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627 Coronado Terrace, Los Angeles, CA 90026
    For Sale
    $3,575,000

    627 Coronado Terrace
    Los Angeles, CA 90026

    31 Beds • 20 Baths• 11,884 sqft
    MLS #25549065
    We are pleased to present 627 Coronado Terrace, a 2-story, 20-unit value-add multi-family investment opportunity. The property is located in the highly desirable Echo Park submarket of Los Angeles, just 0.3 miles from Sunset Blvd, and 0.6 miles east of Silver Lake Blvd. Built in 1958, the building is comprised of 11 (2+1) and 9 (1+1) units that average approximately 594 gross square feet. The 11,884 square foot structure is situated on a 12,921 square foot, LAR3-1VL zoned lot and contains 20 parking spaces on-site. The property is separately metered for gas & electric and contains an on-site laundry room. The property is undergoing a system-wide electrical subpanel upgrade within the units. The new subpanels are interior-mounted, clearly labeled to identify serviced areas, and are expected to have a remaining useful life of 35+ years once fully installed. The Soft-Story Retrofit work has been completed. Nestled between Elysian Park, Elysian Valley, Silver Lake, and Chinatown, EchoPark is one of Los Angeles' most sought-after neighborhoods celebrated for its cultural diversity, architectural charm, and quintessential L.A. living. Boasting a Walk Score of 85, the property is ideally located just 0.9 miles from the vibrant interseciton of Sunset Blvd and Echo Park Ave intersection and 0.6 miles from the iconic Echo Park Lake. Residents enjoy seamless access to countless array of shopping, dining, entertainment, and outdoor recreation. Centrally positioned for commuter convenience, the property is 2.3 miles south of the 5 freeway, 1.5 miles south west of the 2 freeway, 0.2 miles north of the 101 and 1.7 miles west of the 110. This strategic location places the property at the heart of one of L.A.'s most dynamic and connected neighborhoods. 627 Coronado Terrace is well-positioned for a skilled value-add investor to implement a high-end unit/common area renovation program optimizing market rents, appreciation, and future returns.
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    Listing Agent: Matthew R. Kanner | Office: Keller Williams Realty Los Feliz
    INTERIOR FEATURES
    • Bedrooms: 31
    • Bathrooms: 20
    • Garage: Yes
    EXTERIOR AND BUILDING
    • Lot Size: 0.30 acres
    • Built in: 1959
    • Stories: 2
    COMMUNITY AND NEIGHBORHOOD
    • Location:
    • County: Los Angeles
    PARKING
    • Parking Features: Covered, Carport, Garage, Tandem, Uncovered
    SOURCES
    • MLS Information:
    • Listing Agent: Matthew R. Kanner
    • Days on Market: 19
    • MLS ID: 25549065
    • MLS Name: CRMLS
    • MLS Area: C21 - Silver Lake - Echo Park
    • Last Modified: 5 days ago
    • Office Name: Keller Williams Realty Los Feliz
    • Broker MLS ID: CLW-X74016
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    Josephine & Raj Sharma
    Legacy Homes Realty- Local REALTOR®
    Advertising Agent:
    Josephine & Raj Sharma
    Legacy Homes Realty- Local REALTOR®
    Listing Agent:
    Matthew R. Kanner
    Keller Williams Realty Los Feliz
    Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-28 01:34:02 (GMT / UTC +0) 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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