833 Alvarado

Los Angeles, CA, 90057
For Sale $3,395,000
  • 20beds
  • 11,846sqft
  • 0.37acre
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. Transit options are also exceptional, with terrific access to bus stops and metro rail lines.

Get in touch

Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Joshua Cohen with Keller Williams Realty
(310) 375-3511
833 Alvarado is a Residential Income property located in Los Angeles, California, featuring a 0.372 acre lot, 11,846 sqft, 20 bedrooms, MLS #25575981.

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Data last modified: 2025-08-08 16:57:10