Individually Owned Property summary
This four-unit apartment building, located at 128 North Alvarado Street in Los Angeles, CA 90026, presents a compelling investment opportunity. The property, built in 1918, comprises two buildings on a 4,601 square foot lot and features a mix of unit sizes: one studio, one one-bedroom/one-bath, one two-bedroom/one-bath, and one three-bedroom/two-bath. Total square footage is 3,080 net rentable square feet. Recent capital improvements totaling nearly $80,000 have been made over the past 18… months, including HVAC, plumbing, and electrical upgrades in select units, new dual-pane windows, a new furnace, and new kitchen cabinets. The property also includes four gated parking spaces. Situated in a desirable location bordering Echo Park and Koreatown, just ten minutes from Downtown Los Angeles, this property benefits from a high walk score of 86. The current NOI is $52,908, with a pro-forma NOI of $81,461, representing a 5.14% cap rate and a pro-forma cap rate of 7.91%. The asking price is $1,030,000, or $257,500 per unit, and $334.42 per square foot. The property is zoned LAR4. This property offers significant value-add potential due to its location and rental upside.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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