406 S Coronado Street, Los Angeles, CA, 90057

Save
Ask
Tour
Hide
Share
$2,200,000
235 Days On Site

406 S Coronado Street
Los Angeles, CA 90057

For Sale|Residential Income|Active
0
Beds
12
Total Baths
6,250
SqFt
$352
/SqFt
1922
Built
County:
Los Angeles
Listed by Taylor Avakian of Lyon Stahl Investment Real Estate, Inc. taylor@lyonstahl.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
406 S Coronado Street406 S Coronado Street406 S Coronado Street406 S Coronado Street
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$10,037
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

406 S Coronado St | 13-Unit Value-Add Multifamily in Westlake, Los Angeles. Built in 1922 on a 7,732 SF LAR4 lot with 6,250 SF of improvements, this renovated asset features a desirable unit mix of (12) studio + den units and (1) studio. The property offers immediate income upside through lease-up of one vacant unit and mark-to-market rent growth, with average in-place rents approximately 17% below market. Zoned LAR4 with potential to build up to 8 ADUs under AB1211, providing long-term density and income expansion. Offered at $2,200,000 ($169,231/unit | $352/SF) with a 7.04% in-place cap rate and 8.63% pro forma cap rate, further enhanced by 3.85% assumable financing, laundry, RUBS, and ancillary income.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$2,200,000
Days On Site 
235 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,250 sqft
Total Baths 
12
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1775 Acres
Year Built 
1922
MLS® Number 
26643727
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
5 months agoPrice changed to $2,200,000
8 months agoListing first seen on site
General Features
Acres 
0.1775
Levels 
Multi/Split
Parking 
None
Special Circumstances 
Standard
SqFt Total 
6250
Zoning 
LAR3
Interior Features
Appliances 
Microwave
Cooling 
Wall/Window Unit(s)
Heating 
Interior 
Ceiling Fan(s)
Save
Ask
Tour
Hide
Share
Community Features
MLS Area 
C42 - Downtown L.A.


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share