128 N Alvarado St,
Los Angeles, CA 90026
在售房 $1,030,000 ($103萬)
卧室: 6 浴室: / 其他類型
房屋信息

其他類型

3080平方英呎
(286平方米)

4601 平方英呎
(427平方米)

1918 年

2

4 停車位

2024年10月24日
已上市 5 天

地產編號: 24456611
所處郡縣: LA
面積單價:$334.42/sq.ft ($3,600 / 平方米)
車位類型:NO
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房屋簡介

We are pleased to present the opportunity to acquire 128 North Alvarado Street, a four-unit apartment community in the center of some of the most desired neighborhoods in Los Angeles. The property borders the densely populated neighborhoods of Echo Park and Koreatown and is only ten minutes from Downtown Los Angeles. The property's infill location and rental upside offers an investor immediate value-add potential. Situated on a 4,601 square foot parcel, the property features a well balanced unit-mix, consisting of one studio, one, one-bedroom/one-bath, one two-bedroom/one-bath, and one three-bedroom/two-bath. There have been a number of recent upgrades to select units including updated HVAC, plumbing, & electrical upgrades as well as a new furnace, new dual pane windows, and new kitchen cabinets. Current ownership has invested nearly $80,000 into capital improvements over the last 18 months. The two-story building also features four parking spaces with gated entry. The subject property's location has demonstrated meaningful appreciation in both the single family home market and the rental market as Angelenos continue to move into the region and find a shortage of housing options. With a slim development pipeline in the immediate vicinity, this supply/demand balance should promote strong rent growth over the long term.

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