1035 Alvarado StLos Angeles, CA 90026

  • Industrial properties
  • 3,331 SF
For Sale
$2,600,000 View listing

Property Details for 1035 Alvarado St

Year built
1936
Construction
TILT-UP CONCRETE
Lot size
0.08 AC
Property size (Sq ft)
3,331 SF
Zone code
LAC2
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
5402-035-021
APU
5402035021

Description

This completely renovated 3,600 square foot industrial warehouse is located at 1035 N Alvarado Street in the heart of Los Angeles' vibrant Echo Park neighborhood (zip code 90026). The property, ideally suited for creative uses, boasts high ceilings, exposed brick walls, and striking vaulted wooden bow-trusses. The space features two large open areas offering versatile functionality. A spacious glass-enclosed mezzanine overlooks the main warehouse floor, providing additional usable space. Significant recent upgrades include a new insulated foam roof, three new HVAC units, a completely updated electrical system, new sewer and copper supply lines, and two bathrooms. Exterior features include a sizable outdoor patio and a large 12 x 12 roll-up door, facilitating easy access for loading and unloading. Further enhancing the property's appeal are four skylights, pre-installed sound wiring, security cameras, and an alarm system. This exceptional property presents a unique opportunity for a discerning buyer seeking a move-in ready industrial space in a highly desirable location. The property is offered at an asking price of $2,600,000.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,124,587
    Hospitality
    $1,030,116
    Educational
    $857,044
    Medical
    $886,520
    Retail
    $1,333,180
1035 Alvarado St, Los Angeles, California
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Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0769
Longitude
-118.264
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$23,596
$1,560,600
$364,140
$1,924,740
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