Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90057 427 S Alvarado Street

427 S Alvarado Street Los Angeles, CA - Image 1427 S Alvarado Street Los Angeles, CA - Image 2427 S Alvarado Street Los Angeles, CA - Image 3
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427 S Alvarado Street Los Angeles, CA - Image 4427 S Alvarado Street Los Angeles, CA - Image 5427 S Alvarado Street Los Angeles, CA - Image 6427 S Alvarado Street Los Angeles, CA - Image 7427 S Alvarado Street Los Angeles, CA - Image 8427 S Alvarado Street Los Angeles, CA - Image 9
Presented By: Sean Namigohar with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 25529039
  • 04/23/2025
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  • Beds • 15
  • Baths • 16
  • SQFT • 10,976
  • Year Built • 1909

Home Details

Presented By: Sean Namigohar with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 427 S Alvarado Street

Bedrooms

Total Bedrooms15

Bathrooms

Half Baths0
Total Baths16
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 427 S Alvarado Street

Additional Parcels Y/NNo
AppliancesDishwasher
Attached Garage No
Cap Rate6.47
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsREDUCED! A 16-unit building with 15 large 1-bed units and 1 studio. Priced at $163/ft and $112K/unit, delivering a 6%+ cap rate and 8.4 GRM at the asking price. Over 60% upside in rents. Recently upgr
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income223200.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet7752.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income116094.0
New ConstructionNo
Number Of Units Total16
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1909
Year Built SourceAssessor
ZoningLAC2

Exterior for 427 S Alvarado Street

Building Area Total10976.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.178
Lot Size Area7752.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $1,795,000
MLS#25529039
List Date 04/23/2025
Property Type Multi-Family
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