559 S Coronado, Los Angeles, California 90057, Los Angeles, 90057 - 0 bed, 0 bath
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Los Angeles, California 90057
Analysis of 559 S Coronado, Los Angeles, California 90057 is currently available with a list price of $1,099,000. 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.
Property is moderate renovation needed.
The property was built in 1922, making it over 100 years old. While the exterior appears maintained, the description notes it 'likely requires significant capital expenditures for ongoing maintenance, repairs, and potential modernization.' The absence of interior images, particularly for kitchens and bathrooms, suggests these areas, along with other systems and finishes, are likely outdated and would require updates to meet modern standards, aligning with the 'Fair' condition criteria of being aged but maintained with functional components showing signs of being outdated.
This property is a quadruplex, offering four separate 1-bedroom, 1-bathroom units, providing immediate rental income and strong investment potential.
Centrally located near MacArthur Park and Koreatown, offering excellent access to Downtown LA, public transit, and a vibrant mix of dining and shopping.
The LAR4 zoning designation is ideal for multifamily development or a long-term hold strategy, providing significant future upside potential.
As a 1922-built property, it likely requires significant capital expenditures for ongoing maintenance, repairs, and potential modernization to meet contemporary standards and tenant expectations.
All four units are configured as 1 bedroom/1 bathroom, which may limit the potential tenant pool and restrict rental income compared to properties offering a mix of larger unit sizes.
The property has undergone a recent price reduction from $1.199M to $1.099M, which could indicate initial overpricing or market resistance, potentially affecting perceived value or requiring further negotiation.
Charming 1920s Quadruplex in Prime Los Angeles Location – 559 S Coronado St This classic 1922-built quadruplex offers a rare investment opportunity in the heart of Los Angeles. With 3,175 sq ft of living space across four spacious units, each featuring 1 bedroom and 1 bathroom, this property blends vintage charm with income-generating potential. Property Highlights: Address: 559 S Coronado St, Los Angeles, CA 90057 Units: 4 (1 bed / 1 bath each) Total Living Area: 3,175 sq ft Lot Size: 4,318 sq ft Zoning: LAR4 – ideal for multifamily development or long-term hold Located near MacArthur Park and Koreatown, this centrally positioned property offers easy access to DTLA, public transit, and a vibrant mix of dining and shopping. Whether you're an investor looking to expand your portfolio or a buyer seeking a live-in income property, this quadruplex delivers flexibility and upside.
No exterior & parking available.
Grades 1-5 • 0.2 mi
Grades K • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1922 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jan 20, 2026
$1,099,000
$1,199,000
-8% Price Drop
Initial Listing
Nov 7, 2025
$1,199,000
Initial Listing