$4,250,000
725 S Alvarado ST
Los Angeles, CA, 90057
Property Description
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 6.63% in-place cap rate rising to a 7.65% 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.
Property Details
Price:
$4,250,000
MLS #:
SR26162857
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
c42downtownla
Listed Date:
Jul 26, 2026
Total Sq Ft:
13,386
Lot Size:
11,738 sqft / 0.27 acres (approx)
Year Built:
1923
Schools
Interior
Laundry Features
CM
Exterior
Financial
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Courtesy of Altman Apartments LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 725 S Alvarado ST
Los Angeles, CA
