35-Unit Mixed-Use Apartment
725 S Alvarado St Los Angeles, CA 90057
New
For Sale
$4,250,000
2018 repiped and rewired apartment building with fire sprinklers plus ground-floor retail and restaurants.
Days on Market2
Property Features for 725 S Alvarado St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1923
Listing Agency:
(310) 903-0222
Listed By:
Logan Altman
Source:
Elliman
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 4:38PM
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 Logan Altman
Investment Insights
Based on property information with market context.
Alvarado Apartments is a 35-unit mixed-use property that combines 24 residential units and 11 ground-floor commercial spaces. The residential component includes 23 studios and 1 one-bedroom, while the retail component includes two restaurants and additional retail. Built in 1923, the property was fully repiped and rewired in 2018 and has fire sprinklers throughout. On-site parking supports the building’s mixed-use setup.
The property is designated Residential Hotel on C2-2 zoning, with a Transit Oriented Communities and State Density Bonus path that can support added density (buyer to verify development potential). The commercial component provides ground-floor income, and the project is steps to the Metro B/D lines.
For underwriting, the offering includes an in-place cap rate of 6.63% that rises to a 7.65% pro forma. The bikeScore is 78 and the walkScore is 92, with a transitScore of 100.
The property is designated Residential Hotel on C2-2 zoning, with a Transit Oriented Communities and State Density Bonus path that can support added density (buyer to verify development potential). The commercial component provides ground-floor income, and the project is steps to the Metro B/D lines.
For underwriting, the offering includes an in-place cap rate of 6.63% that rises to a 7.65% pro forma. The bikeScore is 78 and the walkScore is 92, with a transitScore of 100.
Key Highlights
- 35‑unit mixed‑use building with 24 residential units (23 studios + 1 one‑bedroom) and 11 ground‑floor commercial spaces
- Repiped and rewired in 2018, with fire sprinklers throughout
- Residential Hotel designation on C2‑2 zoning with Transit Oriented Communities and State Density Bonus path
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - 2018 repiped and rewired apartment building with fire sprinklers plus ground-floor retail and restaurants.
Where is this apartment building located?
The property is located at 725 S Alvarado St Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 35‑unit mixed‑use building with 24 residential units (23 studios + 1 one‑bedroom) and 11 ground‑floor commercial spaces; Repiped and rewired in 2018, with fire sprinklers throughout; Residential Hotel designation on C2‑2 zoning with Transit Oriented Communities and State Density Bonus path
