Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    155 Alvarado Street, Los Angeles, CA 90057
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    155 Alvarado Street
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    • MLS#: 24361639 ( )
    • Street Address: 155 Alvarado Street
    • Viewed: 3
    • Price: $1,500,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1923
    • Bldg sqft: 0
    • Days On Market: 314
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90057
    • Provided by: Keller Williams Beverly Hills
    • Contact: Jacob Jacob
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Located in one of the prime areas in Los Angeles, this property offers a fantastic investment potential. Situated in a sought after location, it holds a C2 1 zoning and an impressive 8,150 sq ft lot. The possibilities here are endless. You have the option to add two additional ADUs (Accessory Dwelling Units) or completely redevelop the property. There is also an option to rehab the existing units and increase your income by a staggering 73%. What's even better, this property qualifies for the Transit Oriented Communities (TOC) Tier 2 and Executive Directive 1 (ED 1) programs, making it an ideal choice for those interested in smart and sustainable development. The location itself is a dream. Nestled in the vibrant Westlake/Echo Park/Downtown area, you'll have easy access to mass transit options, coffee houses, restaurants, bars, museums, theaters, galleries, parks, and everything else that L.A. has to offer. And let's not forget about the breathtaking city and DTLA skyline views! Before making an offer, it's important to conduct your due diligence.
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    Features
    Appliances
    1. Dishwasher
    2. Refrigerator
    Architectural Style
    1. See Remarks
    Building Area Total
    1. 5440.00
    Construction Materials
    1. Stucco
    Country
    1. US
    Direction Faces
    1. East
    Entry Location
    1. Ground Level w/steps
    Fireplace Features
    1. None
    Garage Spaces
    1. 4.00
    Heating
    1. Forced Air
    Insurance Expense
    1. 2148.00
    Interior Features
    1. Ceiling Fan(s)
    Laundry Features
    1. None
    Levels
    1. Two
    Lockboxtype
    1. None
    Lot Dimensions Source
    1. Assessor
    Lot Features
    1. Back Yard
    2. Front Yard
    3. Landscaped
    4. Lawn
    5. Value In Land
    6. Yard
    7. Rectangular Lot
    Netoperatingincome
    1. 82396.00
    Newtaxesexpense
    1. 21250.00
    Parcel Number
    1. 5154008014
    Parking Features
    1. Side by Side
    2. Shared Driveway
    3. Private
    4. Paved
    5. Assigned
    6. Covered
    7. Concrete
    8. Driveway
    Pool Features
    1. None
    Postalcodeplus4
    1. 2217
    Property Condition
    1. Fixer
    2. Repairs Cosmetic
    3. Repairs Major
    Security Features
    1. Window Bars
    2. Fire and Smoke Detection System
    3. Gated Community
    Sewer
    1. Other
    Sourcesystemkey
    1. 24-361639:CLAW
    Spa Features
    1. None
    Tenant Pays
    1. Gas
    2. Electricity
    3. Cable TV
    Totalexpenses
    1. 35960.00
    Uncovered Spaces
    1. 1.00
    View
    1. City Lights
    Water Sewer Expense
    1. 8000.00
    Window Features
    1. Garden Window(s)
    Year Built
    1. 1923
    Year Built Source
    1. Assessor
    Zoning
    1. LAC2
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836