Two-Property Apartment
For Sale
Contact for pricing
Pending
301 & 223 North Alvarado Street, Los Angeles, CA 90026
Two apartment buildings totaling 65 units, both built in 1989, with on-site laundry and gated parking.
Property SizeContact for details
Days on Market124
Property Features for 301 & 223 North Alvarado Street
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
65
Amenities
on-site laundry facilities
gated parking
central HVAC
Building Details
Year Built
1989
Tenancy
Multi
Listing Agency:
NorthMarq Beverly Hills
Listed By:
Bryan Schellinger · License #CA
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 12 at 10:01AM
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 NorthMarq Beverly Hills
Investment Insights
Based on property information with market context.
The Alvarado Collection is a two-property apartment portfolio offering 65 units built in 1989. The portfolio includes 301 North Alvarado with 42 units and 223 North Alvarado with 23 units. The properties have undergone a targeted capital improvement program focused on cosmetic enhancements, including common area improvements, an upgraded leasing office, and select interior finishes.
301 North Alvarado is located on the northwest corner of North Alvarado Street and West Court Street, just south of Echo Park. The 42-unit building includes thirty one-bedroom/one-bath units and twelve two-bedroom/two-bath units, along with on-site laundry facilities and 51 gated garage parking spaces. Each unit is separately metered for gas and electric and has central HVAC.
223 North Alvarado is located just south of Echo Park Lake, between Beverly Boulevard and Temple Street. This 23-unit building includes eleven studio units and twelve studio loft units, with on-site laundry facilities and 23 gated parking spaces. The properties are not subject to the Los Angeles Rent Stabilization Ordinance; 301 North Alvarado is listed as subject to AB 1482.
301 North Alvarado is located on the northwest corner of North Alvarado Street and West Court Street, just south of Echo Park. The 42-unit building includes thirty one-bedroom/one-bath units and twelve two-bedroom/two-bath units, along with on-site laundry facilities and 51 gated garage parking spaces. Each unit is separately metered for gas and electric and has central HVAC.
223 North Alvarado is located just south of Echo Park Lake, between Beverly Boulevard and Temple Street. This 23-unit building includes eleven studio units and twelve studio loft units, with on-site laundry facilities and 23 gated parking spaces. The properties are not subject to the Los Angeles Rent Stabilization Ordinance; 301 North Alvarado is listed as subject to AB 1482.
Key Highlights
- Two‑property portfolio totals 65 units: 301 N Alvarado (42 units) and 223 N Alvarado (23 units).
- Both apartment buildings were constructed in 1989 and are not subject to LA Rent Stabilization Ordinance.
- 301 N Alvarado: 42 units on a 0.36‑acre parcel—30 1BR/1BA (487–640 SF) and 12 2BR/2BA (833–857 SF).
Property Analytics
Property Profile
Current Use
Lease Details
65
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,961
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Two apartment buildings totaling 65 units, both built in 1989, with on-site laundry and gated parking.
Where is this multifamily property located?
The property is located at 301 & 223 North Alvarado Street Los Angeles, CA.
What are key features of this property?
This property features: Two‑property portfolio totals 65 units: 301 N Alvarado (42 units) and 223 N Alvarado (23 units).; Both apartment buildings were constructed in 1989 and are not subject to LA Rent Stabilization Ordinance.; 301 N Alvarado: 42 units on a 0.36‑acre parcel—30 1BR/1BA (487–640 SF) and 12 2BR/2BA (833–857 SF).
