Exceptional 6.3% CAP RATE in the heart of Silver Lake! 1135 Coronado St presents a beautifully maintained 4-unit property combining timeless Spanish-style architecture with strong in-place income in one of Los Angeles' most desirable rental markets. The property features two (2) 2-bedroom, 2-bathroom units, one (1) 2-bedroom, 1-bathroom unit, and one (1) 1-bedroom, 1-bathroom unit. Each spacious, light-filled residence offers privacy and comfort, with its own exclusive outdoor area providing a private-home feel rarely found in multifamily properties. Currently generating approximately $13,100 per month in gross rental income and offered at an attractive 6.3% cap rate, the property provides investors with strong in-place cash flow from day one. The serene, tree-lined backyard provides tenants with additional outdoor space for relaxing, gardening, and entertaining. Ideally located near some of Silver Lake and Echo Park's most popular destinations, including Canyon Coffee, Bacari, Bacetti, The Reservoir, and Echo Park Lake, with convenient access to the 101 Freeway and surrounding neighborhoods. An excellent opportunity to acquire a high-cash-flow multifamily asset in one of LA's most sought-after locations. Seller intends to perform an IRS Section 1031 tax-deferred exchange and requests buyer cooperation. Please do not disturb tenants; contact listing agent for additional information.

Listing courtesy of Daniel Shamooelian of Keller Williams Beverly Hills

Based on information from the The MLS as of 2026-10-06 05:06 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.