 284 S Coronado
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,253
2%
$950,000
31%
2023
$9,080
5%
$725,084
2%
2022
$8,673
1%
$710,867
2%
2021
$8,555
-1%
$696,929
1%
2020
$8,640
4%
$689,784
2%
2019
$8,303
1%
$676,260
2%
2018
$8,218
71%
$663,000
75%
2017
$4,808
3%
$378,847
2%
2016
$4,675
1%
$371,419
2%
2015
$4,609
-1%
$365,841
2%
2014
$4,638
—
$358,676
—
2013
$4,632
—
$357,056
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 284 S Coronado
284 S Coronado, Los Angeles, CA 90057 (MLS# WS26065785) is a Single Family property with 5 bedrooms and 2 full bathrooms. 284 S Coronado is currently listed for $1,295,000 and was received on March 26, 2026. Want to learn more about 284 S Coronado? Do you have questions about finding other Single Family real estate for sale in Koreatown? You can browse all Koreatown real estate or contact a Coldwell Banker agent to request more information.

