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    685 S Coronado St Los Angeles, CA 90057

    For Sale
    $2,995,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    11,430 SF
    Lot size:
    0.27 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 13 at 11:06 pm

    Property Features for 685 S Coronado St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    LAR4
    Rooms
    Bathroom 13, Bedroom 13, Bedroom 3, Bathroom 12, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 9, Bathroom 14, Bathroom 3, Bathroom 5, Bedroom 11, Bathroom 1, Bathroom 16, Bathroom 17, Bedroom 1, Bathroom 20, Bathroom 18, Bedroom 15, Bedroom 8, Bathroom 9, Bathroom 7, Bathroom 8, Bathroom 10, Bedroom 7, Bathroom 15, Bedroom 10, Bedroom 5, Bedroom 16, Bedroom 6, Bathroom 19, Bathroom 11, Bedroom 4, Bathroom 6, Bedroom 12, Bedroom 14
    Bedrooms
    16
    Bathrooms
    20
    APN
    5141-008-004
    Parking
    11
    Parking features
    Carport, Covered
    Size
    11,430 SF
    Lot size
    0.27 Acres

    Utilities

    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1955
    Floors in Building
    2
    Number of units
    20

    Keller Williams Los Feliz (323) 300-1000 [email protected]

    Listing agent Matthew R. Kanner (323) 300-1000 License #01349203

    Listing date Nov 14, 2025

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Value-Add Multifamily Investment Opportunity

    Located in the La Fayette Park/Mid Wilshire submarket of Los Angeles, 685 S Coronado St is a 2-story, 20-unit multifamily property. Constructed in 1955, the building features 16 one-bedroom, one-bathroom units and 4 studio units, averaging approximately 572 square feet. The structure encompasses 11,430 square feet on an 11,700-square-foot lot. The property has LAR4 zoning and includes 11 on-site parking spaces. The building is separately metered for gas and electric and includes an on-site laundry room. Electrical upgrades feature GFCI outlets in kitchens, restrooms, and exterior areas, with plastic-coated wiring. Soft-story retrofit work is complete and compliant with SB 721. Inspections of elevated exterior elements are complete, with all identified repairs performed in compliance with California state regulations and Los Angeles local standards. With a Walk Score of 94, the property is located in Westlake/MacArthur Park, near Wilshire Blvd and Alvarado St, and MacArthur Park. Residents have access to shopping, dining, entertainment, and recreational options throughout Westlake, Koreatown, Downtown Los Angeles, and nearby neighborhoods such as Echo Park and Silver Lake. The property is located 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. This property is positioned for a value-add investor to enhance building value through unit and common area upgrades, with potential for approximately 43%+ rental upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.282461
    Latitude
    34.059454

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    FAQs

    What type of property is this?
    Apartment building - 20-unit multifamily property in La Fayette Park/Mid Wilshire submarket.
    Where is this apartment building located?
    The property is located at 685 S Coronado St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: - Significant Value-Add Opportunity: Approximately 43%+ rental upside through strategic unit and common area upgrades.; - Prime Location: Walk Score of 94, near Wilshire Blvd and Alvarado St, MacArthur Park, and easy access to shopping, dining, and entertainment.; - Excellent Freeway Access: Centrally located with convenient access to the 110, 10, 101, and 5 Freeways.
    (323) 300-1000
    Request Owner's contact information
    685 S Coronado St Los Angeles, CA 90057
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    Los Angeles, CA 90057
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    685 S Coronado St Los Angeles, CA 90057
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