1650 North Alvarado Street

Los Angeles, CA 90026

$1,600,000
Last Sold Price
6
Beds
4
Baths
2,860 Sq. Ft.
$559 / Sq. Ft.
2,860
Sq. Ft.
$559
per Sq. Ft.

Description

Architectural modern duplex, built in 2008, nestled in the hills of Echo Park on a large 7,500 sq ft lot with unbeatable views! Sunsplashed top unit, UNIT 1650, boasts high ceilings, skylight, tons of natural light, large living room with jaw-dropping views, 3 bedrooms including a large primary with ensuite bath, hall bath and an updated kitchen with center island and eat-in nook. Bi-fold doors open out to a huge magic hillside yard featuring a generous patio perfect for lounging, eating and entertaining...Architectural modern duplex, built in 2008, nestled in the hills of Echo Park on a large 7,500 sq ft lot with unbeatable views! Sunsplashed top unit, UNIT 1650, boasts high ceilings, skylight, tons of natural light, large living room with jaw-dropping views, 3 bedrooms including a large primary with ensuite bath, hall bath and an updated kitchen with center island and eat-in nook. Bi-fold doors open out to a huge magic hillside yard featuring a generous patio perfect for lounging, eating and entertaining + steps that lead up to the top of this lush hillside lot with fire pit, artificial stream, tons of potential and more breathtaking views. Top unit also has an elevator for easy access to garage. UNIT 1652, , the lower unit, features bright entry foyer + large dining area, updated modern kitchen, living room with stunning views, 3 bedrooms including a large primary with plenty of closet space + ensuite bath with dual vanity. Lower unit features an additional hall bathroom, and outdoor patio space perfect for dining al fresco. Each unit has its own dedicated garage; top unit's garage includes large storage area and fits 2-3 cars, bottom unit's garage parks 2 cars tandem. Laundry in garage. Not subject to LA city rent control due to year built (buyer to verify). A fabulous investment with current tenants at competitive rental rates! (Top unit currently: $3,345 p/month, Bottom unit currently: $2,770 p/month.)
  1. Listed by Andrew Sanchez • DRE #01918602 • Brokerage DRE #01882678 • ACME Real Estate
  2. Listed by Courtney Poulos • DRE #01882678 • Brokerage DRE #01882678 • ACME Real Estate

Property Details for 1650 North Alvarado Street

Zoning
LARD2
Style
Modern
Parcel Number
5419001004
Total Units
2.0
Living Area
2860
Source Living Area
Assessor
Area
Silver Lake (671)
Vacancy Rate
Tenants

Location

Listing Courtesy of ACME Real Estate, Andrew Sanchez, DRE #01918602; ACME Real Estate, Courtney Poulos, DRE #01882678

Sold By ACME Real Estate, Courtney Poulos, DRE #01882678; ACME Real Estate, Andrew Sanchez, DRE #01918602

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LISTING UPDATED: 07/22/2022 11:50 AM

Property Details for 1650 North Alvarado Street

StatusSold
MLS #22-157447
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2008
Lot Size0.17 AC / 7,500 SF
CountyLos Angeles County

Location

Listing Courtesy of ACME Real Estate, Andrew Sanchez, DRE #01918602; ACME Real Estate, Courtney Poulos, DRE #01882678

Sold By ACME Real Estate, Courtney Poulos, DRE #01882678; ACME Real Estate, Andrew Sanchez, DRE #01918602

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Virtual Tour

Building Information for 1650 North Alvarado Street

Stories3Residences-Year Built2008Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$10,352 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$1,620

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1650 North Alvarado Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Disclosures: Listing Broker Advantage
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $73,580
  • Net Operating Income: $73,580.00
  • Gross Income: $73,580
  • Gross Rent Multiplier: $21.60
  • Total Annual Expense: 1000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7500
Parking Details
Parking Details
  • Parking Garage: Garage Is Attached
  • Total Parking: 4
Interior Features
Interior Features
  • Cooling: Central Air
  • Cooling Type: Central
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-17-2022
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,345.00
  • Unit Actual Rent: $3,345.00
  • Unit Projected Rent: $3,345.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,770.00
  • Unit Actual Rent: $2,770.00
  • Unit Projected Rent: $2,770.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $429,356.00
  • Assessed Improvement Percent: 56.47
  • Assessed Land Value: $330,978.00
  • Assessed Land Percent: 43.53
  • Assessed Total Value: $760,334.00

Property History for 1650 North Alvarado Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1650 North Alvarado Street

Taxable ValueLand$960,000Additions$640,000Total$1,600,000
Tax Record2023$19,441 ($1,620 / month)
Home Facts
Total Finished SqFt2,860 SqFtAbove Grade Finished SqFt2,860 SqFtLot Size7,500 SqFtStyleDuplexYear Built2008ZoningLARD2CountyLOS ANGELESAPN5419-001-004

Schools near 1650 North Alvarado Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Logan Academy of Global Ecology
PublicK to 8

Edward R. Roybal Learning Center
Public9 to 12

Miguel Contreras Learning Complex School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ACME Real Estate, Andrew Sanchez, DRE #01918602; ACME Real Estate, Courtney Poulos, DRE #01882678

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.