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312 N Coronado St, Los Angeles, CA 90026
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312 N Coronado St Los Angeles, CA 90026

$1,125,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$1,125,000 Get Pre-Qualified
Map preview of 312 N Coronado St, Los Angeles, CA 90026

Property Overview: 312 N Coronado St Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 5,839 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to present a 5,837 square foot (SF) vacant lot located at 312 N Coronado Street in Los Angeles, California. The subject property is located in a good South Echo Park location just down the street from Echo Park Lake, north of Temple Street and west of Alvarado Street. This offering is positioned on one (1) parcel totaling 5,837 square feet (SF) of land with a zoning ordinance of LAR3-1VL. This allows for seven (7) units by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited process to 100% affordable developments. If used in conjunction with the State Density Bonus code 65915-65918, an ED1 project would have no maximum density, an allowance of three (3) additional stories, thirty-three (33) additional feet in height, and no parking requirement due to AB 2097. Five (5) additional concessions or incentives are granted under the State Density Bonus program. There is potential to stack these incentives with other programs such as TOC or the Los Angeles Density Bonus program, Buyer to verify. The subject property is currently a flat, vacant lot ready for immediate entitlements. The site was demolished in 2017, there are no residential units to replace. Tenants will enjoy being within close proximity to Dodger Stadium, Echo Park, Paramount Pictures Studios, and Chinatown. This, in conjunction with easy access to major employment hubs via the -101 and -110 freeways, attracts an ideal market for young professionals. Positioned in a good South Echo Park location, this offering presents an excellent opportunity for an astute developer to capitalize on maximizing density and income with ED1 in a core market of Los Angeles.

Listed by Jason Tuvia | BRE #01772495 | Marcus & Millichap
Last checked: 3 minutes ago | Last updated: May 7th, 2024 | Source CRMLS | DOM: 18
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Home details

Lot Sq. Ft
5,839
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
24385523
City
Los Angeles
County
Los Angeles
Time on Site
21 days

Open Houses for 312 N Coronado St

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Property Details for 312 N Coronado St

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Value In Land
Property Information
  • Has View
  • View: City Lights
  • Parcel Number: 5157006008
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: The subject property is located in a good South Echo Park location just down the street from Echo Park Lake, north of Temple Street and west of Alvarado Street.
View more facts & features

Local Los Angeles Agent

Sale History for 312 N Coronado St

Last sold on March 30th, 2016

  • April, 2024

  • Apr 29, 2024

    Date

    Active

    CRMLS: 24385523

    $1,125,000

    Price

  • September, 2023

  • Sep 1, 2023

    Date

    Expired

    CRMLS: 23238395

    $1,200,000

    Price

  • Feb 2, 2023

    Date

    Active

    CRMLS: 23238395

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity to develop a VACANT AND FLAT 5,800 SF R3 lot in Echo Park. Build 7 units by right or use Tier 2 TOC to develop more units. Seller also has plans to build 2-story building with 4 units, each 3BR+Den/3BA and with parking at ground level and rooftop deck. Plan are currently in plan check and to be sold as-is. Plans are available upon request. Drive by and make an offer.

  • September, 2022

  • Sep 1, 2022

    Date

    Expired

    CRMLS: 22130411

    $1,350,000

    Price

  • Feb 23, 2022

    Date

    Active

    CRMLS: 22130411

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity to develop a VACANT AND FLAT 5,800 SF R3 lot in Echo Park. Build 7 units by right or use Tier 2 TOC to develop more units. Drive by and make an offer.

  • March, 2016

  • Mar 30, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2010

  • Nov 24, 2010

    Date

    Sold (Public Records)

    Public Records

    $192,000

    Price

  • November, 2010

  • Nov 24, 2010

    Date

    Sold

    CRMLS: 12140240

    $192,000

    Price

  • Aug 13, 2010

    Date

    Active

    CRMLS: 12140240

    $199,000

    Price

  • Listing provided courtesy of CRMLS

    Owner user Property needs lot's of work. Long term tenants. Rent control.

  • October, 2007

  • Oct 30, 2007

    Date

    Expired

    CRMLS: M07138407

    $650,000

    Price

  • Sep 19, 2007

    Date

    Active

    CRMLS: M07138407

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Great Units, great part of Los Angeles,Quick Access To Major Interstate, all three units in good shape, all units are 1 bed 1 bath, 2 parking spaces, large patio great for entertaining, seller willing to credit buyer with $10,000 Towards closing costs...

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Tax History for 312 N Coronado St

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $487,093 -- --

Home Value Compared to the Market

This property vs the competition

312 N Coronado St is listed 10% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000.

About 312 N Coronado St

Detailed summary of property

312 N Coronado St is a land located in Los Angeles, CA 90026 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 5,839 square foot lot. 312 N Coronado St was first listed on ArdentRealEstateGroup.com on April 29, 2024. The homeowner is currently asking $1,125,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 10% lower than the median priced home. Local competing homes currently for sale include 1150 N Kingsley Dr, 2412 Valley View Dr and 2501 El Rosa Dr. While the average home in Los Angeles, CA is selling in 92 days, 312 N Coronado St has a days on market of 18 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 312 N Coronado St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 312 N Coronado St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
5,837
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5157-006-008

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
73
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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