300 S Alvarado Street Los Angeles, CA ^$ 3,150,000

300 S Alvarado Street

^$ 3,150,000

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300 S Alvarado Street

Los Angeles, CA, 90057

^$ 3,150,000

Studio Baths0.0 Sq 12,510

Monthly Estimate*

^$ 22,004

Listed by Alta Realty Group CA, Inc.

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Studio

Commercial Property for sale in Los Angeles, CA

for $3,150,000. This 12,510 square foot building was built in 1925 on a lot size of 0.2886.

This is an extremely unique redevelopment opportunity located on the prime corner of 3rd Street and Alvarado in the Westlake community zone. Subject property is part of the Transit Oriented Community (TOC - Tier 3). There are potential parking variances applicable under Assembly Bill 2097. This retail building is conveniently situated near public transportation with several bus lines. Buildable up to 45,000 sq. ft. with 50+ units. Located in a heavy vehicle and pedestrian foot traffic zone. The area is undergoing significant transformation and is less than three miles from Downtown Los Angeles. Most tenants are month-to-month or on expiring leases. Property is being sold as-is. All brokers and buyers to do their own investigation and due diligence regarding any/all property or land characteristics, including but not limited to square footage, zoning, land usage, permits, etc. Trust Sale subject to a Notice of Proposed Action.

Commercial Active

Price

^$ 3,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.2886

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23293629

Days on Market

230

Features

General

Roof Flat

Zoning LAC2

HOA 0.0

Year Built 1925

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions North of 6th Street South of Beverly East of Rampart and West of Bonnie Brae

City Los Angeles

Disclosures TrustConservatorship

View Y/N N

Senior Community Y/N N

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 12570.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Alvarado

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 123

Standard Status ActiveUnderContract

Exterior

Total Parking 0.0

Lot Size Area 12570.0

Spa N

Building Area Total 12510.0

Lot Size Acres 0.2886

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 300

* Excluded Features

List By

Alta Realty Group Ca, Inc.

Broker

(818) 288-3247

Phone

Affordability Calculator

$22,004

Per Month

Monthly Principal & Interest: $22,004
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,235,813

Percent of Sale Price 29%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/22/2023	$3,150,000		Listed Price

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300 S Alvarado Street, Los Angeles, CA, 90057 is a Commercial Property for sale at $3,150,000 with 12,510 sqft and a lot size of 0.2886. 300 S Alvarado Street is a studio with 0.0 baths and was built in 1925. The property's zip code is 90057 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/8/2024. 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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300 S Alvarado Street

Commercial Property for sale in Los Angeles, CA

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