SOLD UPDATE: Dana Coronado & Robyn Bolden sold the Beaudry Avenue Triplex in Chinatown for $1,030,000! They represented the Seller exclusively and after multiple offers and strategic negotiations, were able to successfully close. They are now assisting the Seller with a 1031 Exchange and look forward to assisting with the transaction for the replacement property.
The Coronado Real Estate Group is pleased to present the Beaudry Avenue Triplex a rare value-add opportunity in a prime location!
This enormous property consists of 4,200 SF split between a 1,600 SF home with 3 bedrooms and 1 and a half baths, and a detached 2600 SF duplex with (1) 4 bedroom, 2.5 bath apartment and (1) 2 bedroom, 1 bath apartment. Separately metered for gas & electric, fit with AC & heating units and situated on a fully fenced 7,000 SF lot with parking for each unit! Built in 1929 the front home features charming character details, arched doorways and a private front porch. Built in 1971 the two story duplex includes large bedrooms and open floor plans with amazing views of the DTLA skyline.
Plus, the 4 bedroom apartment will be delivered vacant! The apartment, which has a private laundry room and attached one-car garage provides tenants with the layout they are looking for in this bustling community. This spacious apartment has 3 bedrooms + 1.5 baths downstairs and 1 bedroom, 1 bath and living room upstairs with a separate entrance, an ideal layout for either multigenerational living or a live-work space!
Located approximately 1 mile or less from the Disney Concert Hall, Echo Park Lake and Dodger Stadium, this property provides a neighborhood feel with access to all that Los Angeles has to offer! It is also easily accessible by the 101 & 110 freeways and public transportation including Union Station. The value here is undeniable, with the large size, location and vacant 4 bedroom apartment, this property has huge upside potential and will not be available for long!
Pro-Tip: Check out the Winsome, a new restaurant located in The Elysian a block away! Chef Jeremy Strubel explains, “It’s definitely L.A. cuisine, focused on all the great products we have here, and all the diversities we have in the kinds of food.”
*All information provided is to be deemed reliable but not guaranteed. Buyer to independently verify all information and complete independent investigations to their own satisfaction.