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Property Detail

Property Detail

Property Detail

284 Coronado, Los Angeles, CA 90057

284 Coronado, Los Angeles, CA 90057

$1,295,000 LOGIN TO SAVE

Bedrooms: 5

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Bathrooms: 2

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Area: 2636 SqFt.

    Description

    Prime RTI Development Opportunity in the heart of Los Angeles’ rapidly evolving Westlake neighborhood. The property sits on a 5,593 sq ft lot and comes with RTI (Ready-To-Issue) plans for a 7-unit multifamily development, allowing investors to bypass lengthy entitlement timelines and move directly into construction. Unit mix is the following: 4 units being 2bed/1bath and 3 units being 2bed/2baths. Ideally located just minutes from Downtown LA, Silver Lake, and Echo Park, the property benefits from strong rental demand and proximity to major employment centers. Residents will enjoy easy access to Metro lines at Westlake/MacArthur Park. The area is rich with dining, shopping, and entertainment options, making it highly desirable for tenants. The existing structure offers flexibility for interim use while preparing for development. With approved plans in place, this is a rare chance to secure a centrally located asset with significant upside potential in one of LA’s most active rental markets.

    Features​

    • 0.13 Acres
    • 2 Stories

    Steve and Diana Lincoln

    Call or Text Steve: (760) 707-6033​​​​​​​​​​​​​​

    ​​​​​​​Call or Text Diana: (760) 707-6034

    Follow Us

    Call or Email Lincoln Realty Group now to inquire about this property.

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    Contact

    CA DRE #01870580

    6965 El Camino Real 105-690, Carlsbad CA 92009

    877.692.8427

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    #1 Agent in Aviara

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2017 Sandicor®, Inc.

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