Apartment for rent

Pet friendly

5+ Days Ago

342 1/2 S Alvarado St #505B
342 1/2 S Alvarado St #505B, Los Angeles, CA 90057, USA

Monthly rent	$1,350
Beds	Studio
Baths	1
Sqft	450

Monthly rent	$1,350
Beds	Studio
Baths	1
Sqft	450

5+ Days Ago

Highlights

Pet Friendly

Ceiling fan
Quartz countertops
On-site laundry
Large windows
Ample closet space
Built-in shelving

Location

342 1/2 S Alvarado St #505B, Los Angeles, CA 90057, USA|Westlake

Tour 342 1/2 S Alvarado St #505B

Contact

Lightning Leasing

(213) 398-8362

Property Overview

A bright, functional space featuring large windows, quartz countertops, ceiling fan, built-in shelving, ample closet storage, and on-site laundry offers everyday convenience and comfort. Great for someone seeking a practical and stylish home base in Los Angeles with a clean, modern feel and thoughtful storage solutions.

Things you’ll love

High school nearby
Elementary school nearby
More space

Great for

Pet owners

Amenities for 342 1/2 S Alvarado St #505B, Westlake

Apartment Amenities

Air Conditioning	Ceiling Fan
Gas and Electric Included	Hardwood Floor
Kitchen Recently Updated	Utilities Included
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.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

About 342 1/2 S Alvarado St #505B

Home

Apartments in Los Angeles

Westlake

342 1/2 S Alvarado St #505B, Los Angeles, CA 90057, USA

Bright & Stylish Westlake Studio – Updated Comfort in a Prime Spot This beautifully updated studio offers a bright and inviting atmosphere, blending comfort and style with modern finishes and plenty of natural light. Features You'll Love: - Spacious layout with large windows that fill the space with sunlight, highlighting sleek hardwood-style floors - Efficient climate control with a window A/C, cozy gas furnace, and ceiling fan for year-round comfort - Ample closet space with built-in shelving and a hanging rod for easy organization - Stylish kitchen featuring a stainless steel stove/oven, quartz countertops, and custom hardwood cabinetry - Modern bathroom with a deep soaking tub, stylish tile backsplash, and vanity with mirror - Hassle-free utilities for just $45/month, covering electric, gas, water, sewage, and trash - Convenient on-site laundry to simplify your daily routine - Pet-friendly for small pets under 25 lbs with minimal monthly pet rent - Centrally located near shopping, dining, public transit, and freeways, with easy access to MacArthur Park and St. Vincent Medical Center Available for immediate move-in. One-year lease. Street parking only. Disclaimer: Photos shown are of a similar unit and may not reflect the exact apartment currently available. Layout and finishes may vary. Showings may not be one-on-one. Schedule a tour today!

Property highlights

How 342 1/2 S Alvarado St #505B compares to other nearby properties.

Positives

High school nearby: There is a high school 0.1 mile away
Elementary school nearby: There is an elementary school 0.1 mile away
More space: Studio is 50 sqft larger than other listings nearby
Images Available: There are at least 10 photos of this address

Address details

Neighborhood	Westlake
Zip code	90057
Type	Apartment for rent

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Rent trends in Westlake

studio apartments at 342 1/2 S Alvarado St #505B cost about 4% more than the average rent price for studio apartments in Los Angeles.

Median rents as of May 16 2026.

Westlake

Los Angeles

A table of studio rental data trends in Los Angeles
Month	Median Rent
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	$1,721
March 2026	$1,697
April 2026	$1,690
May 2026	$1,650

A table of studio rental data trends in Westlake
Month	Median Rent
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	$1,360
March 2026	$1,343
April 2026	$1,298
May 2026	$1,298

Affordability calculator

Can I afford to live at 342 1/2 S Alvarado St #505B?

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

$54,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this studio monthly rent price of $1,350.

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

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