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Zoned Multifamily Development Site
For Sale
$1,900,000

1132 S Alvarado St Los, Los Angeles, CA 90006

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

Days on Market109

Property Features for 1132 S Alvarado St Los

General Information

Standard status Active
Property subtype Land
Zoning LAC2
Listing Agency: Newmark - Los Angeles
Listed By: David Ghermezian · License #CA Li# #01084422
Source: Nmrk
Added: Apr 16 Changed: Jul 23 Last Checked: Jul 23 at 12:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Los Angeles

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

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Tanning Salon Clothing & Fashion Store Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,731
Businesses Nearby

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
Rey
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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
More about this property
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