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

427 S Alvarado St
Los Angeles, CA 90057
Reduced Price - 6.84 Proforma GRM - 16 Units · Multifamily Property For Sale · 16 Units

Investment Highlights

  • Amazing 6.84 Proforma GRM
  • Ability to Purchase Adjacent +/-22,500sf of Land
  • Opportunity Zone Location
  • 74% Rental Upside
  • Located within 2 Blocks of Metro Rail Line

Property Facts

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 10,976 SF
Average Occupancy 94%
No. Stories 2
Year Built 1909
Zoning C2-1 TOC Tier 3 - Commercial

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Heating
  • Oven

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 15 $1,085 -
Studios 1 $904.00 -

Property Taxes

Property Taxes

Parcel Number
5154-031-016
Land Assessment
$1,623,648
Improvements Assessment
$378,850
Total Assessment
$2,002,498
  • Listing ID: 27070213

  • Date on Market: 11/8/2022

  • Last Updated:

  • Address: 427 S Alvarado St, Los Angeles, CA 90057

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