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$ 3,575,000
Est. payment | /mo
11,884 SqFt
$ 3,575,000
Est. payment | /mo
11,884 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 11,884 sqft
Price per Sqft $300
MLS Listing ID CL25549065
HOA Y/N No
Year Built 1959
Lot Size 0.297 Acres
Acres 0.3
Property Sub-Type Other
Property Description
We are pleased to present 627 Coronado Terrace, a 2-story, 20-unit value-add multi-family investment opportunity. The property is located in the highly desirable Echo Park submarket of Los Angeles, just 0.3 miles from Sunset Blvd, and 0.6 miles east of Silver Lake Blvd. Built in 1958, the building is comprised of 11 (2+1) and 9 (1+1) units that average approximately 594 gross square feet. The 11,884 square foot structure is situated on a 12,921 square foot, LAR3-1VL zoned lot and contains 20 parking spaces on-site. The property is separately metered for gas & electric and contains an on-site laundry room. The property is undergoing a system-wide electrical subpanel upgrade within the units. The new subpanels are interior-mounted, clearly labeled to identify serviced areas, and are expected to have a remaining useful life of 35+ years once fully installed. The Soft-Story Retrofit work has been completed. Nestled between Elysian Park, Elysian Valley, Silver Lake, and Chinatown, EchoPark is one of Los Angeles' most sought-after neighborhoods celebrated for its cultural diversity, architectural charm, and quintessential L.A. living. Boasting a Walk Score of 85, the property is ideally located just 0.9 miles from the vibrant interseciton of Sunset Blvd and Echo Park Ave intersection a
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5402022023
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Matthew R. Kanner • Keller Williams Realty Los Feliz
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "