833 S Alvarado Street, Los Angeles, CA 90057

Local realty services provided by:ERA Carlile Realty Group
833 S Alvarado Street,Los Angeles, CA 90057
$3,395,000
  • 20 Beds
  • 18 Baths
  • 11,846 sq. ft.
  • Multi-family
  • Active
Listed by:joshua cohen
Office:keller williams realty
MLS#:25575981
Source:CRMLS

Price summary

  • Price:$3,395,000
  • Price per sq. ft.:$286.59

About this home

We are pleased to present our latest listing, 18 units located at 833 South Alvarado Street. This investment opportunity is positioned between Koreatown, Silver Lake, and MacArthur Park, with terrific access to Downtown and the rest of Los Angeles! This investment is priced to sell at a current 6.93% Cap Rate and 9.05 GRM, with projected rental upside of about 26% for a new owner! The units are comprised of (2) 2 Bed / 2 Bath units and and (16) 1Bed / 1 Bath units. The building is 11,846 square feet and the units are large, averaging about 650 square feet each, and many have access to private patios. The grounds also feature onsite laundry and secure parking for all units. Soft-story seismic retrofit work has also been completed, and units are individually metered for gas and electricity. With a terrific walk score of 96, the property is surrounded by many great amenities, allowing tenants to accomplish most errands and daily tasks on foot, cutting down on the need for parking.

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Home facts

  • Year built:1968
  • Listing ID #:25575981
  • Added:54 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:20
  • Total bathrooms:18
  • Living area:11,846 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1968
  • Building area:11,846 sq. ft.
  • Lot area:0.37 Acres

Finances and disclosures

  • Price:$3,395,000
  • Price per sq. ft.:$286.59
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