402 S Coronado Street, Los Angeles, California 90057, Los Angeles, 90057 - 3 bed, 2 bath
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402 S Coronado Street
Los Angeles, California 90057
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,303Sq Ft
4,648Lot Size
Property Price
LIST PRICE$900,000
SUMMARY
Analysis of 402 S Coronado Street, Los Angeles, California 90057 is currently available with a list price of $900,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1950, this home is well-maintained but highly dated, featuring an original 'retro' kitchen and pink-tiled bathrooms that are over 70 years old. While the addition of central HVAC and a newer stainless steel range provides modern functionality, the property requires significant cosmetic updates and likely system overhauls to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
The property is situated on an R3-1 zoned lot within a Transit Oriented Communities (TOC) area, offering exceptional value-add opportunities for investors or developers to build high-density housing near major transit hubs.
- Prime Centralized Location
Boasting a high level of connectivity, the home is minutes away from Downtown LA, Koreatown, and Silver Lake, with immediate access to Metro rail and bus lines, making it ideal for urban commuters.
- Turnkey Modern Comforts
While retaining its mid-century charm, the home is equipped with essential modern upgrades including central heat and air with a smart thermostat, an ADT security system, and exterior surveillance cameras.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Low-Rated Local Schools
The majority of the assigned and nearby public schools have low performance ratings (ranging from 2 to 4), which may be a deterrent for families prioritizing high-quality public education.
- Compact Living and Lot Size
With only 1,303 square feet of living space on a 4,648 square foot lot, the property offers limited interior room and outdoor area compared to other single-family residences in the broader Los Angeles market.
About 402 S Coronado Street
Charming 1950 mid-century home on a prime Westlake corner lot. This light-filled residence offers 3 bedrooms plus a den and 2 bathrooms, with hardwood floors and tile. The retro kitchen with breakfast area retains its vintage character and includes a gas range and refrigerator; washer and dryer are also included. Central heat and air with smart thermostat keeps things comfortable year-round. An attached 2-car garage and fenced backyard complete the package. Situated on an R3-1 zoned lot in a Transit Oriented Communities area, near Metro rail and bus lines, shops and restaurants, and minutes to Downtown, Koreatown, and Silver Lake. A rare opportunity for owner-users and investors alike. Property is equipped with an ADT security system and exterior surveillance cameras. Bedroom count reflects current configuration. All information deemed reliable but not guaranteed. Buyer to verify all information, permits, square footage, zoning, and development potential with the City.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 4,648 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Lafayette Park Primary Center
Grades K • 0.2 mi
0/10
Charles White Elementary School
Grades 1-5 • 0.3 mi
3/10
Lake Street Primary School
Grades K-1 • 0.5 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,303 | 1,664.159 |
| Lot Size | 4,648 | 6,066.556 |
| Price | $900.0K | $1.35M |
| Price per sq ft | $691 | $806 |
| Built year | 1950 | 1939 |
| HOA | $0 | $278 |
| Days on market | 16 | 55 |
Pricing History
Listed for Sale
Aug 24, 2026
$900,000
Initial Listing
Sold
Mar 25, 2013
$315,000
Public Record