216 N Coronado Street

Los Angeles, CA 90026
$3,400,000
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 fromRead MoreRead Less
Property listed by Myunits.com Inc., Elizabeth Maddox 818-850-8485
Listing Snapshot
Days Online
11
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
2023
MLS Number
BB24234741
30 Days Snapshot Of 90026
$1,175k
-11%
(avg) sold price
17
+21%
homes sold
82
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road frontage type: CityStreet, Road surface type: Paved
Appliances & Equipment
Dishwasher, ElectricOven, GasRange, Microwave, Refrigerator
Building
Built in 2023, Building area total: 6,025, Levels: ThreeOrMore, 2 buildings, Architectural style: Contemporary, Attached, Common walls: OneCommonWall
Community
StreetLights, Sidewalks
Cooling
CentralAir
Accessibility Features
Accessibility features: None
Expenses
Electric expense: $1,000, Gardener expense: $1,200, Insurance expense: $4,820, Maintenance expense: $2,000, New taxes expense: $37,740, Operating expense: $46,760
Fireplaces
None
Floors
Laminate
Heating
Central
Income
Gross income: $240,000, Net operating income: $183,604
Interior Features
OpenFloorplan, RecessedLighting
Laundry
WasherHookup, ElectricDryerHookup, Inside, LaundryCloset
Lot
0.1378 acres, 6,002 square feet, Size: 6,002, Landscaped, Paved
Parking
8 open parking spaces, 8 totals parking, OffStreet, Paved
Pool
None
Property
Zoning: LARD1.5, CityLights, Neighborhood
Sewer
PublicSewer
Spa
None
Taxes
Tax annual amount: $37,740
Tenant Pays
AllUtilities
Utilities
Standard
Windows
DoublePaneWindows
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Matt Boelk
Realtor®
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.