1656 N Alvarado Street, Los Angeles, CA 90026 (MLS # 22198847)

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PRICE $1,525,000 dsIDX morgage calculator
BEDS 10
BATHS 5
HOME SIZE 2,962 sqft
LOT SIZE 7,502 sqft

We are pleased to present a three (3) unit apartment building located at 1656 North Alvarado Street in Los Angeles, California. Situated in a prime Echo Park location, this is one (1) of a three (3) property portfolio which may be sold together or separately. Built in 1926, this property contains an incredible unit mix of one (1) two bedroom / one bathroom unit, one (1) three bedroom / two bathroom unit, and one (1) five bedroom / two bathroom unit. This well-maintained, craftsman style building boasts tons of character, sits on a hillside with incredible views, and has no soft-story retrofit required. Each unit features its own private entrance, in-unit washer/dryers, individual water heaters, & fully separate meters for all utilities. One (1) unit will be delivered vacant. The property recently passed LA Housing SCEP Inspections. Positioned just two (2) blocks away from 1607 Lake Shore Avenue, this large 7,500 SF lot has three (3) garage/storage spaces with potential to convert into ADU units, fresh landscaping, and a large backyard with potential for a ground-up ADU as well. Tenants will love living in a quiet, hillside residential pocket adjacent to the trendiest retail, restaurant, and entertainment amenities available in Los Angeles. Offered as part of a three (3) property Echo Park portfolio, 1656 North Alvarado Street offers an investor very high initial cash flow on a large hillside lot with incredible views and ADU plays.

DAYS ON MARKET 32 LAST UPDATED 9/13/2022
YEAR BUILT 1926 COMMUNITY Silver Lake - Echo Park
GARAGE SPACES 3.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
APPLIANCES Built-In, Dryer, Refrigerator, Washer
AREA Silver Lake - Echo Park
GARAGE Carport, Yes
HEAT Wall Furnace
LOT 7500 sq ft
LOT DESCRIPTION Back Yard, Front Yard, Landscaped
PARKING Carport
POOL DESCRIPTION None
STORIES 2
STYLE Craftsman
VIEW Yes
VIEW DESCRIPTION City Lights,Hills,Lake
ZONING LARD2
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CONTACT US ABOUT 1656 N ALVARADO STREET
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Listing provided by : Jason Tuvia CalDRE: 01772495 | 818-212-2735, Marcus & Millichap

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 10/3/22 7:44 PM PDT and /or other sources. 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

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