Search
Two-Unit Residential Income Property
For Sale
Contact for pricing

229 N Alvarado St, Los Angeles, CA 90026

Two-unit duplex with two-bedroom layouts, including a second bath in the front unit.

Property SizeContact for details
Days on Market121

Property Features for 229 N Alvarado St

General Information

Standard status Active
Property subtype Multifamily
Zoning LAR4

Additional Details

Multifamily Units 2
Listing Agency: Berkshire Hathaway HomeServices
Listed By: Raymond Hernandez · License #CA 01258675
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 5:02AM

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 Berkshire Hathaway HomeServices

Investment Insights

Based on property information with market context.

This two-unit residential income property features two separate homes, with both units offering two-bedroom layouts. The front unit includes a second bathroom, while the second unit provides a two-bedroom configuration.

The property is located at 229 N Alvarado St in Los Angeles, and the offering is described as being on an LAR4 lot, with the seller advising that additional building potential may be available. Prospective buyers should confirm development limits and permitted opportunities with the city.

For investors or owner-occupants, the existing duplex provides rental income capacity while retaining the opportunity to evaluate future development options based on applicable city requirements.

Key Highlights

  • Duplex with two units, each featuring a two‑bedroom layout
  • Front unit includes a second bath
  • Property is identified as an LAR4 lot with potential to build up (verify with the city for full potential)

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service Carpet & Flooring Store Tanning Salon

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,550
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex with two-bedroom layouts, including a second bath in the front unit.
Where is this duplex located?
The property is located at 229 N Alvarado St Los Angeles, CA.
What are key features of this property?
This property features: Duplex with two units, each featuring a two‑bedroom layout; Front unit includes a second bath; Property is identified as an LAR4 lot with potential to build up (verify with the city for full potential)
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message