Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    314 Coronado St Los Angeles, CA 90057

    Sponsored
    For Sale
    $1,350,000

    3-Unit Duplex, Huge Upside Potential

    Property size:
    2,340 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional investment opportunity presents a 3-unit multifamily property located at 314 S Coronado St, Los Angeles, CA 90057. The property, a two-story duplex with an additional dwelling unit (ADU), sits on a sizable 15,277 square foot lot in the heart of Westlake. The building, constructed in 1922, features approximately 2,340 square feet of living space, currently vacant, and comprises two 2-bedroom/2-bathroom units and one studio unit. All units boast hardwood floors, spacious living areas, and private entrances. Ample parking is available on the property. This Class C building offers significant value-add potential through rent increases and is situated in a prime location near major transit, freeways (I-10, I-110, and US Route 101), shopping, entertainment, and nightlife. Its proximity to Koreatown, Downtown Los Angeles, and Hollywood adds to its desirability. The property is zoned R3-1, located within a State Enterprise Zone and a Tier 2 Transit Oriented Communities (TOC) area, allowing for increased residential density and potential redevelopment opportunities. The asking price is $1,350,000. The property is being sold "as-is". Potential buyers are encouraged to conduct thorough due diligence, including inspections, to verify all information.

    Property Features for 314 Coronado St

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,340 SF
    Class
    C

    Building Details

    Buildings
    2
    Stories
    2
    Units
    3

    HighLights

    • Three‑unit multifamily property in Westlake, Los Angeles.
    • Located on a large 15,277 sq ft lot at 314 S Coronado St, Los Angeles, CA 90057.
    • Features approximately 2,340 sq ft of living space, currently vacant, including two 2‑bed/2‑bath units and one studio.
    • Built in 1922, with hardwood floors, spacious living areas, and private entrances for each unit.
    • Ample on‑site parking and situated near major freeways (I‑10, I‑110, US‑101), public transit, shopping, and entertainment.
    • Zoned R3‑1, located in a State Enterprise Zone and Tier 2 TOC area, offering redevelopment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    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
    -118.2780995
    Latitude
    34.0650454

    Nearby Similar for Sale

    • Sponsored
      $1,450,000
      3,443 SF

      Commercial Sale - Los Angeles, CA

      Contemporary religious facility in Mid-City Los Angeles with flexible spaces.
      3425 W 15Th St, Los Angeles, CA 90019
      View Details
    • Sponsored
      $1,250,000
      1,598 SF

      Commercial Sale - Eagle Rock, CA

      Two-level commercial building in Eagle Rock with parking and modern upgrades.
      1063 Colorado Blvd, Eagle Rock, CA 90041
      View Details
    • Sponsored
      $1,100,000
      4,096 SF

      Industrial - Los Angeles, CA

      Fire-damaged commercial property in urban development zone, ideal for redevelopment.
      7601 S Alameda St, Los Angeles, CA 90001
      View Details
    • Sponsored
      $899,000
      1,763 SF

      Commercial Sale - San Pedro, CA

      Stand-alone commercial building in prime San Pedro location with parking.
      841 W 9Th St, San Pedro, CA 90731
      View Details
    • Sponsored
      $165,000

      Business Opportunity - Los Angeles, CA

      Established flower shop in downtown Los Angeles with high foot traffic.
      515 S Olive St, Los Angeles, CA 90013
      View Details
    • Sponsored
      $165,000

      Business Opportunity - Los Angeles, CA

      Established flower shop in downtown Los Angeles with high foot traffic.
      515 S Olive St, Los Angeles, CA 90013
      View Details
    • Sponsored
      $120,000

      Business Opportunity - Los Angeles, CA

      Turnkey Thai massage business in high-traffic Santa Monica location.
      5465 Santa Monica Blvd, Los Angeles, CA 90029
      View Details
    • Sponsored
      $1,100,000
      4,096 SF

      Industrial - Los Angeles, CA

      Fire-damaged commercial property in urban development zone, ideal for redevelopment.
      7601 S Alameda St, Los Angeles, CA 90001
      View Details
    • New
      $3,099,999
      6,845 SF

      New Construction Fourplex in Mid-City

      Fully leased, high-end fourplex near Culver City and West Adams.
      1636 Longwood Ave, Los Angeles, CA 90019
      View Details
    • $1,779,000
      5,218 SF

      New Triplex in Central Los Angeles

      Contemporary triplex near freeways, stadiums, and arenas.
      232 E Gage Ave, Los Angeles, CA 90003
      View Details
    • $2,799,000
      7,961 SF

      New Los Angeles Quadruplex Opportunity

      Modern 4-unit property near Downtown Los Angeles with excellent income.
      300 E 25Th St, Los Angeles, CA 90011
      View Details
    • New
      $1,250,000
      1,832 SF

      Charming Spanish-Style Duplex in Los Angeles

      Beautifully preserved duplex with indoor-outdoor living in Glassell Park.
      4526 Verdugo Rd, Los Angeles, CA 90065
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 3-Unit Duplex, Huge Upside Potential
    Where is this multifamily property located?
    The property is located at 314 Coronado St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Three-unit multifamily property in Westlake, Los Angeles.; Located on a large 15,277 sq ft lot at 314 S Coronado St, Los Angeles, CA 90057.; Features approximately 2,340 sq ft of living space, currently vacant, including two 2-bed/2-bath units and one studio.
    Request Owner's contact information
    314 Coronado St Los Angeles, CA 90057
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    314 Coronado St
    Los Angeles, CA 90057
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    314 Coronado St Los Angeles, CA 90057
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.