35-Unit Mixed-Use Apartment
For Sale
$4,250,000
725 S Alvarado Street, Los Angeles, CA 90057
2018 repiped and rewired apartment building with fire sprinklers plus ground-floor retail and restaurants.
Property SizeContact for details
Days on Market38
Property Features for 725 S Alvarado Street
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Zoning
C2-2
Units
Unit Mix
23 x studio, 1 x 1BR
Multifamily Units
24
Additional Details
Cap Rate
6.63%
Public Transit
Yes
Sprinkler System
Yes
Building Details
Year Built
1923
Year Renovated
2018
Tenancy
Multi
Listing Agency:
Altman Apartments LLC
Listed By:
Logan Altman · License #01965826
(310) 903-0222
Source:
Exitrealty
Added: Jul 28
Changed: Sep 2
Last Checked: Sep 2 at 8:19PM
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 Altman Apartments LLC
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
Property Profile
Current Use
Lease Details
24
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
5,696
Businesses Nearby
Explore this area
Business Placement
Demographics for 90057, CA
45,510
Population
17,912
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
58%
High-School Grad
0.9 sq mi
ZIP Area
50,567
Density / Sq Mi
$44,876
Median Household Income
$30,849
Median Earnings
$1,395
Median Rent
$694,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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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 Street 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
