155 S Alvarado Street, Los Angeles, CA 90057
-
Listed Price :
$1,500,000
-
Beds :
8
-
Baths :
4
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Property Size :
5,440 sqft
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Year Built :
1923
Property Description
Located in one of the prime areas in Los Angeles, this property offers a fantastic investment potential. Situated in a sought-after location, it holds a C2-1 zoning and an impressive 8,150 sq ft lot. The possibilities here are endless. You have the option to add two additional ADUs (Accessory Dwelling Units) or completely redevelop the property. There is also an option to rehab the existing units and increase your income by a staggering 73%. What's even better, this property qualifies for the Transit Oriented Communities (TOC) Tier 2 and Executive Directive 1 (ED 1) programs, making it an ideal choice for those interested in smart and sustainable development. The location itself is a dream. Nestled in the vibrant Westlake/Echo Park/Downtown area, you'll have easy access to mass transit options, coffee houses, restaurants, bars, museums, theaters, galleries, parks, and everything else that L.A. has to offer. And let's not forget about the breathtaking city and DTLA skyline views! Before making an offer, it's important to conduct your due diligence.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
4 |
| Interior Information |
| Features |
Ceiling Fan(s) |
Listing Information
| Address |
155 S Alvarado Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90057 |
| County |
Los Angeles |
| Listing Agent |
Jacob Kesherim DRE #01928381 |
| Courtesy Of |
Keller Williams Beverly Hills |
| List Price |
$1,500,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
5,440 |
| Lot Size |
8,153 |
| Year Built |
1923 |
Listing information courtesy of: Jacob Kesherim, Keller Williams Beverly Hills. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 7th, 2024 at 12:43 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
