Los Angeles, CA 90057 427 S Alvarado Street
$1,784,000
5 more
Presented By: Sean Namigohar with Lyon Stahl Investment Real Estate, Inc.;
- MLS# 25529039
- 04/23/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 15
Baths • 16
SQFT • 10,976
Home Details
Presented By: Sean Namigohar with Lyon Stahl Investment Real Estate, Inc.;
Interior Features for 427 S Alvarado Street
Bedrooms
Total Bedrooms15
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths16
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 427 S Alvarado Street
Additional Parcels Y/NNo
AppliancesDishwasher
Attached Garage No
Cap Rate6.51
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsREDUCED! A 16-unit building with 15 large 1-bed units and 1 studio. Priced at $163/ft and $112K/unit, delivering a 6%+ cap rate and 8.4 GRM at the asking price. Over 60% upside in rents. Recently upgr
Full Baths
Garage Y/NNo
Gross Income223200.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet7752.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income116094.0
New ConstructionNo
Number Of Units Total16
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1909
Year Built SourceAssessor
ZoningLAC2
Exterior for 427 S Alvarado Street
Building Area Total10976.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.178
Lot Size Area7752.0
Number of Buildings1
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate