Property Detail

1135 Coronado

Los Angeles CA 90026

$2,000,000

Status: Active

Property Details

Description

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 $12,525/month & 5.8% 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!

Map Location

Listing provided courtesy of Daniel Shamooelian of Keller Williams Beverly Hills. Last updated 2026-03-18 08:11:28.000000. Listing information © 2025 CRMLS.

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"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

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