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Terrace Alvarado is a highly rated community (8.3/10 overall) with excellent value, amenities, and location, highlighted by controlled access, on-site laundry, and modern renovated interiors with stylish laminate wood flooring. Residents benefit from strong walkability, abundant nearby dining and parks, convenient public transit, on-site recycling or composting options, and good access to schools, making it appealing for socially active, sustainability-minded renters seeking a professionally managed, prime-location property.
Things you’ll love
High school nearbyGreat for
Eco living
Social life| 0BR/1.0BA | Studio | 1 bath | 378+ sqft | $1,650–$1,750 /mo | 3 units available | *** UNBELIEVABLE MOVE-IN SPECIAL: NO DEPOSIT + HALF OFF FIRST MONTH'S RENT! (OAC) *** Charming, Renovated Studio Near DTLA & LA Live! – Now Just $1,750/month! STOP LOOKING and start packing! Move right into this bright, completely renovated studio apartment, ideally located in a unique Historic District setting just minutes from the excitement of Downtown LA, LA Live, and Koreatown. Enjoy a vibrant city lifestyle at an affordable price, plus take advantage of our absolutely amazing move-in deals! The apartment is located at 1435 Alvarado Terrace, Los Angeles, CA 90006. The Prime Location: This exceptional location offers unparalleled convenience. You are just blocks away from Crypto. com Arena and the Los Angeles Convention Center. You will be surrounded by an endless choice of trendy coffee shops, diverse restaurants, banks, bars, gyms, and nightlife. Commuting is a breeze with extensive bus stops nearby and easy access to the Metro Blue Line. Everything You Need: * This bright and clean renovated space features: * Modern renovated interior * Stylish laminate wood flooring throughout * Full kitchenette with Stove and Refrigerator included * On-site laundry room facilities * Secured, gated building with controlled access * Water and trash utilities are included in the rent! This space is perfect for students, creative individuals, or professionals seeking unparalleled convenience in a dynamic neighborhood. Financial Details: * Monthly Rent: $1,750.00 (Reduced!) * Lease Term: 12 months * Parking: Street parking only *** THE AMAZING SPECIAL DEALS (On Approved Credit - OAC) *** ** DEPOSIT: $0.00 (ZERO! NO DEPOSIT!) for qualified applicants. ** FIRST MONTH'S RENT: Pay ONLY HALF ($875.00) for your first month! (Note: Move-in specials are subject to credit approval and satisfactory application review). These incredible opportunities will go fast! Available now! Kindly contact Octavio immediately at 213-999-0219 via phone or text to schedule an appointment and see if you can get these amazing deals, or complete your online application at www mrinvestments com ** Hablamos español ** |
Let's explore this property.
Apartment Amenities
| Utilities Included |
Appliances
| Stove |
Services
| Water Trash |
One-time.
| Units | 30 |
|---|
*** UNBELIEVABLE MOVE-IN SPECIAL: NO DEPOSIT + HALF OFF FIRST MONTH'S RENT! (OAC) *** Charming, Renovated Studio Near DTLA & LA Live! – Now Just $1,750/month! STOP LOOKING and start packing! Move right into this bright, completely renovated studio apartment, ideally located in a unique Historic District setting just minutes from the excitement of Downtown LA, LA Live, and Koreatown. Enjoy a vibrant city lifestyle at an affordable price, plus take advantage of our absolutely amazing move-in deals! The apartment is located at 1435 Alvarado Terrace, Los Angeles, CA 90006. The Prime Location: This exceptional location offers unparalleled convenience. You are just blocks away from Crypto. com Arena and the Los Angeles Convention Center. You will be surrounded by an endless choice of trendy coffee shops, diverse restaurants, banks, bars, gyms, and nightlife. Commuting is a breeze with extensive bus stops nearby and easy access to the Metro Blue Line. Everything You Need: * This bright and clean renovated space features: * Modern renovated interior * Stylish laminate wood flooring throughout * Full kitchenette with Stove and Refrigerator included * On-site laundry room facilities * Secured, gated building with controlled access * Water and trash utilities are included in the rent! This space is perfect for students, creative individuals, or professionals seeking unparalleled convenience in a dynamic neighborhood. Financial Details: * Monthly Rent: $1,750.00 (Reduced!) * Lease Term: 12 months * Parking: Street parking only *** THE AMAZING SPECIAL DEALS (On Approved Credit - OAC) *** ** DEPOSIT: $0.00 (ZERO! NO DEPOSIT!) for qualified applicants. ** FIRST MONTH'S RENT: Pay ONLY HALF ($875.00) for your first month! (Note: Move-in specials are subject to credit approval and satisfactory application review). These incredible opportunities will go fast! Available now! Kindly contact Octavio immediately at 213-999-0219 via phone or text to schedule an appointment and see if you can get these amazing deals, or complete your online application at www mrinvestments com ** Hablamos español **
How Terrace Alvarado compares to other nearby properties.
Positives
Considerations
studio apartments at Terrace Alvarado cost about 23% more than the average rent price for studio apartments in Pico Union.
| Month | Median Rent |
|---|---|
| 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 | $1,721 |
| March 2026 | $1,697 |
| April 2026 | $1,690 |
| May 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| 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 | $1,400 |
| February 2026 | $1,391 |
| March 2026 | $1,385 |
| April 2026 | $1,361 |
| May 2026 | $1,347 |
Can I afford to live at 1435 Alvarado Ter?
Bedrooms
StudioRent-to-income ratio
30%
$66,000/yr
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Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,299–$4,706
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,050–$4,883
Central Hollywood • 1410 N Highland Ave
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$1,541–$2,195
Hollywood Studio District • 5750 Hollywood Blvd
Studio–2 Beds
$1,999–$7,898
East Hollywood • 1419 N New Hampshire Ave
1 Bed
$1,629–$2,252
Greater Griffith Park • 3360 Rowena Ave
Studio
$1,795
Studio City • 11220 Moorpark St
Studio–2 Beds
$2,250–$2,295
Greater Echo Park Elysian • 355 Glendale Blvd
Studio–2 Beds
$1,599 –$5,354
