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534-542 S Coronado St
Los Angeles, CA 90057 MacArthur Park

$2,375,000 USD

Apartments For Sale • 11,430 SF

Property Details

Property Type Apartments
Total Building Size 11,430 SF
Lot Size 0.29 AC
Building Class C
Year Built 1924
Cap Rate 6.71 %
Zoning LAR3

90 Transit Score

80 Walk Score

                
                    Highlights
                
                                Individually metered for gas and electricity
                            
                                Select units with individual hot water heaters & in-unit laundry hookups
                            
                                Gated onsite parking, including enclosed garages, possible ADU’s
                            
                                Two separate APNs providing operational and future flexibility
                            
                                RUBS income in place to minimize water & sewer utility cost
                            
                                6.71% cap rate & 8.09× gross at asking & priced below replacement cost

Financial Summary (Actual)

Net Operating Income: $159,265 USD (2026)

Cap Rate:	6.71 %
Total Expenses:	$125,436 USD

Amenities

24 Hour Access
Controlled Access
Laundry Facilities
Washer/Dryer Hookup
Kitchen
Refrigerator
Oven
Range
Tub/Shower

Public Transportation

Commuter Rail	Drive	Walk	Distance
	8 min	-	3.5 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	3.8 mi
Transit/Subway	Drive	Walk	Distance
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	11 min	0.6 mi
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	14 min	0.7 mi
Airport	Drive	Walk	Distance
Bob Hope	25 min	-	13.0 mi
Los Angeles International	27 min	-	14.5 mi
Long Beach (Daugherty Field)	34 min	-	23.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Raymond A. Rodriguez IV Lucrum Real Estate Group | Equity Union

534-542 S Coronado St Los Angeles, CA 90057 MacArthur Park