427 S Alvarado St | Los Angeles, CA 90057
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- LoopNet Team
427 S Alvarado St
Los Angeles, CA 90057
REDUCED! 16 Unit Building by MacArthur Park · Multifamily Property For Sale · 16 Units
Investment Highlights
- C2-1 TOC Tier 3 Zoning in Opportunity Zone
- 6 Minute Walk to Metro Subway Station and 5 Minute Walk to MacArthur Park
- Can be purchased with the three neighboring properties for 200 feet of frontage
- Walker’s Paradise with Excellent Transit
- One Subway Stop to Downtown - or a 9 Minute Drive - Central to All!
- With the three neighboring properties: Build ±128-137 Units OR Hold Onto the 16 Unit Bldg & Build ±97-103 Units
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 10,976 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1920 |
| 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 | 100% |
| No. Stories | 2 |
| Year Built | 1920 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | $1,026 | - |
| Studios | 1 | $904.00 | - |
PROPERTY TAXES
| Parcel Number | 5154-031-016 | Improvements Assessment | $371,422 |
| Land Assessment | $1,591,812 | Total Assessment | $1,963,234 |
PROPERTY TAXES
Parcel Number
5154-031-016
Land Assessment
$1,591,812
Improvements Assessment
$371,422
Total Assessment
$1,963,234
zoning
| Zoning Code | C2-1 TOC Tier 3 |
| C2-1 TOC Tier 3 |
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