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833 S Alvarado Street, Los Angeles, CA 90057

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For Sale

$3,750,000

3 beds3 baths11,846 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $316.56
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

833 South Alvarado Street is an 18-unit investment opportunity 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 6.03% Cap Rate and 10.44 GRM, with projected rental upside of about 31% for a new owner! The units are comprised of (2) 2 Bed / 2 Bath units and and (16) 1 Bed / 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.
MLS# SB24098700

Courtesy Of Keller Williams Beach Cities

(310) 939-9300

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

Home seller CENTURY 21 Realty Masters

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty Masters

(562) 677-1800
Learn More About Us

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