685 S Coronado Street, Los Angeles, CA 90057
Local realty services provided by:ERA North Orange County Real Estate
685 S Coronado Street,Los Angeles, CA 90057
$2,995,000
- 16 Beds
- 20 Baths
- 11,430 sq. ft.
- Multi-family
- Active
Listed by: matthew r. kanner
Office: keller williams realty los feliz
MLS#:25549051
Source:CRMLS
Price summary
- Price:$2,995,000
- Price per sq. ft.:$262.03
About this home
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.
Contact an agent
Home facts
- Year built:1955
- Listing ID #:25549051
- Added:163 day(s) ago
- Updated:November 20, 2025 at 02:18 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:20
- Living area:11,430 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1955
- Building area:11,430 sq. ft.
- Lot area:0.27 Acres
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$262.03
New listings near 685 S Coronado Street
- New
$730,000Active3 beds 2 baths1,430 sq. ft.543 Ditman, Los Angeles, CA 90063
MLS# CV25254057Listed by: COLDWELL BANKER LEADERS - New
$689,000Active2 beds 3 baths1,659 sq. ft.18409 Collins Street #D, Tarzana, CA 91356
MLS# OC25263531Listed by: COMPASS REAL ESTATE - New
$2,200,000Active3 beds 2 baths2,229 sq. ft.2535 Canyon, Los Angeles, CA 90068
MLS# SR25251247Listed by: EXP REALTY OF CALIFORNIA INC - New
$499,950Active2 beds 2 baths1,218 sq. ft.8710 Independence Avenue #307, Canoga Park, CA 91304
MLS# 225005592Listed by: KELLER WILLIAMS EXCLUSIVE PROPERTIES - New
$730,000Active3 beds 2 baths1,430 sq. ft.543 S Ditman, Los Angeles, CA 90063
MLS# CV25254057Listed by: COLDWELL BANKER LEADERS - New
$770,000Active-- beds -- baths4,224 sq. ft.6613 S Figueroa, Los Angeles, CA 90003
MLS# DW25263571Listed by: CENTURY 21 CORNERSTONE - New
$689,000Active2 beds 3 baths1,659 sq. ft.18409 Collins Street #D, Tarzana, CA 91356
MLS# OC25263531Listed by: COMPASS REAL ESTATE - New
$599,000Active-- beds -- baths2,359 sq. ft.1501 W 53rd, Los Angeles, CA 90062
MLS# RS25258917Listed by: CIRCLE REAL ESTATE - New
$475,000Active2 beds 1 baths729 sq. ft.5211 Halldale, Los Angeles, CA 90062
MLS# RS25259289Listed by: CIRCLE REAL ESTATE - New
$432,000Active2 beds 1 baths967 sq. ft.10720 Woodley Avenue #3, Granada Hills, CA 91344
MLS# SR25217640Listed by: PACIFIC INTER CAPITAL INVESTMENT SOLUTIONS, INC