46
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$2,699,999
Est. payment /mo
13,416 SqFt
Active
176 S Alvarado Street Los Angeles, CA 90057
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Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 13,416 sqft
Price per Sqft $201
MLS Listing ID CL25621627
HOA Y/N No
Year Built 1951
Lot Size 6,836 Sqft
Acres 0.16
Property Sub-Type Comm Ind For Sale
Property Description
13,000 SF two-story commercial building with a 3,000 SF first floor, 10,000 SF of total floor space, seven bathrooms, 15-17 gated parking spaces, a 123 ft 62 ft building footprint, full two-story access, and existing medical-certified use. Property offers approximately 6,500 SF per floor with a functional layout that works for medical, office, retail, creative, nonprofit, Behavior health clinic, or specialized commercial operations. Ground level includes 3,500 SF of office/retail and 3,000 SF of enclosed garage with dual access points. Upstairs features 6,500 SF across four suites with multiple restrooms and flexible configurations. The building is vacant and ready for immediate occupancy, but historically delivered strong cash flows. Previous long-term tenants included a professional law group occupying the entire ground floor at $10,000/month and a dispensary/general partnership occupying the entire second floor at $15,000/month, both operating under standard commercial terms before leases expired. With this rent history, future owners can realistically underwrite $25,000+/mo in stabilized commercial income, subject to market conditions and tenant mix. Located in a TOC-eligible corridor with C2-1 zoning, the property offers meaningful long-term upside. C2 zoning in this area ca
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Heating None
Fireplace No
Exterior
Total Parking Spaces 17
Building
New Construction No
Others
Tax ID 5154007002
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Listed by Zo Lakanwal • The Executive Realty Group
A FEW WORDS FROM PAST CLIENTS
NEARBY SCHOOL & BUSINESS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289
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