$1,900,000 Price Analysis 316 N Coronado StLos Angeles, CA 90026 16 bed 8 bath 4,714 SqFt ($403/SqFt) 6,689SqFt lot. Built 1958 Listed 2024-04-17, Taxes $2,968 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Also known as HiFi, which is known for its diverse culinary scene. It is closely bordered by the eclectic and popular neighborhoods of Silverlake and Echo Park. Its central location provides easy access to the citys amenities and attractions, including a multitude of dining and entertainment options. Built in 1958, this multi-unit investment property, consists of eight units with 7 on-site allocated parking spaces.
Each unit features two-bedrooms with 1 bath. Five units will be delivered vacant and are therefore primed for transformation. This property offers the perfect canvas for investors looking to revitalize and enhance rental units in a sought-after location, with an easy to operate cash flow property and long term rent appreciation. The 5 vacant units can be rented at market rents with value-added upgrades that maximiz tenant appeal. Schedule a tour or contact us for a financial summary for a breakdown of revenue, expenses, NOI and cap rate.
Presented by Melanie Guillen at
Lee & Associates Los Angeles.
Property MLS #DW24076478 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $116,647 + $40,406 $157,053 | $2,968 |
2021 | $114,360 + $39,614 $153,974 | $2,909 |
2020 | $113,188 + $39,208 $152,396 | $2,923 |
2019 | $110,969 + $38,440 $149,409 | $2,849 |
2018 | $108,794 + $37,687 $146,481 | $2,725 |
2017 | $106,661 + $36,949 $143,610 | $2,641 |
2016 | $104,570 + $36,225 $140,795 | $2,535 |
2015 | $103,000 + $35,681 $138,681 | $2,510 |
2014 | $100,983 + $34,983 $135,966 | $2,575 |
2013 | $100,527 + $34,825 $135,352 | $2,559 |
2012 | $98,556 + $34,143 $132,699 | $2,587 |
2010 | $96,624 + $33,474 $130,098 | $2,483 |
2009 | $96,130 + $33,303 $129,433 | $2,404 |
2009 | $95,902 + $33,224 $129,126 | $2,404 |
2008 | $94,246 + $32,650 $126,896 | $2,335 |
2007 | $92,399 + $32,010 $124,409 | $2,255 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.