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Nestled in the vibrant heart of Silver Lake, 1135 Coronado St offers a beautifully maintained 4-plex that combines timeless Spanish-style architecture with modern urban living. This property features four spacious, light-filled units, each designed for privacy and comfort, with ample space that feels like a private home. Every unit comes with its own exclusive outdoor area, ideal for relaxing or entertaining. The property includes two (2) 2-bedroom, 2-bathroom units, one (1) 2-bedroom, 1-bathroom unit, and one (1) 1-bedroom, 1-bathroom unit, making it a fantastic opportunity for both owner-users and investors. Live in one unit and rent out the others, or add this gem to your investment portfolio. Currently, the property generates a steady income of $12,160/month & 5.32% Cap Rate, providing reliable cash flow for an owner. The serene, tree-lined backyard offers tenants a tranquil retreat, perfect for morning coffee, gardening, or hosting weekend gatherings. Located just steps away from Silver Lake's most favorite spots, including Canyon Coffee, Bacari, Bacetti, The Reservoir, and Echo Park Lake. Furthermore, the property is ideally situated near the 101 Freeway and other transportation options. Don't miss out on this rare opportunity to own a piece of one of LA's most sought-after neighborhoods! Please note, the seller intends to perform an IRS Section 1031 tax-deferred exchange and requests the buyer's cooperation. Please do not disturb current tenants; contact the listing agent for further details!
Property Type(s):
Residential Income
| Last Updated | 5/30/2025 | Year Built | 1921 |
|---|---|---|---|
| Community | C21 - Silver Lake - Echo Park | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | C21 - Silver Lake - Echo Park |
| HEAT | Central, Wall Furnace |
| LOT | 7183 sq ft |
| PARKING | Driveway |
| STORIES | 2 |
Location
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Listed with Keller Williams Beverly Hills
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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