$1,295,000 Est. $4,769 / mo.*

284 S Coronado Los Angeles , CA 90057

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Description

5 Beds
2 Baths
2,636 Sqft
5,593 Sqft lot
0.13 Acre lot
Status: Active
Property Type: Detached
Year Built: 1900
Days on Website: 1
Prime RTI Development Opportunity in the heart of Los Angeles rapidly evolving Westlake neighborhood. The property sits on a 5,593 sq ft lot and comes with RTI (Ready-To-Issue) plans for a 7-unit multifamily development, allowing investors to bypass lengthy entitlement timelines and move directly into construction. Unit mix is the following: 4 units being 2bed/1bath and 3 units being 2bed/2baths. Ideally located just minutes from Downtown LA, Silver Lake, and Echo Park, the property benefits from strong rental demand and proximity to major employment centers. Residents will enjoy easy access to Metro lines at Westlake/MacArthur Park. The area is rich with dining, shopping, and entertainment options, making it highly desirable for tenants. The existing structure offers flexibility for interim use while preparing for development. With approved plans in place, this is a rare chance to secure a centrally located asset with significant upside potential in one of LAs most active rental markets.

Open House

Property Details and Features

Contact an Agent

Gail Donahue

619 341-4427