This Multifamily Property is no longer advertised on LoopNet.com.

1421 Alvarado Ter
Los Angeles, CA 90006
Multifamily Property For Sale · 5 Units

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class B
Lot Size 0.17 AC
Building Size 3,997 SF
Average Occupancy 100%
No. Stories 2
Year Built 1903
Parking Ratio 1.5/1,000 SF
Zoning LARD1.5

Amenities

Site Amenities

  • Laundry Facilities

About 1421 ALVARADO TER , LOS ANGELES, CA 90006

Great opportunity to own this fully occupied 5 unit building. Property features (2) 2bedroom 1 bath units and (3) 1 bedroom 1 bath units.Property has copper plumbing, updated electrical, recently retrofitted foundation, Brand new Composition shingle roof, Each unit is separately metered for gas and electric, fire extinquishers throughout the building, onsite laundry, electric gated parking for 6 cars in rear, & completely gated grounds for added occupant security. The property is a Tudor Revival which has been given the "Historic Preservation" designation by the city of Los Angeles. Property was designed by famed architects Morgan & Walls who also constructed the Wiltern & The El Capitan Theaters. Property qualifies for the Mills Act Tax Exemption. Property is located near a park in a great up and coming neighborhood which is great for families with kids.Close to Public transportation, Staples Center, LA Live, And all downtown nightlife. Could be awesome for an owner user. Hurry this one won't last! Drive by Only. Do NOT Disturb tenants!

Property Taxes

Property Taxes

Parcel Number
5135-003-011
Land Assessment
$874,915
Improvements Assessment
$218,727
Total Assessment
$1,093,642
  • Listing ID: 14682381

  • Date on Market: 12/20/2018

  • Last Updated:

  • Address: 1421 Alvarado Ter, Los Angeles, CA 90006

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