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1022 N Alvarado ST
ECHO PARK, CA 90026


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Property Remarks

THIS PROPERTY IS A MIX USE MEDICAL BUILDING. BUYERS!! INVESTORS!! ACCORDING TO CITY, ZONING Q C-2, 2D YOU CAN BUILD UP TO 22,000 SQ. FT. RESIDENTIAL 19,000 SQ FT (18 units) AND 3000 SQ. FT OF COMMERCIAL USAGE. LOCATION! LOCATION! PROPERTY IS SOUTH OF SUNSET BLVD AND ALVARADO ST. The phenomenal property is located in the prime area of echo park/ silver lake. The property has 2 floors and it's been established for more than 25 years. The medical clinic takes up the entire of the first floor. There 2 apartments on the second floor consists of 2 bedrooms and 1 bathroom each. Rear structure has a 1 bedroom, 1 bathroom apartment with a large retail storage room. You can park up to 8 cars. This medical center is located in a prime area and has multiple recovery rooms, surgery and examination rooms. Also, there is men's and women's bathroom. Perfect opportunity for an owner user who is in the medical field to operate his practice. Rent out upstairs apartments and rear apartment to help pay the mortgage. Close surroundings to schools, shopping, churches, public transportation, jobs, gym, 101 freeway etc. BUYERS!! INVESTORS!! Property is solid for rental investments and potential development. New construction and future potential is going on in the area.

Property Details

MLS#
DW17194806MR
Days on Market
105
Year Built
1910

Location

State
CA
County
Los Angeles
Area
Silver Lake - Echo Park

Presented By:

Listing provided courtesy of Ricardo Borjas , First Family Homes


Exterior

Lot Acreage
0
Paved
No
Waterfront
No

Exterior Construction
Stucco

Interior

Laundry
Inside
Other

Additional Property Details

Total Expense
$46,000
ADA Compliance
No

Community Features
Sidewalks

Silver Lake

The height of laidback cool, Silver Lake is beloved by hipsters and creative types seeking an urban lifestyle.  Silver Lake is dominated by the Silver Lake and Ivanhoe Reservoirs, which give the area its name and are surrounded by a recreation area.

Real Estate: Long on style, Silver Lake real estate embraces styles from Spanish Revival homes built in the 1920s and 1930s to the mid-century Modern homes by some of the great architects of the era including Richard Neutra and John Lautner. Apartments and condos are available in the Sunset Junction area and single-family homes up in the hills often have reservoir and city views.

Community Life: Silver Lake offers all the charms of hip urban life. The cafes and shops of Sunset Junction are always a popular destination for folks all around the city. The Silver Lake reservoir’s two-mile loop is popular with walkers and runners alike. With both LAMill and Intelligentsia in the area among others, great coffee abounds.

Education: Silver Lake is served by the Los Angeles Unified School District and schools in the area include Ivanhoe Elementary, Allesandro Elementary, and Micheltorena Elementary. Private schools include ASA Silver Lake School, St. Francis of Assisi Elementary and St. Teresa of Avila Elementary.

Transportation: Easily accessed by the 101 freeway and the 5 freeway, Silver Lake is conveniently located for easy commuting.

Local Attractions:  Silver Lake was the home of much of the early film industry. Walt Disney’s first large studio was in the area. The neighborhoods are also famous for many pedestrian stairs including the Music Box stairs which played a role in an early Laurel and Hardy movie. 

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