725 Alvarado, Los Angeles CA 90057 | $4,000,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Mixed Use
  • Stories: 3
  • Year Built: 1923
  • MLS#: SR26162857
  • Community: C42 - Downtown L.A.

Listing provided courtesy of Logan Altman of Altman Apartments LLC. Last updated 2026-08-27 08:28:09.000000. Listing information © 2026 SANDICOR.

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 7.13% in-place cap rate rising to a 8.21% 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.

More Details

3 Stories

Cristopher Crozier

Call or Text: 760.626.2600