Property Description

216 N Coronado St, a rare new construction fourplex + ADU that’s walking distance to Echo Park Lake. This property is a true cash cow, actively thriving on the short-term rental market thanks to its modern design and ultra-trendy location near Echo Park and Silver Lake. Just moments away from popular destinations like Bloom & Plume Coffee, Tribal Cafe, and Target on Temple, it provides the perfect mix of convenience and style. With flexibility to be sold either with management in place for a seamless continuation on the short-term market or vacant, it’s a turnkey, high-yield investment in an area with exceptional rental demand. In addition to this luxury project, the seller is open to selling the twin property next door. This adjacent property consists of four 3-bedroom, 3.5-bathroom units with value-add potential for one or two ADUs. Opportunity to own 9-units (with value add) on the same street does not come along often! The properties are available for purchase individually or as a package. Inquire for pricing. 216 N Coronado St features four 3-bedroom, 3.5-bathroom units and a 1-bedroom, 1-bathroom ADU, each designed with spacious, open floorplans and private outdoor spaces. The 3-bedroom units come with private rooftop decks, while the ADU offers its own private yard, ma

Features
: Other
: Central Air
: Other, City Lights
: Laminate
: Laundry Closet, Other, Inside
: Other, Paved
: Other
Address Map
CA
Los Angeles
Los Angeles
90026
216 N Coronado Street
0
W119° 43' 32.4''
N34° 4' 15.5''
Heading North on the 101 freewa
MLS Addon
Myunits.com Inc.
Elizabeth Maddox
elizabeth@myunits.com
CR150198131
CR150194880
: Other
: Public

Commercial Sale For Sale

216 N Coronado Street, Los Angeles, California 90026

6,025 Sqft
$3,400,000
Listing ID #CRBB24234741
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRBB24234741
Price : $3,400,000
Square Footage : 6,025 Sqft
Year Built : 2023
Lot Area : 6,002 Sqft
Status : Active
Property SubType : Other
Agent info
Michael Roberts
Contact Agent