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Studio and One-Bedroom Apartment Building
New
For Sale
$2,150,000

120 S Coronado St, Los Angeles, CA 90057

Apartment property with studio and one-bedroom layouts, covered parking, private balconies in select units, and a rear yard.

Property Size10,522 SF
Lot Size0.40 Acres
Days on Market2

Property Features for 120 S Coronado St

General Information

Standard status Active
Size 10,522 SF
Total Parking Spaces 12
Lot size 0.40 Acres
Property subtype Multifamily
Zoning LAR3
Occupancy 95%

Additional Details

Cap Rate 6.28%

Amenities

private balconies
private rear yard
On Site Parking For 12 Spaces - 6 Covered Garages With Automatic Openers
Large Private Yard In Rear of Property
Separately Metered for Gas/Electric

Building Details

Building Size 10,522 SF
Units 16
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Tony Azzi · License #License(s): CA: 00910513
Source: Marcusmillichap
Added: Sep 2 Last Checked: Sep 2 at 2:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

This apartment building offers an all-studio and one-bedroom unit mix, with floor plans averaging approximately 658 square feet. Select residences include private balconies and city views, while a private rear yard adds usable outdoor space. The property operates without an on-site manager requirement, and individual water heaters serve each unit.

Located at 120 S Coronado St in Los Angeles, the property occupies a 17,303-square-foot double lot zoned LAR3. On-site parking includes 12 spaces arranged across six covered garages with automatic openers. Gas and electric utilities are separately metered, and tenants pay for trash service. The property has been held for more than 38 years and includes approximately 53% rental upside.

Key Highlights

  • All‑studio and one‑bedroom unit mix with floor plans averaging approximately 658 square feet
  • 17,303‑square‑foot double lot with LAR3 zoning
  • 12 on‑site parking spaces in six covered garages with automatic openers

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Carpet & Flooring Store Buffet Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,039
Businesses Nearby

Demographics for 90057, CA

45,510
Population
17,912
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
58%
High-School Grad
0.9 sq mi
ZIP Area
50,567
Density / Sq Mi
$44,876
Median Household Income
$30,849
Median Earnings
$1,395
Median Rent
$694,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment property with studio and one-bedroom layouts, covered parking, private balconies in select units, and a rear yard.
Where is this apartment building located?
The property is located at 120 S Coronado St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: All‑studio and one‑bedroom unit mix with floor plans averaging approximately 658 square feet; 17,303‑square‑foot double lot with LAR3 zoning; 12 on‑site parking spaces in six covered garages with automatic openers
More about this property
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