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$1,100,000
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Property Description
This charming 1920s Spanish-style four-unit property offers a unique setup. Each unit hasits own private entrance and large enclosed patio, providing exceptional privacy for tenants. The generous outdoor spaces make each unit especially attractive to renters seeking private, usable outdoor living.Featuring classic architectural details, abundant natural light, updated copper plumbing, and a historically low-maintenance track record, the property is easy to manage for a first-time investor and offers strong value-add potential for a seasoned investor.Located just moments from Silver Lake's vibrant restaurants, bars, and nightlife, with easy access to Downtown LA, major freeways, and Metro stations. Significant rental upside in one of LA's most desirable and high-demand rental markets.
Full Property Details
Full Property Details for 507 S Coronado St
General
- Price: $1,100,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25535173
- Updated: 12/29/2025
- Added to Site: 286 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: None
Parking
- Garage Description: None
Location
- Area: Downtown L.A.
- County: Los Angeles
- Driving Directions: South of 3rd St, West of Alvarado St
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 2
- Stories/Levels: 1
- Square Feet: 3,090
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1923
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1424
- Lot Size: 6201
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $355.99
- Assessment Year: 1923
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5155-028-005
Listed by Compass, Gil Saraf
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Schools
Schools serving 507 S Coronado St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Lafayette Park Primary Center 310 La Fayette Park Place, Los Angeles, CA 90057 | K- | 0.2 mi |
Charles White Elementary School 2401 Wilshire Boulevard, Los Angeles, CA 90057 | 1-5 | 0.2 mi |
John H. Liechty Middle School 650 South Union Avenue, Los Angeles, CA 90017 | 7-8 | 0.9 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 507 S Coronado St
Date
Details
Price
Change
Source
5/12/2025
Listed
$1,100,000
81.82%
MLS
3/24/2014
Sold
$605,000
—
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 507 S Coronado St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,416
4%
$741,634
4%
2023
$9,078
5%
$712,838
2%
2022
$8,671
1%
$698,861
2%
2021
$8,551
-1%
$685,159
1%
2020
$8,634
4%
$678,135
2%
2019
$8,303
1%
$664,839
2%
2018
$8,206
2%
$651,804
2%
2017
$8,034
3%
$639,025
2%
2016
$7,831
1%
$626,496
2%
2015
$7,720
47%
$617,087
55%
2014
$5,236
—
$397,146
—
2013
$5,231
—
$395,352
—
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 507 S Coronado St
507 S Coronado St, Los Angeles, CA 90057 (MLS# 25535173) is a Multi-Family property with units containing 4 bedrooms and 0 full bathrooms. 507 S Coronado St is currently listed for $1,100,000 and was received on May 12, 2025. Want to learn more about 507 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.

