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Real Estate Listing at Properties from The Knight Group LA

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The Knight Group LA

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$3,250,000
47 Days On Site

627 Coronado Terrace
Los Angeles, CA 90026

For Sale|Multi Family|Active
31
Beds
20
Total Baths
11,884
SqFt
$273
/SqFt
1959
Built
County:
Los Angeles
Call Now: 503.200.4823
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503.200.4823
627 Coronado Terrace627 Coronado Terrace627 Coronado Terrace627 Coronado Terrace
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Monthly Payment (Est.)

$14,828
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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 Snapshot
Price 
$3,250,000
Days On Site 
47 Days
Bedrooms 
31
Inside Area (SqFt) 
11,884 sqft
Total Baths 
20
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2966 Acres
Year Built 
1959
MLS® Number 
25549065
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayPrice changed to $3,250,000
2 months agoListing first seen on site
General Features
Acres 
0.2966
Garage 
Yes
Number Of Stories 
2
Parking 
CoveredCarportGarageTandem
Parking Spaces 
20
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
11884
Stories 
Two
Zoning 
LAR3
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Community Features
MLS Area 
C21 – Silver Lake – Echo Park
Listing courtesy of Matthew R. Kanner of Keller Williams Realty Los Feliz
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Based on information from the The MLS as of 2025-07-27 12:20 AM UTC. 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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