833 S Alvarado Street, Los Angeles, CA 90057
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
833 S Alvarado Street,Los Angeles, CA 90057
$3,295,000
- 20 Beds
- 18 Baths
- 11,846 sq. ft.
- Multi-family
- Pending
Listed by: joshua cohen
Office: keller williams realty310-375-3511
MLS#:26686025
Source:CRMLS
Price summary
- Price:$3,295,000
- Price per sq. ft.:$278.15
About this home
We are pleased to present our latest listing, 18 units located at 833 South Alvarado Street. This investment opportunity is 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 7.25% Cap Rate and 8.64 GRM, with projected rental upside of about 23% for a new owner! The units are comprised of (2) 2 Bed / 2 Bath units and (16) 1Bed / 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....
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Home facts
- Year built:1968
- Listing ID #:26686025
- Added:125 day(s) ago
- Updated:June 11, 2026 at 08:03 AM
Rooms and interior
- Bedrooms:20
- Total bathrooms:18
- Living area:11,846 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1968
- Building area:11,846 sq. ft.
- Lot area:0.37 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,295,000
- Price per sq. ft.:$278.15
Parking
- Total parking spaces:18
- Parking description:Covered
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