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300 S Alvarado St Los Angeles, CA, 90057
$3,150,000 Commercial under contract Comm Ind For Sale
This is an extremely unique redevelopment opportunity located on the prime corner of 3rd Street and Alvarado in the Westlake community zone. Subject property is part of the Transit Oriented Community (TOC - Tier 3). There are potential parking variances applicable under Assembly Bill 2097. This retail building is conveniently situated near public transportation with several bus lines. Buildable up to 45,000 sq. ft. with 50+ units. Located in a heavy vehicle and pedestrian foot traffic zone. The area is undergoing significant transformation and is less than three miles from Downtown Los Angeles. Most tenants are month-to-month or on expiring leases. Property is being sold as-is. All brokers and buyers to do their own investigation and due diligence regarding any/all property or land characteristics, including but not limited to square footage, zoning, land usage, permits, etc. Trust Sale subject to a Notice of Proposed Action.
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Property details
12,510 sqft interior area
Land area
12,570 sqft (0.29 acres)
Days on Verhouse
238
Address
300 S Alvarado St, Los Angeles, CA, 90057
City of California
Los Angeles
County
Los Angeles
Year Built
1925
District
Listing
Nearby major retailers
Costco
T-Mobile
Albertsons
Trader Joe's
Toyota
Whole Foods Market
Wholesale: 1
Mobile phone: 6
Supermarket: 7
Car: 2
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Listed by
Andrew Brody, Alta Realty Group CA, Inc.
Name
Andrew Brody
License number
01776328
Brokerage company
Alta Realty Group CA, Inc.
MLS #
CL23293629
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Calculate your monthly payments
Mortgage
$9,672
Taxes
$0
HOA dues
$0
Mortgage
$630,000 / 20%
2.28%
30 years
Your amount
$9,672 / month
Lot details
TMK #5154028001
Parcel nr.
5154028001
90057 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90057
40%
Families with children
National average: 39%
53%
Non family households
878,040
Population
$66,890
Average Income
Age & gender
Median age 35 years
More info
Commute types
61% commute by car
More info
Education level
26% have not graduated education
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Number of employees
1% work in management
More info
Vehicles available
47% have 1 vehicle
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Vehicles by gender
47% have 1 vehicle
More info
Housing market insights for
$1.22m
Neighborhood average
sales price*
sales price*
$979.67k
Neighborhood median
sales price*
sales price*
542
Number
of sales*
of sales*
Housing type
44% are apartments
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Rooms
37% of the houses have 2 or 3 rooms
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Bedrooms
36% have 2 or 3 bedrooms
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Owners vs Renters
85% are renters
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18.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Under contract Jan 26, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 26, 2024 | Under contract | $3,150,000 | 0 | MLS #CL23293629 |
| Jan 5, 2024 | For sale | $3,150,000 | 0 | MLS #CL23293629 |
| Jan 2, 2024 | Unavailable | $3,150,000 | 0 | MLS #CL23293629 |
| Sep 21, 2023 | New Listing | $3,150,000 | 0 | MLS #CL23293629 |
Taxes of 300 S Alvarado St, Los Angeles, CA, 90057
LAC2 zoning / MLS #CL23293629
Zoning
LAC2
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Frequently Asked Questions about 300 S Alvarado St
What is 300 S Alvarado St?
300 S Alvarado St is a Commercial/Industrial propertywith 12,510 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
300 S Alvarado St, Los Angeles, CA, 90057.
What comparable properties are nearby?
Comparable nearby commercial properties include 229 S Westlake Ave, 151 S Mountainview St, 2330 W 3rd St, 2502 W 3rd St, 1801 W 5th St, 513 S Union Ave.
Based on information from the bridgeMLS as of 05-16-2024. 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.
Listing last updated on: Jan 26, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Food 4 Less, 0.4 miles away and Smart & Final, 0.59 miles away.
The 90057 zip area has a population of 878,040, and 40% of the families have children. The median age is 35.23 years and 61% commute by car. The most popular housing type is "apartment" and 85% is renter.
