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223 N. Alvarado Street is rated highly for overall value, amenities, and location, with strong trustworthiness and a competitive price point. It offers gated parking, a prime location, oversized windows, soaring high ceilings, and stainless steel kitchen appliances, plus it’s marked great for pet friendliness and has nearby schools and pet services.
Things you’ll love
More spaceElementary school nearbyOutdoor spaceGreat for
Pet owners| 0BR/1.0BA | Studio | 1 bath | 594+ sqft | $2,283 /mo | 2 units available | Discover modern loft living just minutes from Echo Park. These newly remodeled studio lofts were thoughtfully designed for renters who want space that feels open, bright, and effortlessly stylish. This gated property features secure entry and true open-concept studio lofts with soaring high ceilings and oversized windows that flood the space with natural light. A spacious upstairs loft area offers the flexibility to create your own sleeping quarters, home office, or creative studio, the choice is yours. Contemporary finishes throughout give each home a clean, modern feel. The kitchen is equipped with stainless steel appliances, a gas stove, and a built-in microwave, blending sleek design with everyday function. Gated parking is included with your home. Apartment Highlights Open-concept loft layout with a versatile upstairs area, ideal as a sleeping loft, office, or studio space Soaring high ceilings and oversized windows with abundant natural light Stainless steel kitchen appliances Gas stove + built-in microwave Bright, airy, open living area Gated parking included Pet-friendly building Professionally managed property Prime Location Ideally located near Echo Park, Downtown LA, and Koreatown, with easy access to dining, shopping, nightlife, and public transportation. Enjoy connected city living in a modern loft community. The advertised price of $2,283 is the net effective price after applying the 5 weeks free promotion. Net effective rent is calculated by averaging the total rent due over the lease term, factoring in any concessions offered (e.g., free rent periods), and does not represent the actual monthly rent charged in any given month. Effective rent reflects a promotional discount and is subject to change without notice. Actual monthly rent, lease terms, and availability are subject to the terms of the executed lease agreement. Please consult your leasing agent for full pricing details. Move-in special of 5 weeks free on a 13-month lease if signing a lease within 48-hours of applying. In the event the applicant is a recipient of government rental housing assistance, said applicant shall not be bound by the 48 hours limitation set forth above and the lease must be signed within a reasonable time and/or within the time set forth by government rental housing assistance program, as applicable. Optimus Property Management, INC. CA DRE 02287689 |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Balcony |
| Ceiling Fan | Large Closets |
| Patio | Window Covering |
Appliances
| Dishwasher | Fridge |
| Garbage Disposal | Gas Range |
| Microwave | Range |
| Refrigerator |
Building
| Cats OK | Dogs OK |
Other
| Efficient Applicances | Wall A/C & Heater |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 23 |
|---|
Discover modern loft living just minutes from Echo Park. These newly remodeled studio lofts were thoughtfully designed for renters who want space that feels open, bright, and effortlessly stylish. This gated property features secure entry and true open-concept studio lofts with soaring high ceilings and oversized windows that flood the space with natural light. A spacious upstairs loft area offers the flexibility to create your own sleeping quarters, home office, or creative studio, the choice is yours. Contemporary finishes throughout give each home a clean, modern feel. The kitchen is equipped with stainless steel appliances, a gas stove, and a built-in microwave, blending sleek design with everyday function. Gated parking is included with your home. Apartment Highlights Open-concept loft layout with a versatile upstairs area, ideal as a sleeping loft, office, or studio space Soaring high ceilings and oversized windows with abundant natural light Stainless steel kitchen appliances Gas stove + built-in microwave Bright, airy, open living area Gated parking included Pet-friendly building Professionally managed property Prime Location Ideally located near Echo Park, Downtown LA, and Koreatown, with easy access to dining, shopping, nightlife, and public transportation. Enjoy connected city living in a modern loft community. The advertised price of $2,283 is the net effective price after applying the 5 weeks free promotion. Net effective rent is calculated by averaging the total rent due over the lease term, factoring in any concessions offered (e.g., free rent periods), and does not represent the actual monthly rent charged in any given month. Effective rent reflects a promotional discount and is subject to change without notice. Actual monthly rent, lease terms, and availability are subject to the terms of the executed lease agreement. Please consult your leasing agent for full pricing details. Move-in special of 5 weeks free on a 13-month lease if signing a lease within 48-hours of applying. In the event the applicant is a recipient of government rental housing assistance, said applicant shall not be bound by the 48 hours limitation set forth above and the lease must be signed within a reasonable time and/or within the time set forth by government rental housing assistance program, as applicable. Optimus Property Management, INC. CA DRE 02287689
How 223 N. Alvarado Street compares to other nearby properties.
Positives
Considerations
studio apartments at 223 N. Alvarado Street cost about 30% more than the average rent price for studio apartments in Greater Echo Park Elysian.
| Month | Median Rent |
|---|---|
| August 2024 | $1,850 |
| 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 |
| June 2026 | $1,651 |
| July 2026 | $1,650 |
| August 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,799 |
| September 2024 | $1,821 |
| October 2024 | $1,803 |
| November 2024 | $1,857 |
| December 2024 | $1,785 |
| January 2025 | $1,749 |
| February 2025 | $1,719 |
| March 2025 | $1,790 |
| April 2025 | $1,802 |
| May 2025 | $1,795 |
| June 2025 | $1,797 |
| July 2025 | $1,738 |
| August 2025 | $1,607 |
| September 2025 | $1,635 |
| October 2025 | $1,675 |
| November 2025 | $1,706 |
| December 2025 | $1,797 |
| January 2026 | $1,803 |
| February 2026 | $1,795 |
| March 2026 | $1,790 |
| April 2026 | $1,753 |
| May 2026 | $1,673 |
| June 2026 | $1,697 |
| July 2026 | $1,687 |
| August 2026 | $1,749 |
Can I afford to live at 223 N Alvarado St?
Bedrooms
StudioRent-to-income ratio
30%
$91,320/yr
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Westchester-Playa Del Rey • 13141 Fountain Park Dr
1–2 Beds
$2,859–$3,789
Hollywood Studio District • 5750 Hollywood Blvd
Studio–2 Beds
$1,999–$5,967
Marina del Rey • 4750 Lincoln Blvd
1–2 Beds
$2,709–$3,977
Central Hollywood • 1410 N Highland Ave
1 Bed
$1,395–$2,195
Mid-City West • 5700 W 6th St
1–2 Beds
$2,635–$4,302
Downtown Los Angeles • 1027 Wilshire Blvd
Studio–2 Beds
$2,099–$4,047
Hollywood Hills West • 1714 N Mccadden Pl
Studio–2 Beds
$2,450–$4,678
East Hollywood • 200 N Vermont Ave
Studio–2 Beds
$2,429–$5,009
