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406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
406 S Coronado Street, Los Angeles CA 90057
California>Los Angeles>Macarthur Park

406 S Coronado StreetLos Angeles, CA 90057

For Sale

$2,295,000

Smart Buyer Rebate $22,950

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) 1-bed/1-bath units and (1) studio. The property offers immediate income upside through lease-up of two vacant 1-bedroom units and significant mark-to-market rent growth, with average in-place rents approximately 48% below market. Zoned LAR4 with potential to build up to 8 ADUs under AB1211, providing long-term density and income expansion. Offered at $2,295,000 ($176,538/unit | $367/SF) with a 7.17% in-place cap rate and 11.33% pro forma cap rate, further enhanced by 3.85% assumable financing, laundry, RUBS, and ancillary income.

Listed by Taylor Avakian

·

License #02060040

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Lyon Stahl Investment Real Estate, Inc.

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916-996-4421

Last updated January 27, 2026

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Source: CRMLS #26643727

Listing Facts

  • TypeMulti-family
  • NeighborhoodMacarthur Park
  • Days on Prevu3
  • Size6,250 sqft
  • Price per sqft$367

Location

Mortgage Calculator

Listing History

01/27/2026
Listed by Lyon Stahl Investment Real Estate, Inc.
$2,295,000

Property Details for 406 S Coronado Street

Exterior

Construction

  • Number Of Units Total: 13
  • Year Built: 1922

Measurements

  • Building Area Total: 6,250
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,734
  • Lot Size Square Feet: 7,734
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.17
  • Gross Income: $242,092.00

Taxes

  • Parcel Number: 5155031017

Interior

Features

  • Appliances: Microwave
  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 6,250

Rooms

  • Bathrooms Total Integer: 12

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Combination
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 406 S Coronado Street.

How does 406 S Coronado Street compare to other multi-family homes in Macarthur Park?

This multi-family home is listed 34% below the average price for multi-family homes in Macarthur Park and has been on the market for 71 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 6,250 sqft.

406 S Coronado Street is a -bedroom multi-family home for sale in Los Angeles CA 90057. Listed on Prevu for 3 days at $2,295,000. This residence features 6,250 square feet of living space, located in Macarthur Park. The median listing price for multi-family homes in this area is $785,000. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.