$5,495,000417 S Alvarado St

New

417 S Alvarado St, Los Angeles, CA, 90057

$5,495,000

Est. Monthly Price:

0.52 Acres
Land
Schools Nearby
Image provided by Mapbox

Property Facts and Features

Home TypeOther

ViewCity Lights, Lake

MLS #22200175

Lot Size0.52 Acres

StatusActive

About 417 S Alvarado St, Los Angeles, CA, 90057

We are proud to present for 3 contiguous lots with tremendous redevelopment potential in the up and coming MacArthur Park / Westlake Area. High visibility Alvarado St. just a block away from MacArthur Park and the Metro Station, this property is central to all be it by car, foot or public transportation! Develop the 22,500 SF of C2-1, TOC TIER 3, Opportunity Zone Land into 97 Units or 103 Affordable Units. Bought with the available neighboring lot (which currently holds a 16 unit building), a Developer can build 128 units or 137 Affordable Units. No Overlay Zones, No Historical Issues, No Specific Plan. The property currently has 7 tenants. Centrally located: 7 minute drive or 9 minute Metro ride to Downtown Los Angeles & 30 minute drive to Santa Monica. Alvarado Street is a major corridor with unparalleled visibility will ensure speedy lease-up of units. This listing includes the following APNs: 5154-031-004, 5154-031-005 & 5154-031-006.

Exterior Features

  • View:

    City Lights, Lake
  • Lot Size:

    0.52 Acres

Other

  • Originating MLS:

    CRMLS
  • MLS Number:

    22200175
  • Directions:

    Just north of MacArthur Park on Alvarado. West of Downtown. South of the 101. Between 6th Street and 3rd Street.
  • Listing Office:

    Keller Williams Beverly Hills
  • Listing Agent:

    Dario Svidler
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Los Angeles Housing Market Report

Sold Prices For All Homes in Los Angeles

This Home$5.4M
$195K$27.0M

The Median Sold Price for All Homes in Los Angeles is $971.2K

Based on homes sold in the last 12 months

See Los Angeles Housing Market Report

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/27/2022, 12:55:10 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property History for 417 S Alvarado St, Los Angeles, CA, 90057

Sold icon Oct 03, 2007Home Sold
$680,000
Sold icon Mar 30, 1989Home Sold
$45,000

Tax History for 417 S Alvarado St, Los Angeles, CA, 90057

YEARPROP. TAXASSESSMENT
2021$9,738$778,982
2020$9,444$770,995
2019$9,356$755,879
2018$7,949$741,058
2017$7,949$625,500

Info iconHistory based on county public records data.

What's it like to live at 417 S Alvarado St, Los Angeles, CA, 90057?

Schools Near 417 S Alvarado St, Los Angeles, CA, 90057

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Outlined schools indicate they are assigned to this listing.

Elementary

5

Union Avenue Elementary School Union Avenue Elementary School url

150 S Burlington Ave0.41 mi

Public District KG-5

9

Melrose Avenue Elementary School Melrose Avenue Elementary School url

731 N Detroit St4.39 mi

Public Magnet KG-6

9

Academy For Enriched Sciences Academy For Enriched Sciences url

6170 Lockhurst Dr22.93 mi

Public Magnet 1-5

Middle

2

John H. Liechty Middle School John H. Liechty Middle School url

650 S Union Ave0.51 mi

Public District 6-8

4

Studio Studio url

2211 W Avenue 303.70 mi

Public District 6-8

6

Camino Nuevo Charter Academy Camino Nuevo Charter Academy url

635 S Burlington Ave0.29 mi

Public Charter KG-8

High

3

Belmont Senior High School Belmont Senior High School url

1575 W 2nd St0.53 mi

Public District 9-12

2

Contreras Learning Center-Los Angeles School of Global St Contreras Learning Center-Los Angeles School of Global St url

322 Lucas Ave0.79 mi

Public District 9-12

4

School of Business and Tourism At Contreras Learni School of Business and Tourism At Contreras Learni url

322 Lucas Ave0.79 mi

Public District 9-12

All data from Great Schools

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Similar Homes For Sale

Frequently Asked Questions About 417 S Alvarado St, Los Angeles, CA, 90057

What is the listing price of this property?

The listing price of 417 S Alvarado St property is $5,495,000.

What type of property is this?

The property 417 S Alvarado St is land located in Los Angeles, California, 90057.

Is this property for sale now?

Active Listing: 417 S Alvarado St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 417 S Alvarado St are:
Union Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
John H. Liechty Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
Belmont Senior High School: GreatSchools Rating 3/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 2/10
School of Business and Tourism At Contreras Learni: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,738 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 3, 2007 for $680,000. (source: MLS/tax record).

How much acreage is this property?

The property 417 S Alvarado St is 0.52 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90057417 S Alvarado St

This home is located at 417 S Alvarado St in Los Angeles, CA and zip code 90057 in the Central LA neighborhood. This home sits on a 0.52 acre lot. It has been listed on Rocket Homes since September 23, 2022 and is currently priced at $5,495,000. The neighbors living near this home have an average income of $22,103.

The number of homes for sale in Los Angeles, CA increased by 8% between July 2022 and August 2022. The median list price of listings available in August 2022 was $971,257, while the average time on the real estate market was 27 days. In August 2022, from all listings sold in Los Angeles, CA there were more than 706 sold above asking price, over 671 sold below and more than 238 were sold right at the asked price. The most common annual income of people living in Los Angeles, CA is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

Info IconFrom Rocket Homes Real Estate and based on county public records data.