407 Coronado St, Los Angeles, CA 90026

4 Unit Apartment Building | $795,000 ($198,750/Unit) | Los Angeles, CA 90026

Asking Price $795,000

Property Type
Multifamily
Square Feet
4,294 SF

Listing Contacts

Brian Weiner

Property Overview

FAMILY TRUST AUCTION!!! Property to be sold by public auction Sunday September 22, 2024 @ 10:00 A.M. at site. RARE OPPORTUNITY TO PURCHASE A 4 UNIT BUILDING WITH 2 REMODELED, VACANT UNITS AND DETACHED GARAGE IN THE HIGHLY DESIRABLE SILVER LAKE/ECHO PARK/FILIPINOTOWN AREA OF LOS ANGELES. 2 VACANT, REMODELED, UPSTAIRS, 3 BEDROOM UNITS, 2 DOWNSTAIRS RENTED UNITS. DETACHED GARAGE WITH POSSIBILITY FOR A.D.U. SEPARATE ELECTRIC AND GAS METERS. BUYERS SHOULD CHECK WITH THE CITY FOR CURRENT BUILDING REGULATIONS, RESTRICTIONS AND PERMITS. EXCELLENT INVESTMENT OPPORTUNITY IN A CENTRAL AREA OF LOS ANGELES.
Please contact listing office or see listing office website @ www.flansweiner.com for Auction Terms & Conditions, registration & auction requirements. Registered agents/brokers must attend auction. Buyer to verify all Loopnet info, including permits & uses, parking, bed/bath counts, square footage, Zoning, Utilities, schools, and their enrollment availability. Buyer is advised to investigate all aspects of the property & verify the accuracy of all information provided. Offers possibly accepted prior to auction. Title shows (4) 1 bedroom units. Buyer to verify bedroom count and permits. OLD LEASES, ESTOPPELS, RENT INCREASE NOTICES AND CASH FOR KEYS CONTRACTS AVAILABLE UPON REQUEST.
INCOME:
407 N. CORONADO ST. – $1,248 PER MONTH. MONTH TO MONTH.
407½ N. CORONADO ST. – 3 BEDROOM, 1 BATH UNIT. VACANT
409 N. CORONADO ST. – $1,248 PER MONTH. MONTH TO MONTH.
409½ N. CORONADO ST. – 3 BEDROOM, 1 BATH UNIT. VACANT.

Property Details

Year Built
1922
Stories
2
Lot Size (sq. ft)
5,663 SF
Units
4

Highlights

  • Property to be sold by public auction Sunday September 22, 2024 @ 10:00 A.M. at site.
  • Please contact listing office or see listing office website @ www.flansweiner.com for Auction Terms & Conditions, registration & auction requirements.
  • Registered agents/brokers must attend auction.
  • OLD LEASES, ESTOPPELS, RENT INCREASE NOTICES AND CASH FOR KEYS CONTRACTS AVAILABLE UPON REQUEST.
  • Title shows (4) 1 bedroom units. Buyer to verify bedroom count and permits.

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