We are pleased to present our latest listing, 18 units located at 833 South Alvarado Street. This investment opportunity is positioned between Koreatown, Silver Lake, and MacArthur Park, with terrific access to Downtown and the rest of Los Angeles! This investment is priced to sell at a current 6.93% Cap… Read More Rate and 9.05 GRM, with projected rental upside of about 26% for a new owner! The units are comprised of (2) 2 Bed / 2 Bath units and and (16) 1Bed / 1 Bath units. The building is 11,846 square feet and the units are large, averaging about 650 square feet each, and many have access to private patios. The grounds also feature onsite laundry and secure parking for all units. Soft-story seismic retrofit work has also been completed, and units are individually metered for gas and electricity. With a terrific walk score of 96, the property is surrounded by many great amenities, allowing tenants to accomplish most errands and daily tasks on foot, cutting down on the need for parking. Transit options are also exceptional, with terrific access to bus stops and metro rail lines. Read Less
Courtesy of Keller Williams Realty 310-375-3511
Listing Snapshot
Days Online
9
Last Updated
Property Type
Other
Beds
20
Square Ft.
11,846
Lot Size
0.37 Acres
Year Built
1968
MLS Number
25575981
30 Days Snapshot Of 90057
$365k
0%
(avg) sold price
84
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
11,846 sq ft, Built in 1968, Levels: Two
Cooling
None
Disclosures
None
Garage
Covered Parking
Heating
Forced Air
Laundry
Laundry Area
Lot
LotAcreage: 0.3722, LotSizeArea: 16,215
Parking
TotalParking: 18
Property
NumberOfUnits: 18, Zoning: LAC2
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