314 Coronado StLos Angeles, CA 90057

This exceptional investment opportunity presents a 3-unit multifamily property located at 314 S Coronado St, Los Angeles, CA 90057. The property, a two-story duplex with an additional dwelling unit (ADU), sits on a sizable 15,277 square foot lot in the heart of Westlake. The building, constructed in 1922, features approximately 2,340 square feet of living space, currently vacant, and comprises two 2-bedroom/2-bathroom units and one studio unit. All units boast hardwood floors, spacious living areas, and private entrances. Ample parking is available on the property. This Class C building offers significant value-add potential through rent increases and is situated in a prime location near major transit, freeways (I-10, I-110, and US Route 101), shopping, entertainment, and nightlife. Its proximity to Koreatown, Downtown Los Angeles, and Hollywood adds to its desirability. The property is zoned R3-1, located within a State Enterprise Zone and a Tier 2 Transit Oriented Communities (TOC) area, allowing for increased residential density and potential redevelopment opportunities. The asking price is $1,350,000. The property is being sold "as-is". Potential buyers are encouraged to conduct thorough due diligence, including inspections, to verify all information.