1033 N Coronado Street, Los Angeles, CA 90026

About this property

Lee & Associates Investment Services Group is pleased to present the sale of 1033 N. Coronado Street, a 2,596-square-foot vacant triplex located just south of Sunset Boulevard in the highly desirable Silver Lake/Echo Park neighborhood of Los Angeles. The building sits on a 7,500-square-foot lot along an alleyway for easy ingress and egress. The property, zoned RD2-IVL, offers a value-add investor the opportunity to expand and reposition the existing structure. However, the offerings true potential is in creating four large and spacious ground-up dwelling units. The current owner, having already started the architectural, planning, and structural process, is ready to hand off the opportunity to an investor/developer or value-add buyer looking to develop and hold for cash flow or sell for gain in this prime Los Angeles market. Seller to provide demo permits.

Listing description from the April 2021 sale, as reported to CRMLS.

Sale history

$1,370,000

Sold April 2021 · listed $1,495,000, on market February 2021 · MLS #21690530 · Source: CRMLS

Listing Agent: Jesse Munoz · Listing Office: Colliers International Greater Los Angel · Contact: 949-724-5500 · Bought with: Jesse Munoz · Colliers International Greater Los Angel

$1,280,000

Sold September 2019 · orig. $1,260,000, on market May 2019 · MLS #CV19104187 · Source: CRMLS

Listing Agent: JOSE VASQUEZ-PLAZA · Listing Office: CENTURY 21 MASTERS · Contact: 909-595-6697 · Bought with: JOSE VASQUEZ-PLAZA · CENTURY 21 MASTERS

$772,000

Sold June 2015 · listed $775,000, orig. $848,900, on market August 2014 · MLS #CV14175305 · Source: CRMLS

Listing Agent: JOSE VASQUEZ-PLAZA · Listing Office: CENTURY 21 MASTERS · Contact: 909-595-6697 · Bought with: JOSE VASQUEZ-PLAZA · CENTURY 21 MASTERS

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