284 S Coronado, Los Angeles, CA 90057

• 5 beds |
• 2 baths |
• 2,636 sqft

Property Description

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 LAs most active rental markets.

Listing Status:

Active

Date Added:

March 25, 2026

Data Last Updated:

April 1, 2026 at 11:11PM

Listing Office:

AFD REALTY, INC. : 310-994-2569

Listing Agent:

DAVID MEDINA : 323-369-7705

MLS ID:

WS26065785

Interior

• A/C: Central Forced Air
• Fireplace: FP in Family Room

Exterior

• Pool: N/K
• Parking: Parking spaces: 1

Construction

• General: 2

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: 5155033008
• View: City Lights

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: California Regional MLS