Villa Coronado is a well-maintained 14-unit garden-style apartment property located at 534 and 542 South 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, operational flexibility, and long-term investment appeal. Villa Cornado appeals to a broad investor audience due to its highly attractive value metrics, strong cash-on-cash return, attractive leverage & loan options, RUBS program offsetting water cost, spacious units, and ±21% rental upside potential. 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 approximately 12,804 square feet and is zoned LAR3. The unit mix includes two studio units, ten one-bedroom units, one two-bedroom unit, and one two-bedroom-plus-den unit. Units feature open layouts, high ceilings, natural light,
MLS #
CRSR26000511
MLS Source
California Regional MLS
Days on Site
81
Laundry
Community Facility
Garage/Parking
Garage: 4 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
534 S Coronado is a Residential Income in Los Angeles, CA 90057. This – square foot property sits on a 12,804 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,375,000 and was built in 1924. This address can also be written as 534 S Coronado, Los Angeles, CA 90057.
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This listing information is up-to-date as of March 16, 2026. For the most current information, please contact Raymond Rodriguez, (866) 582-7865