Property Details
About this Property
Prime RTI Development Opportunity in the heart of Los Angeles’ rapidly evolving Westlake neighborhood. The property sits on a 5,593 sq ft lot and comes with RTI (Ready-To-Issue) plans for a 7-unit multifamily development, allowing investors to bypass lengthy entitlement timelines and move directly into construction. Unit mix is the following: 4 units being 2bed/1bath and 3 units being 2bed/2baths. Ideally located just minutes from Downtown LA, Silver Lake, and Echo Park, the property benefits from strong rental demand and proximity to major employment centers. Residents will enjoy easy access to Metro lines at Westlake/MacArthur Park. The area is rich with dining, shopping, and entertainment options, making it highly desirable for tenants. The existing structure offers flexibility for interim use while preparing for development. With approved plans in place, this is a rare chance to secure a centrally located asset with significant upside potential in one of LA’s most active rental markets.
MLS Listing Information
MLS #
CRWS26065785
MLS Source
California Regional MLS
Days on Site
1
Interior Features
Bedrooms
Other
Fireplace
Family Room
Laundry
In Laundry Room
Cooling
Central Forced Air
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 1 Car(s)
Elementary District
Los Angeles Unified
High School District
Los Angeles Unified
HOA Fee
$0
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
284 S Coronado is a Single Family Residence in Los Angeles, CA 90057. This 2,636 square foot property sits on a 5,593 Sq Ft Lot and features 5 bedrooms & 2 full bathrooms. It is currently priced at $1,295,000 and was built in 1900. This address can also be written as 284 S Coronado, Los Angeles, CA 90057.
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This listing information is up-to-date as of March 26, 2026. For the most current information, please contact DAVID MEDINA, (323) 369-7705
