Active

676 S Coronado Street

Los Angeles, CA 90057
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt15,678

Sqft

SqFt6,901

Sqft(Lot)

676 South Coronado Street is a rare centrally located multifamily opportunity at the convergence of Downtown Los Angeles, MacArthur Park, and Westlake with immediate access to major employment centers, cultural institutions, and transit corridors. A Walk Score of 96 and multiple Metro Rail stations within half a mile support car-free daily living and durable renter demand. The property pairs vintage character with comprehensively modernized systems a combination increasingly rare at this price point. The almost all-studio configuration continues to outperform on rent-per-square-foot across the central LA market. Recent capital investment includes:Brand-new roof (2024) a significant deferred maintenance item already off the table, Fully upgraded electrical system reduced maintenance expo sure and lower insurancecosts, All-copper plumbing throughout, Brand-new water heaters, Individually metered gas and electricity uncommon for buildings of this vintage, Several vacant units immediate upside without turnover delays. These improvements substantially reduce near-term capital requirements and position the next owner for efficient, low-friction operations from day one.Investment Highlights: Approximately 25% conservative rental upside is supported by comparables across Downtown LA, Koreatown, and Westlake. The asset is priced attractively relative to the broader central Los Angeles market: $96,379 per unit, $178 per square foot, Sub-8.0 gross rent multiplier, ~7.0% cap rate on in-place operations. Residents enjoy walkable access to Downtown LA and the Financial District, LA Live and the Convention Center, The Broad, MOCA and Walt Disney Concert Hall, Grand Park and the Civic Center, the Historic Core and Fashion District, and Koreatown's extensive dining and retail. This concentration of employment, culture, and lifestyle amenities underpins consistent, long-term renter demand.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $2,795,000

AD Id : 80129460

MLS Id : 26843647

Lot Size : 6,901 Sqft

Living Area Size : 15,678

Year Built : 1922

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 0

    Bathroom Information

    Total Baths: 29 Full Baths: 0 Half Baths: 0
  • Cooling Features

    None Air Conditioning

    Heating Source

    Forced Air Has Heating

  • Building Information

    Year Built: 1922 Building Area Total: 15,678

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1584
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6901

  • Listing Price Information

    Original List Price: 2,795,000 Listing Contract Date: 2026-06-05
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5141007009

  • Garage and Parking

    Garage Description: None

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Directions: Near coronado and West 7th Zoning: LAR4P Source Property Type: Residential Income Area: C42 - Downtown L.A.
  • Building and Construction

    Property Age: 104 Year Built Source: Vendor Enhanced Total Square Feet Living: 15678 Levels or Stories: Two Building Total Stories: 2
Sell a home like this and save $167,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
161 S Burlington Avenue, Los Angeles, CA, 90057 $4,200,000 18 -- 6,874 6,874 SqFt
127 S Westlake Avenue, Los Angeles, CA, 90057 $895,000 4 1 2,270 2,270 SqFt
272 S Burlington, Los Angeles, CA, 90057 $925,000 -- -- 2,778 2,778 SqFt
272 S Burlington, Los Angeles, CA, 90057 $925,000 2 -- 2,778 2,778 SqFt
229 S Westlake Avenue, Los Angeles, CA, 90057 $1,895,000 -- -- 6,150 6,150 SqFt
1803 Maryland Street, Los Angeles, CA, 90057 $1,249,000 6 -- 4,083 4,083 SqFt
502 S Westlake Avenue, Los Angeles, CA, 90057 $2,800,000 2 -- 13,539 13,539 SqFt
107 S Rampart Boulevard, Los Angeles, CA, 90057 $999,999 5 2 2,248 2,248 SqFt
2731 Beverly Boulevard, Los Angeles, CA, 90057 $8,895,000 66 -- 24,795 24,795 SqFt
314 S Coronado Street, Los Angeles, CA, 90057 $1,100,000 4 -- 2,340 2,340 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/19/2026 @ 02:56

MLS: 26843647 LISTED BY: Joshua Cohen, Keller Williams Realty 310-375-3511 SOURCE: CRMLS

Selling? Save $167,201 when you sell a home like this

Tour with a ByOwner Agent