534 S Coronado Los Angeles, CA $ 2,730,000
534 S Coronado
$ 2,730,000
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534 S Coronado

Los Angeles, CA, 90057
$ 2,730,000
Baths1.0 Sq 11,430

Monthly Estimate*

$ 16,809

Listed by Equity Union
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,730,000 with 1 full bath. This 11,430 square foot home was built in 1924 on a lot size of 0.2939.

Villa Coronado is a well-maintained 14-unit garden-style apartment property located at 534 & 542 S. Coronado Street in the Westlake District of Los Angeles. The property consists of two separate buildings situated on individual APNs and offers classic architectural character and functional site design. Located on a quiet, tree-lined residential street, the property features mature landscaping, garden pathways, and landscaped seating areas that contribute to a private and cohesive residential setting. Constructed in 1922 and 1924, the two wood-frame buildings feature flat roofs and smooth stucco exteriors consistent with early Los Angeles architectural design. The property contains approximately ±11,430 square feet of residential living area across two parcels totaling ±12,804 square feet and is zoned LAR3. The unit mix includes (2) studio units, (10) one-bedroom units, (1) two-bedroom unit, and (1) two-bedroom plus den unit. Units feature open layouts, high ceilings, natural light, and original architectural details such as crown molding and hardwood-style flooring. Select units include individual hot water heaters and in-unit washer/dryer hookups. Some units feature dual entry points. Parking is accessed from Ocean View Avenue and includes four surface spaces and four enclosed garages. The property has undergone recent improvements and remains well-maintained. The Westlake District is located just west of Downtown Los Angeles and offers convenient access to surrounding neighborhoods, including Koreatown and Hollywood. The area features a diverse mix of historic, mid-century, and modern residential architecture. MacArthur Park serves as a central neighborhood amenity and includes landscaped open space and the Levitt Pavilion, which hosts public programming and live performances. Alvarado Street and Wilshire Boulevard function as key commercial corridors, while Metro rail and bus lines provide connectivity throughout the greater Los Angeles region.

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Multi-Family Active

Price

$ 2,730,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2939

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26000511

Days on Market

7

Features
General
Sewer Public Sewer
Garage Spaces 4
Pool Features None
Year Built 1924
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 293699
Community Features Urban
Additional Parcels Description 5155-030-011
County Los Angeles
Net Operating Income 154941
Operating Expense 129947
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 534 & 542 S. Coronado St. Los Angeles CA 90057
City Los Angeles
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 14
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 12804
Listing Terms Cash Cash to New Loan Conventional Contract
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N true
Rent Control Y/N true
Virtual Tour https://my.matterport.com/show/?m=k8y2u7GbgWo&brand=0 https://youtu.be/YQYAeBHgd08
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 11
Property Sub Type Additional Apartment
Cap Rate 5.68
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Water Source Public
Total Parking 8
Lot Size Area 12804
Number of Buildings 2
Building Area Total 11430
Lot Size Acres 0.2939
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 0
Number of Separate Gas Meters 14
Number of Separate Electric Meters 14
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* Excluded Features
List By
Equity Union

Broker

info@lucrumre.com

Email

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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$2,730,000 Listed Price

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534 S Coronado, Los Angeles, CA, 90057 is a Multi-Family Home for sale at $2,730,000 with 11,430 sqft and a lot size of 0.2939. 534 S Coronado is a studio with 1.0 baths and was built in 1924. The property's zip code is 90057 which is in Los Angeles, CA