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301 & 223 North Alvarado Street, Los Angeles, CA, 90026
Two-Property Apartment Portfolio

301 & 223 North Alvarado Street Los Angeles, CA 90026

For Sale
Contact for pricing
Pending

Two apartment buildings totaling 65 units, both built in 1989, with on-site laundry and gated parking.

Days on Market104

Property Features for 301 & 223 North Alvarado Street

General Information

Standard status
Pending
Property subtype
Multifamily
Listing Agency: NorthMarq Beverly Hills
Listed By: Bryan Schellinger · License #CA
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Jul 23 at 3:21PM

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.

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

Location Intelligence

Current Use by Public Records

301 The Park Apartment Complex Vista Alvarado Apartments Apartment Building

Suggested Use

Real Estate Agency Pet Store (Bike/Boat/Book/etc) Store Tech Support Center Pet Store & Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon HVAC Service Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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).
More about this property
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