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Highlights
Pet Friendly
Location
1407 Alvarado Ter, Los Angeles, CA 90006, USA|Pico Union
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Amenities for 1407 Alvarado Ter, Pico Union
Building
| Cats OK | Dogs OK |
Grounds
| Assigned Parking | Outdoor Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
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About 1407 Alvarado Ter
Section 8 accepted. Please only call between 9AM and 5 PM to ensure we can respond promptly Located in the historic and architecturally distinctive Alvarado Terrace neighborhood of Los Angeles, Unit 4 at 1407 Alvarado Terrace, Los Angeles, CA offers a charming and comfortable one-bedroom, one-bathroom apartment that blends classic character with everyday convenience. This approximately 600 square foot residence provides a spacious and functional layout, making it an ideal home for anyone seeking a well-located apartment with generous living space in one of Los Angeles' most centrally connected neighborhoods. Inside the home, residents will find a thoughtfully designed interior with a comfortable living area that receives abundant natural light from large windows, creating a bright and welcoming atmosphere throughout the apartment. The bedroom offers a quiet and private retreat with ample closet space for easy organization. The kitchen provides the essential appliances and workspace needed for everyday cooking, while the bathroom is conveniently located to serve both the bedroom and living areas. The layout makes excellent use of the available space, offering both comfort and practicality for daily living. One of the standout features of this home is the included parking space, a highly valuable amenity in this part of Los Angeles where off-street parking can be difficult to find. Having dedicated parking provides residents with added convenience and peace of mind when returning home, making this unit particularly appealing for tenants who commute or regularly travel throughout the city. The surrounding neighborhood offers an exceptional central Los Angeles location. Alvarado Terrace sits just minutes from Downtown Los Angeles, Koreatown, and Westlake, placing residents within easy reach of some of the city's most exciting dining, entertainment, and cultural destinations. Nearby MacArthur Park offers green space, walking paths, and scenic lake views with the downtown skyline in the background. Koreatown's renowned dining scene is only a short drive away, offering world-famous Korean barbecue restaurants, cafés, bakeries, and nightlife. Residents are also close to grocery stores, neighborhood markets, coffee shops, and everyday conveniences that make daily errands simple and accessible. Sports fans and entertainment lovers will appreciate the proximity to some of Los Angeles' most iconic venues. Dodger Stadium, Crypto. com Arena, and LA Live are all located nearby, hosting major sporting events, concerts, and entertainment throughout the year. The nearby USC campus and University Park area provide additional cultural attractions, restaurants, and community amenities. Commuting throughout Los Angeles is easy thanks to convenient access to major transportation routes including the 101 Freeway, Interstate 10, and the 110 Freeway. The nearby Westlake/MacArthur Park Metro Station also provides access to multiple rail lines, allowing residents to travel easily to Downtown Los Angeles, Hollywood, and surrounding neighborhoods without needing a car. Unit 4 offers an excellent opportunity to enjoy a comfortable one-bedroom apartment with included parking in a central Los Angeles location that provides easy access to employment hubs, cultural destinations, and some of the city's best dining and entertainment. Qualified applicants should be prepared to provide valid identification, solid proof of income, recent bank statements, and demons..
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1407 Alvarado Ter compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.1 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | Pico Union |
|---|---|
| Zip code | 90006 |
| Type | Apartment for rent |
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Rent trends in Pico Union
1-bedroom apartments at 1407 Alvarado Ter cost about 1% less than the average rent price for 1-bedroom apartments in Los Angeles.
Median rents as of May 2 2026.
Pico Union
Los Angeles
| Month | Median Rent |
|---|---|
| May 2024 | $2,300 |
| June 2024 | $2,338 |
| July 2024 | $2,365 |
| August 2024 | $2,415 |
| September 2024 | $2,442 |
| October 2024 | $2,416 |
| November 2024 | $2,494 |
| December 2024 | $2,522 |
| January 2025 | $2,517 |
| February 2025 | $2,401 |
| March 2025 | $2,359 |
| April 2025 | $2,300 |
| May 2025 | $2,298 |
| June 2025 | $2,299 |
| July 2025 | $2,295 |
| August 2025 | $2,253 |
| September 2025 | $2,250 |
| October 2025 | $2,243 |
| November 2025 | $2,227 |
| December 2025 | $2,262 |
| January 2026 | $2,292 |
| February 2026 | $2,286 |
| March 2026 | $2,287 |
| April 2026 | $2,218 |
| May 2026 | $2,195 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,847 |
| June 2024 | $1,891 |
| July 2024 | $1,798 |
| August 2024 | $1,824 |
| September 2024 | $1,997 |
| October 2024 | $1,883 |
| November 2024 | $1,887 |
| December 2024 | $1,861 |
| January 2025 | $2,005 |
| February 2025 | $2,146 |
| March 2025 | $1,948 |
| April 2025 | $1,859 |
| May 2025 | $1,844 |
| June 2025 | $1,809 |
| July 2025 | $1,886 |
| August 2025 | $1,942 |
| September 2025 | $1,843 |
| October 2025 | $1,805 |
| November 2025 | $1,849 |
| December 2025 | $1,875 |
| January 2026 | $1,872 |
| February 2026 | $1,835 |
| March 2026 | $1,882 |
| April 2026 | $1,776 |
| May 2026 | $1,720 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 5 years ago | $1,395 |
Schools near 1407 Alvarado Ter
Sophia T. Salvin Special Education Center
1925 budlong ave
los angeles, CA, 90007
K-10Public
Foshay Learning Center
3751 s harvard blvd
los angeles, CA, 90018
K-12Public
B+
Leadership & Public Service Virtual Academy
333 s beaudry ave 11th floor
los angeles, CA, 90017
K-12Public
Computer Science Virtual Academy
333 s beaudry ave 11th floor
los angeles, CA, 90017
K-12Public
STEAM Virtual Academy
333 s beaudry ave 11th fl
los angeles, CA, 90017
K-12Public
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Internet available near 1407 Alvarado Ter
Getting around Los Angeles near 1407 Alvarado Ter
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 1407 Alvarado Ter, Los Angeles
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
8/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
6/10
Some bars within a few minutes’ walk
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