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155 S Alvarado St, Los Angeles, CA 90057
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155 S Alvarado St Los Angeles, CA 90057

$1,900,000
  • 32 Beds
  • 16 Baths
  • 5,440 Sq.Ft.
For Sale
$1,900,000 Get Pre-Qualified
Map preview of 155 S Alvarado St, Los Angeles, CA 90057

Property Overview: 155 S Alvarado St Los Angeles, CA has 32 bedrooms, 16 bathrooms, 5,440 living square feet and 8,153 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: ATTENTION: DEVELOPERS AND INVESTORS! Location, Location and Location! First time on the market in 32 years! Property zoned C2-1 with an 8,150 sq ft lot. Great potential to add 2 additional ADU or redevelop the property. Transit Oriented Communities (TOC) Tier 2 and Executive Directive 1 (ED 1) eligible. A true golden opportunity to redevelop in one of the fastest growing and highly desirable neighborhoods. Located in the Westlake/Echo Park/Downtown area! This property is located near mass transit, coffee houses, restaurants, bars, museums, theatres, galleries, parks and everything else that L.A. has to offer. Stunning City and DTLA skyline views buyer to do their due diligence prior to submitting offer. For marketing package requests email listing agent.

Listed by Jacob Kesherim | BRE #01928381 | Keller Williams Beverly Hills
Last checked: 5 minutes ago | Last updated: April 12th, 2024 | Source CRMLS | DOM: 70
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Home details

Lot Sq. Ft
8,153
HOA Dues
$0/mo
Year built
1923
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24361639
City
Los Angeles
County
Los Angeles
Time on Site
81 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 8
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $1,259
  • Total Rent: $5,035
  • Pro Forma/Market Rent: $8,000
Unit Breakdown 2
  • # of Units: 0
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Actual Rent: $663
  • Total Rent: $663
  • Pro Forma/Market Rent: $663
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: --
  • Net Operating Income: $22,875
  • Gross Operating Income: $68,370
  • Other Income 1: $663
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 155 S Alvarado St

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Window Features: Garden Window(s)
  • Security Features: Window Bars, Fire and Smoke Detection System, Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Side by Side, Shared Driveway, Private, Paved
Lot Information
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Value In Land, Yard, Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5154008014
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property Condition: Fixer, Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 0.5 Miles South of the 101 Freeway; South of Beverly Blvd; North of W 3rd St; West of the 110 Freeway; East of Vermont Ave
View more facts & features

Local Los Angeles Agent

Sale History for 155 S Alvarado St

View property's historical transactions

  • February, 2024

  • Feb 29, 2024

    Date

    Active

    CRMLS: 24361639

    $2,000,000

    Price

Tax History for 155 S Alvarado St

Assessed Value (2020): $529,524
Year Land Value Improved Value Assessed Value
2020 $397,757 $131,767 $529,524

Home Value Compared to the Market

This property vs the competition

155 S Alvarado St is listed 52% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $349.26 per/sqft which puts the price per square foot 55.05% lower than the median price per square foot for the city of Los Angeles.

About 155 S Alvarado St

Detailed summary of property

155 S Alvarado St is a multi family located in Los Angeles, CA 90057 and is currently for sale. This multi family property offers 32 bedrooms, 16 bathrooms, roughly 5,440 living square feet, and sits on an approximately 8,153 square foot lot. 155 S Alvarado St was first listed on ArdentRealEstateGroup.com on February 29, 2024. The homeowner is currently asking $1,900,000 and was originally asking $2,000,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 52% higher than the median priced home. Local competing homes currently for sale include 744 S Carondelet St, 857 N La Fayette Park Pl and 1120 Logan St. While the average home in Los Angeles, CA is selling in 92 days, 155 S Alvarado St has a days on market of 70 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 155 S Alvarado St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 155 S Alvarado St

Public county record property details
Beds
8
Baths
4
Year built
1923
Sq. Ft.
5,440
Lot Size
8,150
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5154-008-014

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$365,000
Median Sold Price/Sq.Ft.
$773
Total Inventory
12
Median Sale to List Price %
104.58%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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