1600 N Alvarado Street Los Angeles, CA ^$ 1,650,000

1600 N Alvarado Street

^$ 1,650,000

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1600 N Alvarado Street

Los Angeles, CA, 90026

^$ 1,650,000

Studio Baths0.0 Sq 2,344

Monthly Estimate*

^$ 11,526

Listed by Bestway Realty

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Studio

Commercial Property for sale in Los Angeles, CA

for $1,650,000. This 2,344 square foot building was built in 1908 on a lot size of 0.1736.

This is a great opportunity to acquire a commercial property (Mexican Restaurant) with 2 residential units in the heart of the Echo Park area. It is located on Alvarado Blvd. nearby Sunset Blvd. This property is also located in the PROPOSED mixed-use zoning(Buyer must verify zoning details with the City). Heavy daily traffic at a big street corner—lot 7561 sq ft.

Commercial Active

Price

^$ 1,650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1736

Year Built

1908

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW23215785

Days on Market

173

Features

General

Heating NaturalGas

Cooling Electric

Roof Mixed Shingle

Zoning LARD2

Construction Materials Brick Stucco

Year Built 1908

Property SubType MixedUse

Tax Year 2022

Business Type Restaurant

County Los Angeles

Insurance Expense 2000.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Alvarado + Berkerly

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 3

MLS Area C21 - Silver Lake - Echo Park

Lot Size Square Feet 7561.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 3

Street Name Alvarado

Listing Terms CashtoNewLoan

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Current Financing Other

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 75

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Year Built Source PublicRecords

Property Sub Type Additional MixedUse

Cap Rate 5.0

Exterior

Fencing AverageCondition Partial

Lot Features Item01UnitAcre

Water Source Public

Lot Size Area 7561.0

Number of Buildings 3

Spa N

Building Area Total 2344.0

Lot Dimensions 50X151

Lot Size Acres 0.1736

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features SeeRemarks

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1600

* Excluded Features

List By

Bestway Realty

Broker

(213) 923-6689

Phone

Affordability Calculator

$11,526

Per Month

Monthly Principal & Interest: $11,526
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 ^$2,259,263

Percent of Sale Price 37%

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
2/6/2024	$1,650,000	-7.30%	Price Down
11/23/2023	$1,780,000		Listed Price

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1600 N Alvarado Street, Los Angeles, CA, 90026 is a Commercial Property for sale at $1,650,000 with 2,344 sqft and a lot size of 0.1736. 1600 N Alvarado Street is a studio with 0.0 baths and was built in 1908. The property's zip code is 90026 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 5/14/2024. 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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1600 N Alvarado Street

Commercial Property for sale in Los Angeles, CA

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