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Closed Sale

1136 S Alvarado St

Los Angeles, CA 90006 · Pico-Union

1136 S Alvarado St, Los Angeles, CA: 24-unit apartment building (closed sale)
Sale Price
$4,290,000
Units
24
Building Size
16,113 SF
Price Per Unit
$178,750
Price Per SF
$266

Sale Summary

1136 S Alvarado St is a 24-unit apartment building in Los Angeles, CA 90006, closed for $4,290,000. That works out to $178,750 per unit and $266 per square foot of building area.

Our selling client sold this 24-unit building and used a 1031 exchange to move the proceeds into two triple-net properties, one in Florida and one in Georgia, fully deferring the capital gains tax on the sale.

The property sits in the Pico-Union submarket (Central LA), which scores 90 for Walk Score and 83 for Transit Score.

This sale is part of the Highlight Multifamily Group track record. See it on our closed sales map.

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