$2,200,000
-$95,000406 S Coronado Street, Los Angeles CA 90057
Multi-Family (13 Units)
Property type
129 days
On market
$352
Price per sqft
N/A
Garage
1922
Year built
7,734 sqft
Lot size
Open Houses
Overview
406 S Coronado St | 13-Unit Value-Add Multifamily in Westlake, Los Angeles. Built in 1922 on a 7,732 SF LAR4 lot with 6,250 SF of improvements, this renovated asset features a desirable unit mix of (12) studio + den units and (1) studio. The property offers immediate income upside through lease-up of one vacant unit and mark-to-market rent growth, with average in-place rents...
Listing provided by: Taylor Avakian DRE #02060040 916-996-4421, Lyon Stahl Investment Real Estate, Inc.
Listing updated: Apr 22, 2026 at 02:23pm.
Last checked: Jun 4, 2026 at 07:31pm
Source: CRMLS #26643727
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $1,045 | $1,400 | $2,004 | Unfurnished |
| 12 | 0 | 1 | — | $1,515 | $21,000 | $26,928 | Unfurnished |
# of Buildings: 1
# of Units Total: 13
Financial Snapshot
Gross Rent Multiplier
9.5x
List Price / Annual Gross Rent
Cap Rate
7.04%
NOI / List Price
Net Operating Income: $154,892
Interior
Interior Features: Ceiling Fans
Cooling: Wall Window Units
Heating: Combination
Appliances: Microwave
Exterior
Stories Total: 0
Levels: Multi Split
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5155031017
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 406 S Coronado Street, Los Angeles, CA 90057. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,760,000
Total Interest
$2,244,783
Total Payment
$4,004,783
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$13,566
per month
Property History for 406 S Coronado Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90057.
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