Apartment for rent

Pet friendly

5+ Days Ago

340 1/2 S Alvarado St #508D
340 1/2 S Alvarado St #508D, Los Angeles, CA 90057, USA

Monthly rent	$1,199
Beds	Studio
Baths	1
Sqft	450

Monthly rent	$1,199
Beds	Studio
Baths	1
Sqft	450

5+ Days Ago

Highlights

Pet Friendly

Ceiling fan
Quartz countertops
On-site laundry
Built-in shelving
Custom hardwood cabinetry
Sleek hardwood-style floors

Location

340 1/2 S Alvarado St #508D, Los Angeles, CA 90057, USA|Westlake

Tour 340 1/2 S Alvarado St #508D

Contact

Lightning Leasing

(213) 398-8362

Amenities for 340 1/2 S Alvarado St #508D, Westlake

Apartment Amenities

Air Conditioning	Ceiling Fan
Gas and Electric Included	Hardwood Floor
Kitchen Recently Updated	Water & Sewer Included

Building

Cats OK	Dogs OK
Onsite Laundry

Services

Trash Removal Included

Other

One Year Lease

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

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

About 340 1/2 S Alvarado St #508D

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Apartments in Los Angeles

Westlake

340 1/2 S Alvarado St #508D, Los Angeles, CA 90057, USA

Sweet deal!

This listing is 12% below the median price for studio apartments in Westlake.

Sleek & Sunny Studio Vibes in the Heart of Westlake - $500 Deposit on Approved Credit! Looking for that perfect mix of style, space, and city energy? This updated studio brings the heat—and the light—with fresh finishes, functional flow, and a cool spot right near all the Westlake action. Let the sunshine pour in through big windows that light up the sleek hardwood-style floors. Chill in comfort year-round with a window A/C, gas furnace, and ceiling fan to keep things just right. Closet space? Oh yeah—built-in shelving and hanging rods make staying organized a breeze. The kitchen’s got that modern glow with quartz countertops, custom hardwood cabinetry, and a stainless steel stove/oven for your midnight grilled cheese or weekend brunch sessions. The bathroom? Total vibe. Deep soaking tub, fresh tile, and a vanity mirror that gets it. Stay stress-free with all utilities bundled for just $45/month—electric, gas, water, sewage, and trash. On-site laundry keeps life easy. Got a small pet under 25 lbs? Bring them along! We love tiny companions. You’re minutes from shopping, bites, transit, and MacArthur Park—with quick freeway access when you're ready to explore the rest of LA. Street parking only. Available now. One-year lease. Disclaimer: Photos are of a similar unit and may not reflect the exact apartment available. Layout and finishes may vary.

Address details

Neighborhood	Westlake
Zip code	90057
Type	Apartment for rent

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Rent trends in Westlake

studio apartments at 340 1/2 S Alvarado St #508D cost about 12% less than the average rent price for studio apartments in Los Angeles.

Median rents as of Feb 21 2026.

Westlake

Los Angeles

A table of studio rental data trends in Los Angeles
Month	Median Rent
March 2024	$1,717
April 2024	$1,718
May 2024	$1,750
June 2024	$1,778
July 2024	$1,816
August 2024	$1,848
September 2024	$1,848
October 2024	$1,801
November 2024	$1,814
December 2024	$1,845
January 2025	$1,848
February 2025	$1,815
March 2025	$1,810
April 2025	$1,756
May 2025	$1,745
June 2025	$1,750
July 2025	$1,750
August 2025	$1,736
September 2025	$1,702
October 2025	$1,702
November 2025	$1,709
December 2025	$1,738
January 2026	$1,739
February 2026	$1,730

A table of studio rental data trends in Westlake
Month	Median Rent
March 2024	$1,296
April 2024	$1,301
May 2024	$1,385
June 2024	$1,367
July 2024	$1,375
August 2024	$1,378
September 2024	$1,392
October 2024	$1,388
November 2024	$1,379
December 2024	$1,367
January 2025	$1,346
February 2025	$1,330
March 2025	$1,368
April 2025	$1,385
May 2025	$1,350
June 2025	$1,370
July 2025	$1,352
August 2025	$1,362
September 2025	$1,309
October 2025	$1,331
November 2025	$1,348
December 2025	$1,357
January 2026	$1,350
February 2026	$1,354

Affordability calculator

Can I afford to live at 340 1/2 S Alvarado St #508D?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$47,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $47,960 annually to afford this studio monthly rent price of $1,199.

For more information on rent affordability, visit our rent calculator.

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