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685 S Coronado Street, Los Angeles
$2,705,000
16 Beds ⋅ 20 Baths ⋅ 25549051 MLS ⋅ Closed Status
We are pleased to present 685 S Coronado St, a 2-story, 20-unit value-add multi-family investment opportunity. The property is located in the La Fayette Park/Mid Wilshire submarket of Los Angeles, just 0.1 mile south of Wilshire Blvd and 0.7 miles east of Vermont Ave. Built in 1955, the building is comprised of 16 (1+1) and 4 Singles units that average approximately 572 gross square feet. The 11,430 square foot structure is situated on a 11,700 square foot, LAR4-2 zoned lot and contains 11 parking spaces on-site. The property is separately metered for gas & electric and contains an on-site laundry room. Electrical upgrades include the installation of GFCI outlets in key locations such as kitchens, restrooms, and exterior areas, enhancing safety and aligning with modern standards. Additionally, visible wiring throughout the property is plastic-coated, indicating the use of updated, code-compliant materials. The Soft-Story Retrofit work has been completed and the property is fully compliant with SB 721. All required inspections of elevated exterior elements have been completed, with all identified repairs performed in compliance with California state regulations and Los Angeles local standards. Boasting a Walk Score of 94, the property is ideally located in the heart of Westlake/MacArthur Park, just moments from the vibrant intersection of Wilshire Blvd and Alvarado St, and 0.2 miles from historic MacArthur Park. Residents enjoy easy access to a wide array of shopping, dining, entertainment, and recreational options throughout Westlake, Koreatown, Downtown Los Angeles, and nearby neighborhoods such as Echo Park and Silver Lake. Centrally located, the property offers excellent connectivity, positioned 1.3 miles west of the 110 Freeway, 1.7 miles north of the 10 Freeway, 1.2 miles east of the 101 Freeway, and approximately 3.8 miles from the 5 Freeway, providing convenient access to Greater Los Angeles.685 S Coronado St is well-positioned for a skilled value-add investor to enhance building value through strategic unit and common area upgrades. This opportunity offers approximately 43%+ rental upside, presenting a clear path to increased income, appreciation, and long-term returns.

685 S Coronado Street, Los Angeles

502 S Westlake Avenue, Los Angeles
$2,300,000
2 Beds ⋅ 28 Baths ⋅ 26671293 MLS ⋅ Closed Status
**INDIVIDUALLY METERED:** Tenants pay their own electricity, reducing owner operating expenses.**CLOSE PROXIMITY TO 2028 OLYMPIC VENUES:** Located in close proximity to major venues in the "Downtown Sports Park" for the 2028 Summer Olympics in Los Angeles. Venues include the LA Coliseum, Crypto.com Arena, & BMO Stadium.**UNIQUE CHARACTER ASSET:** Distinctive architectural character with timeless appeal.**ATTRACTIVE BASIS:** Priced at $100,000/unit with a 7.10 GRM, offering investors a compelling entry point.**VALUE-ADD POTENTIAL:** 22% rental upside remaining through interior renovations.**LONG TERM OWNERSHIP:** Same ownership for 20+ years a rare acquisition opportunity.**DENSE INFILL LOCATION CENTRAL TO ENTERTAINMENT AND NIGHTLIFE:** Situated near Koreatown and Downtown Los Angeles, offering renters convenient access to entertainment and nightlife.

502 S Westlake Avenue, Los Angeles

534 S Coronado, Los Angeles
$2,280,000
SR26000511 MLS ⋅ Closed Status
Villa Coronado is a well-maintained 14-unit garden-style apartment property located at 534 and 542 South Coronado Street in the Westlake District of Los Angeles. The property consists of two separate buildings situated on individual APNs and features classic architectural character and long-term ownership potential. Located on a quiet, tree-lined residential street, the property includes mature landscaping, garden pathways, and landscaped seating areas that create a cohesive residential environment. Constructed in 1922 and 1924, the two wood-frame buildings feature flat roofs and smooth stucco exteriors consistent with early Los Angeles architectural design. The property contains approximately 11,430 square feet of residential living area across two parcels totaling approximately 12,804 square feet and is zoned LAR3. The unit mix includes two studio units, ten one-bedroom units, one two-bedroom unit, and one two-bedroom-plus-den unit. Units feature open layouts, high ceilings, natural light, and original architectural details such as crown molding and hardwood-style flooring. Select units include individual hot water heaters and in-unit washer and dryer hookups. Parking is located off Ocean View Avenue and includes four surface spaces and four enclosed garages. The property has undergone improvements over time. The Westlake District is located just west of Downtown Los Angeles and offers convenient proximity to surrounding neighborhoods, including Koreatown and Hollywood. The area features a mix of historic, mid-century, and modern residential architecture. MacArthur Park serves as a central neighborhood amenity and includes landscaped open space and the Levitt Pavilion, which hosts public programming and live performances. Alvarado Street and Wilshire Boulevard function as key commercial corridors, while Metro rail and bus lines provide connectivity throughout the greater Los Angeles region.

534 S Coronado, Los Angeles

229 S Westlake Avenue, Los Angeles
$1,710,000
12 Baths ⋅ 26840491 MLS ⋅ Closed Status
We are pleased to present a twelve (12) unit apartment building located at 229 S Westlake Ave in Los Angeles, California. The subject property is located in a good Echo Park-adjacent location, just south of Beverly Blvd and east of Alvarado St. Located in a strong Echo Park-adjacent location, the property features a streamlined unit mix of twelve (12) studio units and classic Spanish-style architecture. Recent capital improvements include a new sewer line, upgraded electrical systems, and upgraded copper lateral plumbing lines. The property is separately metered for gas and electricity and includes an on-site laundry facility. A rear courtyard and basement present potential ADU conversion opportunities for additional rental upside (buyer to verify). The property benefits from immediate access to the 101 and 110 Freeways, the Metro B Line at Westlake/MacArthur Park Station, and major commercial corridors including Beverly Blvd, Alvarado St, Temple St, and 3rd St. Nearby amenities include Echo Park Lake, Vista Hermosa Park, dining, shopping, and entertainment options. With recent capital improvements, attractive ADU conversion potential, classic Spanish-style architecture, and a solid Echo Park-adjacent location near major transit corridors and neighborhood amenities, the property offers a compelling value-add opportunity in one of Los Angeles' most dynamic rental markets.

229 S Westlake Avenue, Los Angeles

1822 Miramar Street, Los Angeles
$1,350,000
10 Beds ⋅ 7 Baths ⋅ 26655783 MLS ⋅ Closed Status
1822-1830 Miramar St consists of three buildings. A 4 bedroom + 2 bathroom + den SFR. A duplex with 2 bedroom + 1 bathroom units and a fourplex with 1 bedroom + 1-bathroom units. The combined buildings total 5,088 SF on a large 15,360 SF lot zoned LAR3. The units are individually metered for gas, electricity and trash. There is a large rear parking area with 8 assigned parking spaces and area for potential development/ADU. Development Potential LAR3, 19 units by right. TOC Tier 1, 29 units. Buyer to verify. High Walk Score of 92! Strategically located minutes from Downtown Los Angeles, Koreatown, and Echo Park, the asset provides tenants with convenient access to employment centers, transit corridors, and neighborhood retail. The property's infill location and high land value support long-term appreciation, while replacement costs continue to rise across Los Angeles. DO NOT DISTURB OCUPANTS! DRIVE BY ONLY! THOSE WHO DO NOT COMPLY WILL BE DISQUALIFIED!

1822 Miramar Street, Los Angeles

2335 Miramar Street, Los Angeles
$1,065,200
8 Beds ⋅ 8 Baths ⋅ 26651801 MLS ⋅ Closed Status
2335 Miramar Street may be purchased individually or together with 2334 Valley Street, located directly across the alley, allowing for scale and operational efficiency. 8 unit multifamily property located in Westlake offering significant rental upside and repositioning potential. The unit mix consists of six studio units and two one bedroom one bathroom units. Current rents are well below market levels with projected stabilized rents supporting strong income growth. The property offers on site parking, functional layouts, and is situated in a highly walkable and centrally located neighborhood with convenient access to Downtown Los Angeles, Koreatown, Silver Lake, and Hollywood. This asset provides investors the opportunity to acquire a well located building at an attractive basis with measurable value add potential.

2335 Miramar Street, Los Angeles

2334 Valley Street, Los Angeles
$857,520
8 Beds ⋅ 8 Baths ⋅ 26651789 MLS ⋅ Closed Status
8 unit multifamily opportunity in the heart of Westlake offered at a compelling basis well below replacement cost. The property consists of eight one bedroom one bathroom units totaling approximately 4,408 square feet on a 6,517 square foot lot. Current rents are significantly below market, creating substantial upside through renovation and repositioning. At approximately $118,750 per unit and roughly $215 per square foot, this asset presents a rare value add opportunity in a dense, transit connected corridor near Downtown Los Angeles, Koreatown, Silver Lake, and Hollywood. Separately metered for gas and electric with on site parking and strong walkability. 2334 Valley Street may be purchased individually or together with 2335 Miramar Street, which is located directly behind the property and separated by an alley.

2334 Valley Street, Los Angeles

310 S Bonnie Brae, Los Angeles
$680,000
SB26059992 MLS ⋅ Closed Status
CALL FOR OFFERS - Wednesday (4/8/26) 3PM. Exceptional investment opportunity in Westlake! Offered at $176.52 per sq. ft. and $139,800 per unit, this 5 unit multifamily property at 310 S. Bonnie Brae St. presents approximately 120% potential rental upside, making it an ideal opportunity for investors seeking significant value add potential. The property offers 3,960 sq. ft. of living space on a 6,511 sq. ft. lot and consists of three structures, including a front building with four 1 bedroom, 1 bath units featuring large dens, which may offer the potential to convert into 2 bedroom units (buyer to verify). The fifth unit is located above three rear single car storage garages. An additional structure with three single car storage garages provides potential for ADU conversion (buyer to verify). Recent capital improvements include copper plumbing, new flat roofs on all three structures, and updated electrical service lines with panels, breakers, and six meters. Each unit is separately equipped with its own sub panel, water heater, and wall furnace. The property also offers assigned tenant parking, additional storage income, and ample tandem parking in front of the garages. It is centrally located near Downtown LA, Koreatown, major freeways, MacArthur Park, and Echo Park.

310 S Bonnie Brae, Los Angeles

421 S La Fayette Park Unit 701, Los Angeles
$330,000
1 Beds ⋅ 1 Baths ⋅ LG25240381 MLS ⋅ Closed Status
A rare opportunity to own in the heart of Los Angeles at an exceptional value! Top-floor 1BD/1BA condo at La Fayette Park Towers with no neighbors above and beautiful Downtown LA skyline views will make you feel like you’re living in a dream. The key features of this unit are the bright open layout, remodeled kitchen with granite countertops and stainless steel appliances, and a private balcony overlooking the city. The building reflects its era, which is exactly why this property offers one of the most accessible entry points into this central location. Flexible purchase options available, including potential grants, concessions, and solutions to help offset HOA costs or reduce your monthly payment - inquire for details. Enjoy a rooftop pool, spa, gym, sauna, 24-hour security, and gated parking. HOA covers water, gas, and trash. Prime location near Downtown LA, USC, and Koreatown.

421 S La Fayette Park Unit 701, Los Angeles

210 S La Fayette Park Place Unit 314, Los Angeles
$325,000
1 Beds ⋅ 1 Baths ⋅ 26848155 MLS ⋅ Closed Status
A bright top-floor condominium located in the heart of Los Angeles, just minutes from Koreatown and Downtown LA. This west-facing unit overlooks La Fayette Park Place and offers an abundance of natural sunlight throughout the day. Recently refreshed with new flooring, fresh interior paint, and an updated bathroom, the home provides a clean and move-in-ready feel. The efficient floor plan features a comfortable living area, a functional kitchen, a spacious bedroom, and a private balcony ideal for enjoying city views and natural light. The community offers gated access, elevator access, community laundry on every floor, EV charger and assigned parking. Conveniently located near restaurants, shopping, public transportation, Downtown LA, Koreatown, USC, Silver Lake, and Hollywood. A great opportunity for an owner-user or investor seeking an affordable condo in a central Los Angeles location.

210 S La Fayette Park Place Unit 314, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.