- – beds
- – baths
- – sqft
- 7,752 sqft lot
- 1909 build
- – on site
This multifamily located in Central LA, Los Angeles, CA 90057 is currently for sale for $1,795,000. 427 S Alvarado Street is a – square foot multifamily with – beds and – baths that has been on Estately for 83 days. This multifamily is in the attendance area of Miguel Contreras Learning Complex - School Of Social Justice, Union Avenue Elementary School, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, John H Liechty Middle School, Belmont Senior High School, Edward R. Roybal Learning Center, Miguel Contreras Learning Complex - Business And Tourism, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, and Ramon C Cortines School Of Visual And Performing Arts.
Last checked:
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Last updated Jun 14, 2025
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MLS# 25529039 —
The Building
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Year Built:1909
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:10976.00
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Total Number Of Units:16
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Multi/Split
Location
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Directions:REDUCED! 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 upgraded with new electrical and roof overlay. Walking distance to Metro Station, retail & transit a high-cash-flow asset with major value-add potential
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Latitude:34.06075400
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Longitude:-118.27451400
The Property
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Property Type:Residential Income
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Zoning:LAC2
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Lot Size Area:7752.0000
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Lot Size Acres:0.1780
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Lot Size SqFt:7752.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5154031016
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Appliances
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Appliances:Dishwasher
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/12/25
Jun 12, 2025
|
Relisted | CRMLS_CA | $1,795,000 | |
6/12/25
Jun 12, 2025
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Pending | CRMLS_CA | $1,795,000 | |
5/28/25
May 28, 2025
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Price Changed | CRMLS_CA | $1,795,000 | -5.3% |