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Overview
- Updated On:
- May 1, 2024
Property Description
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.
Address: 1600 N Alvarado Street
City: Los Angeles
State/County: Los Angeles
Zip: 90026
Country: US
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Property Id : 133712
Price: $ 1,650,000
Property Lot Size: 0 ft2
BuildingAreaTotal: 2344
BusinessType: Restaurant
BuildingAreaUnits: SquareFeet
BuyerAgencyCompensation: 2.000
BuyerAgencyCompensationType: Item1
CapRate: 5
ConstructionMaterials: Brick,Stucco
ContractStatusChangeDate: 2023-11-21
Cooling: Electric
Directions: Alvarado + Berkerly
Fencing: AverageCondition,Partial
CumulativeDaysOnMarket: 75
CurrentFinancing: Other
DaysOnMarket: 75
EntryLevel: 1
Other Features
Has Cooling System
Has Heating System
$ 8,459.88
per month- Principal and Interest
- Property Tax
- HOA fee
$ 6,397.38
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