414 S Coronado, Los Angeles, California 90057, Los Angeles, 90057 - 0 bed, 0 bath
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414 S Coronado
Los Angeles, California 90057
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,744Sq Ft
8,592Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$990,238
SUMMARY
This four-plex presents a High-Potential Investment Opportunity with a List Price of $995,000—positioned slightly above the $990,239 Fair Market Value. Despite the minor premium, the property offers significant long-term upside through its 8,592 square foot lot and exceptional parking capacity of nine total spaces. With a Condition Rating of 3, the units feature modern kitchen updates and separate utility meters. This asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income in a high-demand corridor.
Estimated Market Value
$990,238
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 414 S Coronado Subject 0 bd · 0 ba · 2,744 sqft · $361 | $995,000* List Price | 0 | 0 | 2,744 | $361 | - |
A 559 S Coronado Active 0 bd · 0 ba · 3,175 sqft · $330 · 0.1 mi | $1,049,000 List Price | 0 | 0 | 3,175 | $330 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the property was built in 1923, the interior has been significantly updated with a modern kitchen featuring white shaker cabinets, stainless steel appliances, and recessed lighting. The living areas have newer laminate flooring and fresh paint, making the units move-in ready. While the exterior pavement and facade show some age-related wear, the presence of separate utility meters and renovated interiors aligns with the 'Good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Investment Location
Situated in a high-demand rental corridor between Downtown LA and Koreatown, the property is perfectly positioned to benefit from the area's ongoing urban development and growth.
- Exceptional Parking Capacity
Rare for a 1920s-era multi-family asset, the property features four garages and five additional parking spaces, providing a significant competitive advantage for tenant retention and potential extra income.
- Development Potential
The oversized 8,592 square foot lot offers substantial space for potential ADU (Accessory Dwelling Unit) additions or future redevelopment, maximizing the long-term value of the land.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
With a construction date of 1923, the property likely requires significant capital expenditure for system upgrades and ongoing maintenance to meet modern tenant expectations.
- Compact Unit Footprints
The total building size of 2,744 square feet across four units results in relatively small average living spaces, which may limit the ceiling for market-rate rent increases.
About 414 S Coronado
LOCATION, POTENTIAL and OPPORTUNITY! Four plex is in a desirable and high demand rental area seeing development and growth! This Property is conveniently located close to Downtown LA and Koreatown! The property 8592 square feet lot. There are two single units and 2 bedrooms and 1 bath on the first floor. The second floor has one 2-bed, 1-bath unit. The 2-bed units are equipped with a washer and dryer. The back yard has four garages and five parking spaces Each unit has separate gas and electric meters. Sold as is.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1923
- Lot Size
- 8,592 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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
Macarthur Park Elementary School For The Visual And Performing Arts
Grades K-5 • 0.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,744 | 2,090.331 |
| Lot Size | 8,592 | 5,852.908 |
| Price | $995.0K | $830.9K |
| Price per sq ft | $363 | $394 |
| Built year | 1923 | 1928 |
| HOA | $0 | $0 |
| Days on market | 26 | 87 |
Pricing History
Listed for Sale
Oct 14, 2026
$995,000
Initial Listing
Sold
Jul 29, 2014
$675,000
Public Record
Sold
Jan 14, 2005
$545,000
Public Record
Sold
Jun 12, 2002
$284,000
Public Record
Sold
Apr 27, 2001
$155,000
Public Record