725 S Alvarado Street Los Angeles, CA $ 4,250,000
725 S Alvarado Street
$ 4,250,000
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725 S Alvarado Street

Los Angeles, CA, 90057
$ 4,250,000
Bedrooms-- Baths-- Sq 13,386

Monthly Estimate*

$ 26,835

Listed by Altman Apartments LLC
725 S Alvarado Street, Los Angeles, CA 90057 - Image 1
725 S Alvarado Street, Los Angeles, CA 90057 - Image 2
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725 S Alvarado Street, Los Angeles, CA 90057 - Image 10
725 S Alvarado Street, Los Angeles, CA 90057 - Image 11

Commercial Property for sale in Los Angeles, CA

for $4,250,000. This 13,386 square foot building was built in 1923 on a lot size of 0.2695.

Alvarado Apartments - a 35-unit mixed-use value-add in the heart of Westlake / MacArthur Park, comprising 24 residential units (23 studios + 1 one-bedroom) and 11 ground-floor commercial spaces including two restaurants and retail. Fully repiped and rewired in 2018 with fire sprinklers throughout. Offered at a 6.63% in-place cap rate rising to a 7.65% pro forma. Designated Residential Hotel on C2-2 zoning with a Transit Oriented Communities and State Density Bonus path to substantial added density. On-site parking, ground-floor retail income, and steps to the Metro B/D lines. Meaningful upside through studio mark-to-market, parking lease-up and Section 8 / HACLA-supported income. Buyer to verify all figures, unit legality, square footage and development potential.

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Commercial Active

Price

$ 4,250,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.2695

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26162857

Days on Market

1

Features
General
Zoning LAC2
Year Built 1923
Property Subtype Mixed Use
Current Use Multi-Family
Building Name Alvarado Apartments
County Los Angeles
Net Operating Income 281957
Operating Expense 344421
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Near MacArthur Park in Westlake. From the 110 Freeway exit 6th Street and head west to S Alvarado Street; property fronts S Alvarado between W 7th and W 8th.
City Los Angeles
Number Of Units Total 35
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 11738
Listing Terms Cash Conventional
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Mixed Use
Cap Rate 6.63
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Interior
Total Stories 3
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Near Public Transit
Water Source Public
Lot Size Area 11738
Number of Buildings 2
Building Area Total 13386
Lot Size Acres 0.2695
Lot Size Source Assessor
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* Excluded Features
List By
Altman Apartments Llc

Broker

logan@altmanapartments.com

Email

Affordability Calculator

$26,835
Per Month
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Monthly Principal & Interest
$26,835
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/26/2026$4,250,000 Listed Price

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725 S Alvarado Street, Los Angeles, CA, 90057 is a Commercial Property for sale at $4,250,000 with 13,386 sqft and a lot size of 0.2695. 725 S Alvarado Street was built in 1923. The property's zip code is 90057 which is in Los Angeles, CA