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534 S Coronado Los Angeles, CA 90057

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For Sale
$2,375,000

Apartment - Los Angeles, CA

Type:Apartment
Property size:
11,430 SF
Lot size:
12,804.00 Acres
Added:
Jan 2, 2026
Days on Market:
98
Last Refresh:
Apr 10 at 11:06 pm

Property Features for 534 S Coronado

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking
8
Exterior features
Community Features Included: Urban, Lot 10000-19999 Sqft
Standard status
Active
APN
5155030012
Size
11,430 SF
Lot size
12,804.00 Acres

Building Details

Year built
1924
Floors in Building
2
Number of units
14
Architectural style
Other

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Listing Contact
Raymond Rodriguez

Listing agent Raymond Rodriguez License #01402283

Listing office Equity Union 4353 Park Terrace Drive, Woodland Hills, CA

Listing date Jan 2, 2026

MLS# SR26000511 Listing URL

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Westlake Garden-Style Apartment Buildings

Located in the Westlake District of Los Angeles, Villa Coronado is a garden-style apartment property consisting of two buildings at 534 and 542 South Coronado Street. Constructed in 1922 and 1924, the wood-frame buildings feature flat roofs and smooth stucco exteriors, characteristic of early Los Angeles architectural design. The property contains approximately 11,430 square feet of residential living area on two parcels totaling approximately 12,804 square feet, zoned LAR3. The unit mix includes two studio units, ten one-bedroom units, one two-bedroom unit, and one two-bedroom-plus-den unit. Units feature open layouts, high ceilings, natural light, and original architectural details such as crown molding and hardwood-style flooring. Select units include individual hot water heaters and in-unit washer and dryer hookups. Some units feature dual entry points. Parking, accessed from Ocean View Avenue, includes four surface spaces and four enclosed garages. The property has undergone improvements and is well-maintained. The property features mature landscaping, garden pathways, and landscaped seating areas. The Westlake District is located just west of Downtown Los Angeles, offering convenient access to Koreatown and Hollywood. MacArthur Park serves as a central neighborhood amenity, including landscaped open space and the Levitt Pavilion. Alvarado Street and Wilshire Boulevard function as key commercial corridors, while Metro rail and bus lines provide connectivity throughout the greater Los Angeles region. The property offers investment appeal due to its value metrics, cash-on-cash return, leverage and loan options, RUBS program offsetting water cost, spacious units, and rental upside potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
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City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.279406
Latitude
34.063029

FAQs

What type of property is this?
Apartment building - Well-maintained 14-unit apartment property in the Westlake District.
Where is this apartment building located?
The property is located at 534 S Coronado Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: Significant rental upside potential (±21%) offering increased revenue.; Strong cash‑on‑cash return and attractive leverage & loan options.; Spacious units with open layouts, high ceilings, and natural light.
More about this property
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