627 Coronado Terrace
Los Angeles, CA 90026
Map
- – beds
- – baths
- – sqft
- 12,921 sqft lot
- 1959 build
- – on site
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.
Last checked:
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Last updated Jun 9, 2025
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MLS# 25549065 —
The Building
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Year Built:1959
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:11884.00
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Total Number Of Units:20
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Located in the Echo Park submarket of Los Angeles just 2 blocks south of Sunset Blvd, 4 blocks west of Alvarado St, 3 blocks north of Temple St and 3 blocks east of Benton Way.
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Latitude:34.07542200
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Longitude:-118.27052200
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:12921.0000
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Lot Size Dimensions:92x140
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Lot Size Acres:0.2966
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Lot Size SqFt:12921.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5402022023
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Carport, Covered, Uncovered, Tandem Garage
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Parking Spaces:20.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/9/25
Jun 9, 2025
|
Listed / Active | CRMLS_CA | $3,575,000 |
