- $4M Price
- .27 Acres
- 35 DOM
725 S Alvarado Street
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 7.13% in-place cap rate rising to a 8.21% 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.
Essential Information
- MLS® #SR26162857
- Price$4,000,000
- Bathrooms0.00
- Acres0.27
- Year Built1923
- TypeCommercial Sale
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address725 S Alvarado Street
- AreaC42 - Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90057
Interior
- # of Stories3
Exterior
- Lot DescriptionNear Public Transit
Additional Information
- Date ListedJuly 26th, 2026
- Days on Market35
- ZoningLAC2
Listing Details
- AgentLogan Altman
- OfficeAltman Apartments LLC
Price Change History for 725 S Alvarado Street, Los Angeles, (MLS® #SR26162857)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $4,250,000 to $4,000,000 |
Logan Altman, Altman Apartments LLC.
Based on information from California Regional Multiple Listing Service, Inc. as of August 30th, 2026 at 2:25pm PDT. 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.