See Home Value
$1,473,987*
Multifamily - Off Market

1421 Alvarado

Los Angeles, CA 90006
bedrooms
Studio
bathrooms
0 Bath
$900,000 - $1,098,000
Reference Base Price*
47.40%
Since Aug 1, 2019
CA-Los Angeles
Primary Model

About This Property

SELLER SAYS IT MUST GO! Great opportunity to own this fully occupied 5 unit building. Property features (2) 2bedroom 1 bath units and (3) 1 bedroom 1 bath units.Property has copper plumbing, updated electrical, recently retrofitted foundation, Brand new Composition shingle roof, Each unit is separately metered for gas and electric, fire extinquishers throughout the building, onsite laundry, electric gated parking for 6 cars in rear, & completely gated grounds for added occupant security.  The property is a Tudor Revival which has been given the "Historic Preservation" designation by the city of Los Angeles. Property was designed by famed architects Morgan & Walls who also constructed the Wiltern & The El Capitan Theaters. Property qualifies for the Mills Act Tax Exemption. Property is located near a park in a great up and coming neighborhood which is great for families with kids.Close to Public transportation, Staples Center, LA Live, And all downtown nightlife.  Could be awesome for an owner user. Hurry this one won't last! Drive by Only. Do NOT Disturb tenants!
Unit Size
-
Days on Market
-
Land Size
7,506.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1903

Price History

Date / Event Date Event Price
Aug 20, 2019 Sold $1,000,000
Sold
Jul 22, 2019 No longer available -
No longer available
May 10, 2019 Price Decreased $999,997
↓ $100K (9.1%)
Price Decreased
Feb 7, 2019 Listed $1,099,997
Listed

Property Highlights

Parking Available


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190207
02/07/2019
Studio
-
-
$1,099,997
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

1421 Alvarado Terrace 1421 Alvarado Terrace, Los Angeles, CA 90006
More about this Building
1421 Alvarado Terrace
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About Central LA


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