Listing Agency: Newmark - Los Angeles

Listed By: David Ghermezian · License #CA Li# #01084422 Show Phone

Source: Nmrk

Added: Apr 16 Changed: Oct 15 Last Checked: Oct 20 at 5:45PM

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Investment Insights

Based on property information with market context.

This for-sale multifamily property at 1132 S Alvarado St includes preliminary plans for 59 units and is identified as being zoned LAC2. The offering is positioned as a development-focused acquisition based on the stated unit plan and zoning designation.

The property is located in Los Angeles, CA 90006. Interested parties can review the preliminary plans and LAC2 zoning details as part of their due diligence.

Key Highlights

• Los Angeles multifamily site at 1132 S Alvarado St
• Preliminary plans for 59 units
• Zoned LAC2

Location Intelligence

Trade Area within ½ mile

4,257

Businesses Nearby

Explore this area Business Placement

Demographics for 90006, CA

58,229

Population

21,475

Households

2.7

Avg Household Size

36

Median Age

22%

College-Educated

63%

High-School Grad

1.9 sq mi

ZIP Area

30,647

Density / Sq Mi

$49,847

Median Household Income

$31,645

Median Earnings

$1,396

Median Rent

$841,900

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - For-sale Los Angeles multifamily site with preliminary plans for 59 units and LAC2 zoning.

Where is this apartment building located?

The property is located at 1132 S Alvarado St Los Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: Los Angeles multifamily site at 1132 S Alvarado St; Preliminary plans for 59 units; Zoned LAC2