1309 N Coronado Street, Los Angeles, California 90026

Fantastic Investor/Developer Opportunity! Take over two circa 1922 Spanish cottages currently bringing in more than $80,000 a year, or collect income while you make plans to build new. Situated on a beautiful street with mostly single family homes, this lot is one of the few with the ability to build a duplex, plus more opportunities abound. There are no shared walls, separate private entrances and separate gated yards. Each home has 1 bed and 1 bath, hardwood floors, original built in hutches, buffets and linen closets; tiled bathroom with clawfoot tub and shower; ample closet space; restored kitchens with abundant space; stoves, refrigerators and individual washer and dryers included. Central heat and air conditioning. Newer roofs, electrical, plumbing and hot water heaters. Former home of rock and roll guitar legend Tom Waits. Steps from hot spots like Mohawk Bend, Brite Spot, Wood, Bar Bandini, Ohana, The Thirsty Crow and all the local haunts. Plenty of parking on street and a shared parking space.