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    128 N Alvarado Street

    Los Angeles, CA 90026
    • $1,175,000
    • STATUS: ACTIVE
    • ON SITE: 113 days
    • ID#: 302883442
    UPDATED: 20 min ago
    $1,175,000
    • 6
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1918
    County:

    School Ratings & Info

    Description

    We are pleased to present 128 N Alvarado Street in the city of Los Angeles. The property has 3,080 square feet of living space with 4 units in 2 buildings and a carport. In the front of the building there is a tranquil garden with trees and roses. Nestled in the heart of Filipinotown, the location is convenient and only minutes from the 101 freeway and downtown Los Angeles. These are excellent rentals for people working in downtown, at nearby hospitals, restaurants, medical offices and other retail establ We are pleased to present 128 N Alvarado Street in the city of Los Angeles. The property has 3,080 square feet of living space with 4 units in 2 buildings and a carport. In the front of the building there is a tranquil garden with trees and roses. Nestled in the heart of Filipinotown, the location is convenient and only minutes from the 101 freeway and downtown Los Angeles. These are excellent rentals for people working in downtown, at nearby hospitals, restaurants, medical offices and other retail establishments. The front building is two stories and includes a spacious 3 bedroom/2 bathroom unit with two additional units upstairs. One is a 2 bedroom/1 bathroom unit and the other is a 1 bedroom/1 bathroom unit. The rear building is a studio unit that was recently renovated and could work well for an owner-user. Three of the units have been remodeled with wood floors and newer kitchens and bathrooms. The units sit on a raised foundation built with wood framing and a stucco exterior enclosed with a pitched roof. Ideal for an owner-occupant, or a professional investor looking for a solid income property.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.dreamlivingsd.com/homes/110722762
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    128 N Alvarado Street Los Angeles, CA 90026

    • Price: $1,175,000
    • Status: ACTIVE
    • Updated: 20 min ago
    • ID#: 302883442
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1918
    Built
    Neighborhood:
    Filipinotown
    County:
    Los Angeles
    Area:
    Los Angeles (90026)
    Property Description
    We are pleased to present 128 N Alvarado Street in the city of Los Angeles. The property has 3,080 square feet of living space with 4 units in 2 buildings and a carport. In the front of the building there is a tranquil garden with trees and roses. Nestled in the heart of Filipinotown, the location is convenient and only minutes from the 101 freeway and downtown Los Angeles. These are excellent rentals for people working in downtown, at nearby hospitals, restaurants, medical offices and other retail establ We are pleased to present 128 N Alvarado Street in the city of Los Angeles. The property has 3,080 square feet of living space with 4 units in 2 buildings and a carport. In the front of the building there is a tranquil garden with trees and roses. Nestled in the heart of Filipinotown, the location is convenient and only minutes from the 101 freeway and downtown Los Angeles. These are excellent rentals for people working in downtown, at nearby hospitals, restaurants, medical offices and other retail establishments. The front building is two stories and includes a spacious 3 bedroom/2 bathroom unit with two additional units upstairs. One is a 2 bedroom/1 bathroom unit and the other is a 1 bedroom/1 bathroom unit. The rear building is a studio unit that was recently renovated and could work well for an owner-user. Three of the units have been remodeled with wood floors and newer kitchens and bathrooms. The units sit on a raised foundation built with wood framing and a stucco exterior enclosed with a pitched roof. Ideal for an owner-occupant, or a professional investor looking for a solid income property.
    Exterior Features

    Pool N/K Topography Level

    Interior Features

    Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 2

    Property Features

    Actual Cap Rate 4.2 Annual Expense Actual 23713 Buildings 2 Gross Rent Multiplier Actual 16.08 Gross Scheduled Income Actual 73056 Possession Close Of Escrow Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1300.0 Unit2 Rent Actual 1475.0 Unit3 Rent Actual 1800.0 Unit4 Rent Actual 1485.0 Water Meter On Property Zoning Lar4

    Listing provided courtesy of Compass. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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