$2,699,999

176 S Alvarado Street, Los Angeles, CA 90057

  • 13,416 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $201/sqft
  • Property List Date Icon Listed 2 months ago

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

Listing Status:
Active
Date Added:
November 21, 2025
Data Last Updated:
February 8, 2026 at 7:06AM
Listing Office:
The Executive Realty Group : 310-701-3808
Listing Agent:
Zo Lakanwal : 818-388-4305
MLS ID:
CL25621627
  • Heating: None
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAC25154007002
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Zo Lakanwal , The Executive Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

U

Union Avenue Elementary

150 S Burlington Ave, Los Angeles, CA, 90057

Grades PK-5

0.25 miles away

S

Sal Castro Middle School

1575 W 2nd St, Los Angeles, CA, 90026

Grades 6-8

0.50 miles away

H

Harris Newmark Continuation

1575 W 2nd St, Los Angeles, CA, 90026

Grades 9-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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