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128 N Alvarado St
Los Angeles, CA 90026
A 4 Unit Apartment Community Near Echo Park · Multifamily Property For Sale
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4 Units
Investment Highlights
- Nearly $80K Invested in the Property. Select Units Updated with HVAC, Plumbing, Electrical, Dual-Pane Windows, Furnace, and Kitchen Cabinets
- Four Parking Spaces (Two Tandem) with Gated Entry from the Back of the Subject Property Between Alvarado Street and Mountain View Avenue
- Affordable Rents Compared to the Neighboring Submarkets of Echo Park, Silverlake and Koreatown
- 33 Percent Remaining Rental Upside Through Unit Renovations
- The Property Borders Echo Park, Silverlake, and Koreatown, just 10 Minutes from Downtown LA. With a Walk Score of 86, Most Errands are Walkable
Property Facts
| No. Units | 4 | Building Size | 3,080 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1918 |
| Building Class | C | Parking Ratio | 1.3/1,000 SF |
| Lot Size | 0.11 AC | ||
| Zoning | LAR4 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,080 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1918 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | LAR4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 380 |
| 1+1 | 1 | - | 399 |
| 2+1 | 1 | - | 654 |
| 3+2 | 1 | - | 1,108 |
Property Taxes
| Parcel Number | 5157-021-012 | Improvements Assessment | $261,615 |
| Land Assessment | $852,331 | Total Assessment | $1,113,946 |
Property Taxes
Parcel Number
5157-021-012
Land Assessment
$852,331
Improvements Assessment
$261,615
Total Assessment
$1,113,946
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