155 S Alvarado Street
Los Angeles, CA 90057
- – beds
- – baths
- – sqft
- 8,153 sqft lot
- 1923 build
- – on site
Located in one of the prime areas in Los Angeles, this property offers a fantastic investment potential. Situated in a sought-after location, it holds a C2-1 zoning and an impressive 8,150 sq ft lot. The possibilities here are endless. You have the option to add two additional ADUs (Accessory Dwelling Units) or completely redevelop the property. There is also an option to rehab the existing units and increase your income by a staggering 73%. What's even better, this property qualifies for the Transit Oriented Communities (TOC) Tier 2 and Executive Directive 1 (ED 1) programs, making it an ideal choice for those interested in smart and sustainable development. The location itself is a dream. Nestled in the vibrant Westlake/Echo Park/Downtown area, you'll have easy access to mass transit options, coffee houses, restaurants, bars, museums, theaters, galleries, parks, and everything else that L.A. has to offer. And let's not forget about the breathtaking city and DTLA skyline views! Before making an offer, it's important to conduct your due diligence.
Listed By CRMLS_CA / Jacob Kesherim / Keller Williams Beverly Hills
Last checked:
Checking…
•
Last updated Aug 7, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# 24361639 —
This property is listed in more than one place. See it here, and here, and here.
The Building
-
Year Built:1923
-
Year Built Source:Assessor
-
New Construction:No
-
Construction Materials:Stucco
-
Building Area Total:5440.00
-
Total Number Of Units:4
-
# of Buildings:1
-
Architectural Style:See Remarks
-
Stories Total:2
-
Entry Level:1
-
Faces:East
Interior
-
Features:Ceiling Fan(s)
-
Levels:Two
-
Entry Location:Ground Level w/steps
-
Window Features:Garden Window(s)
-
Fireplace:No
-
Fireplace:None
-
Laundry:None
-
Laundry:1
Financial & Terms
-
Disclosures:Rent Control
Location
-
Directions:This stunning investment is located in a prime location, just 0.5 miles south of the 101 Freeway. It's situated in a fabulous neighborhood, south of Beverly Blvd, north of W 3rd St, west of the 110 Freeway, and east of Vermont Ave.
-
Latitude:34.06539400
-
Longitude:-118.27152900
The Property
-
Property Type:Residential Income
-
Property Condition:Fixer, Repairs Cosmetic, Repairs Major
-
Zoning:LAC2
-
Lot Features:Back Yard, Front Yard, Landscaped, Lawn, Value In Land, Yard, Rectangular Lot
-
Lot Size Area:8153.0000
-
Lot Size Dimensions:136x60
-
Lot Size Acres:0.1872
-
Lot Size SqFt:8153.00
-
Lot Size Source:Assessor
-
Lot Dimensions Source:Assessor
-
View:1
-
View:City Lights
-
Security Features:Window Bars, Fire and Smoke Detection System, Gated Community
-
Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Rate:1.25
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5154008014
Heating & Cooling
-
Heating:1
-
Heating:Forced Air
Utilities
-
Sewer:Other
Appliances
-
Appliances:Dishwasher, Refrigerator
-
Included:Yes
The Community
-
Association:No
-
Pool:None
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Side by Side, Shared Driveway, Private, Paved, Assigned, Covered, Concrete, Driveway
-
Parking Spaces:6.00
-
Garage Spaces:4.00
-
Uncovered Spaces:1.00
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 |
---|---|---|---|---|
8/6/24
Aug 6, 2024
|
Price Changed | CRMLS_CA | $1,500,000 | -11.8% |
6/4/24
Jun 4, 2024
|
Price Changed | CRMLS_CA | $1,700,000 | -10.5% |
4/12/24
Apr 12, 2024
|
Price Changed | CRMLS_CA | $1,900,000 | -5.0% |