1 Day Ago
Highlights
- Convenient location
- On-site laundry room
- Gated building
Location
1435 Alvarado Ter, Los Angeles, CA 90006, USA|Pico Union
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Property Overview
Terrace Alvarado offers an impressive overall rating of 8.1 out of 10, reflecting its competitive pricing and excellent balance between value and amenities, rated at 8 out of 10. The property's prime location rates 9 out of 10, providing unrivaled access to transportation, dining, and recreational options, while notable features include a gated environment and on-site laundry. Additionally, the area promotes sustainability with ample parks and public transit, fostering an engaging social atmosphere for residents.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby
Great for
Social life
Eco living
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 360+ sqft | $1,650–$1,700 /mo | 2 units available | Available Single Apartment for Rent - Completely Renovated - $1,700.00/month A move-in-ready single apartment is available near the 110 Freeway, Crypto Arena, Convention Center, LA Live, gas stations, restaurants, Bars, banks, bus stops, and an excellent location in Los Angeles. The apartment is located at 1435 Alvarado Terrace Los Angeles, CA 90006 This charming single apartment features: Siling Fan * Stove * Gated building * No assigned parking (street parking only) * Utilities: Water and trash are included * Laundry room on site * We accept Section 8 Bright and clean space ideal for students, creative individuals, or professionals seeking a convenient location and relaxed neighborhood atmosphere. Rent: $1,700.00/month Deposit: One month’s rent (negotiable depending on credit score 600 and above) Lease Term: 12 months Please contact Octavio at 213-999-0219 to schedule an appointment or complete your online application at www mrinvestments com *** Se Habla Español *** |
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Amenities for Terrace Alvarado
Appliances
| Range | Stove |
Services
| Water and Trash |
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
Building details
Property details
| Units | 30 |
|---|
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About Terrace Alvarado
Available Single Apartment for Rent - Completely Renovated - $1,700.00/month A move-in-ready single apartment is available near the 110 Freeway, Crypto Arena, Convention Center, LA Live, gas stations, restaurants, Bars, banks, bus stops, and an excellent location in Los Angeles. The apartment is located at 1435 Alvarado Terrace Los Angeles, CA 90006 This charming single apartment features: Siling Fan * Stove * Gated building * No assigned parking (street parking only) * Utilities: Water and trash are included * Laundry room on site * We accept Section 8 Bright and clean space ideal for students, creative individuals, or professionals seeking a convenient location and relaxed neighborhood atmosphere. Rent: $1,700.00/month Deposit: One month’s rent (negotiable depending on credit score 600 and above) Lease Term: 12 months Please contact Octavio at 213-999-0219 to schedule an appointment or complete your online application at www mrinvestments com *** Se Habla Español ***
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.1
/10
Very GoodWith a solid 8.1 out of 10 overall, Terrace Alvarado is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Terrace Alvarado has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Terrace Alvarado stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Terrace Alvarado is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Terrace Alvarado is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Terrace Alvarado does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Terrace Alvarado is great for:
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 Terrace Alvarado compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.2 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.3 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Pico Union
studio apartments at Terrace Alvarado cost about 18% more than the average rent price for studio apartments in Pico Union.
Median rents as of Jan 3 2026.
Pico Union
Los Angeles
| Month | Median Rent |
|---|---|
| February 2024 | $1,695 |
| March 2024 | $1,712 |
| 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 | $1,745 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,350 |
| March 2024 | $1,391 |
| April 2024 | $1,399 |
| May 2024 | $1,450 |
| June 2024 | $1,403 |
| July 2024 | $1,459 |
| August 2024 | $1,450 |
| September 2024 | $1,450 |
| October 2024 | $1,495 |
| November 2024 | $1,486 |
| December 2024 | $1,468 |
| January 2025 | $1,447 |
| February 2025 | $1,402 |
| March 2025 | $1,396 |
| April 2025 | $1,327 |
| May 2025 | $1,384 |
| June 2025 | $1,385 |
| July 2025 | $1,377 |
| August 2025 | $1,344 |
| September 2025 | $1,310 |
| October 2025 | $1,320 |
| November 2025 | $1,384 |
| December 2025 | $1,397 |
| January 2026 | $1,399 |
Affordability calculator
Can I afford to live at 1435 Alvarado Ter?
Bedrooms
StudioRent-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
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this studio monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.
Schools near Terrace Alvarado
Magnolia Avenue Elementary School
1626 s orchard ave
los angeles, CA, 90006
K-5Public
C+
Sophia T. Salvin Special Education Center
1925 budlong ave
los angeles, CA, 90007
K-10Public
Marlton
4000 santo tomas dr
los angeles, CA, 90008
K-12Public
City of Angels
221 s eman ave
los angeles, CA, 90063
K-12Public
B
Charles Leroy Lowman Special Ed & Career Transition Center
12827 saticoy st
north hollywood, CA, 91605
K-12Public
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Internet available near Terrace Alvarado
Getting around Los Angeles near 1435 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
6/10
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 1435 Alvarado Ter, Los Angeles
Groceries
10/10
Several grocery stores nearby
Shopping
10/10
Wide variety of shops within a few minutes' walk
Cafes
8/10
Variety of cafés within a few minutes' walk
Restaurants
9/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
6/10
Variety of bars within walking distance
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