Spanish-Style
559 S Coronado, Los Angeles, CA 90057
For Sale
$1,049,000
Los Angeles, CA
Property Size3,175 SF
Lot Size0.10 Acres
Price / SF$330.39
Days on Market372
Property Features for 559 S Coronado
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Lot features
Directions
Subdivision
Standard status
APN
Lot size
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Number of units
Roof type
Architectural style
Listing Agency:
Century 21 Masters · Century 21 Real Estate
(909) 595-6697
Listed By:
Walter Fajardo · License #01172252
(626) 893-5039
Added: Nov 3, 2025
Changed: Nov 6
Last Checked: Nov 9 at 7:06AM
MLS# TR25253397
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.
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Investment Insights
Based on property information with market context.
Built in 1922, this Spanish-style quadruplex contains four separate units, each arranged with one bedroom and one bathroom. The property provides 3,175 square feet of living area on a 4,318-square-foot lot, with a laundry room, driveway parking, flat and tile roofing, and public water and sewer service.
Located at 559 S Coronado in Los Angeles, the property is near MacArthur Park and Koreatown, with access to downtown Los Angeles, public transit, dining, and shopping. LAR4 zoning supports its existing multifamily format and is identified in the property information as suitable for multifamily development or long-term holding.
Located at 559 S Coronado in Los Angeles, the property is near MacArthur Park and Koreatown, with access to downtown Los Angeles, public transit, dining, and shopping. LAR4 zoning supports its existing multifamily format and is identified in the property information as suitable for multifamily development or long-term holding.
Key Highlights
- Four units, each with 1 bedroom and 1 bathroom
- 3,175 sq ft of total living area on a 4,318 sq ft lot
- Built in 1922 with Spanish architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,447
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,940
$1.1M
Cap Rate 7%
$792,100
$792.1K
Cap Rate 9%
$616,078
$616.1K
Market Conditions
NOI Build-Up for 3,175 SF
Gross rent
$85.7K $27.00/SF
− Vacancy
−$6.5K −$2.05/SF
EGI
$79.2K $24.95/SF
− OpEx
−$23.8K −$7.48/SF
NOI
$55.4K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,108,940
Cap Rate 7%
$792,100
Cap Rate 9%
$616,078
Alternative Uses
Best Use
Multifamily LT 5
$792.1K
$693.1K – $924.1K
NOI $55,447 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$729.8K
$638.6K – $851.5K
NOI $51,088 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,792 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
6,096
Businesses Nearby
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Business Placement
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
$694,500
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four one-bedroom units with public water and sewer support a multifamily configuration.
Where is this quadplex located?
The property is located at 559 S Coronado Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Four units, each with 1 bedroom and 1 bathroom; 3,175 sq ft of total living area on a 4,318 sq ft lot; Built in 1922 with Spanish architectural style
