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Los Angeles, CA 90026 1600 N Alvarado Street

$1,650,000

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Presented By: Weon Kang with Bestway Realty; 213-923-6689
  • MLS# PW23215785
  • 11/22/2023
  • Request Tour
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  • FootageSQFT • 2,344

Home Details

This is a great opportunity to acquire a commercial property (Mexican Restaurant) with 2 residential units in the heart of the Echo Park area. It is located on Alvarado Blvd. nearby Sunset Blvd. This property is also located in the PROPOSED mixed-use zoning(Buyer must verify zoning details with the City). Heavy daily traffic at a big street corner—lot 7561 sq ft.
Presented By: Weon Kang with Bestway Realty; 213-923-6689

Interior Features for 1600 N Alvarado Street

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesSeeRemarks
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 1600 N Alvarado Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeRestaurant
Cap Rate5.0
Carport Y/NNo
CityLos Angeles
Construction MaterialsBrick, Stucco
CoolingElectric
CountyLos Angeles
Current FinancingOther
Days on Market75
DirectionsAlvarado + Berkerly
Garage Y/NNo
HOA / Comm AssnNo
HeatingNaturalGas
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCashtoNewLoan
Lot Size Square Feet7561.0
MLS AreaC21 - Silver Lake - Echo Park
MobileHomeRemainsYNNo
New ConstructionNo
Number of Units Leased3
Occupancy TypeTenant
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
RoofMixed, Shingle
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameAlvarado
Tax Year2022
Total Units3
View Y/NNo
Waterfront Y/NNo
Year Built1908
Year Built SourcePublicRecords
ZoningLARD2

Exterior for 1600 N Alvarado Street

Building Area Total2344.0
Crops Included Y/NNo
FencingAverageCondition, Partial
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50X151
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1736
Lot Size Area7561.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
LotDimensionsSourceAssessor
Number of Buildings3
Open Parking Y/NNo
SpaNo
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,650,000
MLS#PW23215785
List Date 11/22/2023
Property Type Commercial
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors