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.
Property Details
Property Features
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Jason Tuvia
Exterior Features
Exterior Information:
View: City Lights
Lot Features
Lot Information:
Lot Size: 0.13 Acres
School Info
Assigned Schools Information:
Belmont Senior High School, Public District Grades 9-12
Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
Virgil Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Rosemont Avenue Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions 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.
Price Information
Listing Price Info
Price Summary:
List Price: $1,125,000
Tax Information:
Annual Amount: $5,971
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $138.5K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24385523
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Jason Tuvia
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/16/2024, 12:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 24, 2010
Nov 24, 2010Home Sold
$192,000
Dec 22, 2004
Dec 22, 2004Home Sold
$190,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,971
$492,139
2020
$5,794
$487,093
2019
$5,926
$477,543
2018
$5,803
$468,180
2017
$5,803
$459,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Rosemont Avenue Elementary School
421 Rosemont Ave
Distance between this listing and this school0.17 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.23 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school22.72 miles
Public Magnet Grades 1-5
Middle School
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.98 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.04 miles
Public District Grades 6-8
High School
3
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
3
/10
Contreras Learning Center-Academic Leadership Community
322 Lucas Ave
Distance between this listing and this school1.23 miles
Public District Grades 9-12
2
/10
Contreras Learning Center-Los Angeles School of Global St
322 Lucas Ave
Distance between this listing and this school1.23 miles
Public District Grades 9-12
Assigned Schools
4
/10
Rosemont Avenue Elementary School
421 Rosemont Ave
Distance between this listing and this school0.17 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.23 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school22.72 miles
Public Magnet Grades 1-5
Assigned Schools
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.98 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.04 miles
Public District Grades 6-8
Nearby Schools
4
/10
Vista Charter Middle School
2900 W Temple St
Distance between this listing and this school0.35 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school0.90 miles
Public District Grades 9-12
3
/10
Contreras Learning Center-Academic Leadership Community
322 Lucas Ave
Distance between this listing and this school1.23 miles
Public District Grades 9-12
2
/10
Contreras Learning Center-Los Angeles School of Global St
322 Lucas Ave
Distance between this listing and this school1.23 miles
The neighbors living near this home have an average income of $38,143. Residents of Los Angeles, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 312 N Coronado St
What is the listing price of this property?
The listing price of 312 N Coronado St property is $1,125,000.
What type of property is this?
The property 312 N Coronado St is land located in Los Angeles, California, 90026.
Is this property for sale now?
Active Listing: 312 N Coronado St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 312 N Coronado St are: Rosemont Avenue Elementary School: GreatSchools Rating 4/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10Virgil Middle School: GreatSchools Rating 5/10Studio: GreatSchools Rating 4/10Belmont Senior High School: GreatSchools Rating 3/10Contreras Learning Center-Academic Leadership Community: GreatSchools Rating 3/10Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,971 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 24, 2010 for $192,000. (source: MLS/tax record).
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This home is located at 312 N Coronado St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This home sits on a 0.13 acre lot. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $1,125,000.
In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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