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Pre-foreclosure
  • Est. $853,369

    222 N Alvarado St, Los Angeles, CA 90026

    4beds
    0baths
    4,565Square Feet
    VacantLand
    Built in 1950
    4,565 Square Feet Lot
    $-- Zestimate®
    $618/sqft
    $-- HOA

    Overview

    We are pleased to present a rare 60-unit RTI development opportunity located at 222 North Alvarado Street, in Los Angeles, California. The Site consists of 3 adjacent lots totaling 0.31 acres, or 13,707 square feet, and it is zoned R4-1, Tier 2 TOC and is ready-to-issue permits (RTI) for 60- 1 Bedroom / 1 Bathroom apartment units, with 6 of the units being designated for extremely low income (ELI).With a Walk Score of 85, the site is ideally located in a popular and dense rental market. The Offering is in excellent location sitting between Koreatown to the West, Chinatown to the East, Silver Lake to the North and Downtown Los Angeles to the South. The Site is central in location with ease of transit as it is blocks from the 101 Freeway which gives ease of access to both the 5 and 10 Freeways. Future residents enjoy the booming nightlife, dining and shopping of all Downtown has to offer.
    332 days
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    12
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    0
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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 0
      Cooling
      • Wall
      Interior area
      • Total interior livable area: 1,380 sqft

      Property

      Parking
      • Total spaces: 3
      Lot
      • Size: 4,565 Square Feet
      Details
      • Parcel number: 5157021030

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $618/sqft
      • Tax assessed value: $853,369
      • Annual tax amount: $10,246

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        Foreclosure details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,517/mo

        Price history

        DateEventPrice
        10/4/2025Listing removed$23,900,000$17,319/sqft
        Source: CLAW #25572151 Report a problem
        7/31/2025Listed for sale$23,900,000+355.2%$17,319/sqft
        Source: CLAW #25572151 Report a problem
        1/20/2021Listing removed$5,250,000$3,804/sqft
        Source: CLAW #21678524 Report a problem
        1/11/2021Listed for sale$5,250,000+444%$3,804/sqft
        Source: Marcus & Millichap #21678524 Report a problem
        6/12/2018Sold$965,000+37.9%$699/sqft
        Source: Public Record Report a problem
        9/29/2017Sold$700,000-12.4%$507/sqft
        Source: CLAW #17248436 Report a problem
        7/17/2017Pending sale$799,000$579/sqft
        Source: Propnation, Inc. #17248436 Report a problem
        7/6/2017Price change$799,000-0.1%$579/sqft
        Source: Propnation, Inc. #17248436 Report a problem
        3/15/2017Price change$799,999-3.5%$580/sqft
        Source: Keller Williams Beverly Hills #16172564 Report a problem
        1/23/2017Price change$829,000-3.6%$601/sqft
        Source: Keller Williams Beverly Hills #16172564 Report a problem
        10/18/2016Listed for sale$860,000+75.5%$623/sqft
        Source: Keller Williams Beverly Hills #16172564 Report a problem
        10/31/2014Sold$490,000+7.9%$355/sqft
        Source: CLAW #14786701 Report a problem
        5/15/2014Listing removed$1,095$1/sqft
        Source: RTI Properties, Inc Report a problem
        5/10/2014Price change$1,095-8.4%$1/sqft
        Source: RTI Properties, Inc Report a problem
        4/28/2014Listed for rent$1,195$1/sqft
        Source: RTI Properties, Inc Report a problem
        4/1/2005Sold$454,000$329/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,246 +1%$853,369 +2%
        2024$10,149 -20.9%$836,637 -20.7%
        2023$12,837 +3%$1,055,365 +2%
        2022$12,462 +1.3%$1,034,672 +2%
        2021$12,306 -1%$1,014,385 +1%
        2020$12,431 $1,003,985 +2%
        2019$12,431 +32.2%$984,300 +40.6%
        2018$9,403 $700,000 +38%
        2017$9,403 +47.3%$507,420 +2%
        2016$6,385 +2.5%$497,472 +1.5%
        2015$6,229 +56%$490,000 +62.5%
        2014$3,993 $301,517 +2.5%
        2012-- $294,270 -40%
        2010-- $490,256 -0.2%
        2009-- $491,422 +4%
        2007-- $472,341 +2%
        2006-- $463,080 +196.1%
        2005-- $156,407 +6%
        2003-- $147,582 +2%
        2002-- $144,689 +4%
        2000-- $139,072
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Westlake

        Getting around

        90 / 100
        Very Walkable
        69 / 100
        Good Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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