216 N. Coronado St is a stunning, newly constructed four-unit residential building complemented by a charming ADU, totaling five units in a highly sought- after location adjacent to Echo Park, Rampart Village, and Silver Lake. Built in 2024, this modern masterpiece spans approximately 6,025 sq ft on a 6,000 sq ft lot zoned LARD 1.5. The Coronado Residences boasts an exceptional unit mix, featuring four spacious 3-bedroom, 3.5-bath units, each finished with ultra-luxurious materials, luxury flooring, washer/dryers, glossy cabinetry, state-of-the-art appliances, and contemporary bathrooms. All three-bedroom units enjoy private roof decks, perfect for entertaining and outdoor living. One of the 3 BR units is leased for $4,300 a month the other units including the ADU are currently being leased out as short-term rentals. The total gross income of $233,940 is with a projected rental income when all units including the ADU are rented at what we believe are market rents. 216 N. Coronado St. presents a rare opportunity to acquire a brand-new, high-end multifamily investment in a high-demand rental neighborhood, offering excellent potential for steady cash flow and appreciation.
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DAYS ON MARKET
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17
|
LAST UPDATED
|
5/28/2025
|
|
YEAR BUILT
|
2023
|
COMMUNITY
|
C21 - Silver Lake - Echo Park
|
|
COUNTY
|
Los Angeles
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STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Microwave, Refrigerator |
| AREA |
C21 - Silver Lake - Echo Park |
| HEAT |
Central |
| LOT |
6003 sq ft |
| LOT DIMENSIONS |
50x120 |
| STORIES |
3+ |
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Listed with Miller & Desatnik Realty Co.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/7/25 12:06 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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