427 South Alvarado Street

Los Angeles, CA 90057

$1,995,000
Price
15
Beds
16
Baths
10,976 Sq. Ft.
$182 / Sq. Ft.
10,976
Sq. Ft.
$182
per Sq. Ft.
  1. Listed by Taylor Avakian • DRE #02060040 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 427 South Alvarado Street

Zoning
LAC2
Parcel Number
5154031016
Total Units
16.0
Living Area
10976
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
1
Lot Size Area
7752
LISTING UPDATED: 09/17/2024 12:01 AM

Property Details for 427 South Alvarado Street

StatusActive
MLS #24-437123
Days on Market74
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1909
Lot Size0.18 AC / 7,752 SF
CountyLos Angeles County

Building Information for 427 South Alvarado Street

Stories2Residences-Year Built1909Building Size-Lot Size0.18 AC / 7,752 SF

Property Information for 427 South Alvarado Street

Community / Development
Community / Development
  • Number Of Units: 16
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $209,000
  • Net Operating Income: $108,275.00
  • Gross Income: $215,464
  • Cap Rate: 6.28%
  • Gross Rent Multiplier: $9.26
  • Actual Annual Gross Rent: $215,463.00
  • Financial Info as Of: 09/09/2024
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 100724
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.178
  • Lot Size Square Feet: 7752
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-09-2024
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,165.00
  • Unit Actual Rent: $1,165.00
  • Unit Projected Rent: $1,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,120.00
  • Unit Actual Rent: $16,790.00
  • Unit Projected Rent: $31,500.00
  • Like Units: 15
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $364,140.00
  • Assessed Improvement Percent: 18.92
  • Assessed Land Value: $1,560,600.00
  • Assessed Land Percent: 81.08
  • Assessed Total Value: $1,924,740.00

Property History for 427 South Alvarado Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 427 South Alvarado Street

Taxable ValueLand$1,591,812Additions$375,992Total$1,967,804
Tax Record2024$26,062 ($2,172 / month)
Home Facts
Total Finished SqFt10,976 SqFtAbove Grade Finished SqFt10,976 SqFtLot Size7,750 SqFtStyleMulti-Family Res (5+ Units)ZoningLAC2CountyLOS ANGELESAPN5154-031-016

Schools near 427 South Alvarado Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Union Avenue Elementary School
PublicK to 5

John H. Liechty Middle School
Public6 to 8

Academic Leadership Community School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

427 South Alvarado Street is a multi-family home for sale in Los Angeles, CA 90057. This property was listed for sale on September 9, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,995,000. It has been on the market for a total of 74 days and was last sold on February 11, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Union Avenue Elementary School, John H. Liechty Middle School and Academic Leadership Community School. 427 South Alvarado Street is a 15-bed, 16-bath, 10,976 sqft multi-family home built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Taylor Avakian, DRE #02060040

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.