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223 N. Alvarado Street offers a prime location with convenient access to amenities and features such as on-site laundry, a controlled access building, and a private balcony overlooking a courtyard. With impressive ratings, including an overall score of 8.6 from Zumper, the property provides excellent value, highlighted by its 10 out of 10 price rating. Additionally, it stands out for its pet-friendly environment and proximity to local schools and services, enhancing the overall living experience.
Things you’ll love
More spaceElementary school nearbyOutdoor spaceGreat for
Pet owners| 0BR/1.0BA | Studio | 1 bath | 662 sqft | $2,335 /mo | 1 unit available | Experience elevated living in this beautifully designed studio loft apartment located in the vibrant Westlake neighborhood of Los Angeles. This unique, open-concept space features double-height ceilings, expansive floor-to-ceiling windows, and an abundance of natural light. The loft-style layout includes a staircase that leads to an upper-level mezzanine, offering a stylish separation between living and sleeping areas. Step out onto your private balcony with a peaceful view of the courtyard—ideal for your morning coffee or unwinding in the evening. Apartment Features: Loft-style layout with staircase Private balcony overlooking the courtyard High ceilings & large windows = tons of natural light Modern kitchen: stove, fridge, microwave, dishwasher Updated bathroom 1 Parking Space Included On-site laundry Controlled access building Professionally managed Prime Location: Minutes from DTLA, Echo Park, Sunset Blvd, and the Metro Red/Purple Lines. Walk to Gigi’s Café, Tierra Mia Coffee, Elf Café, Lassens, and more! *Disclaimers: Floor plans may vary by unit and by location at the Property. Move-in special of 6 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. The move in special however, shall only apply to applicant/proposed tenant's share of the rent due and shall not apply to the rental assistance provided by the government program. 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 | Microwave |
| Range | Refrigerator |
| Stove |
Building
| Cats OK | Dogs OK |
| Allowed | Â |
|---|---|
| Limit | 1 |
| Allowed | Â |
|---|---|
| Limit | 1 |
| Units | 23 |
|---|
Experience elevated living in this beautifully designed studio loft apartment located in the vibrant Westlake neighborhood of Los Angeles. This unique, open-concept space features double-height ceilings, expansive floor-to-ceiling windows, and an abundance of natural light. The loft-style layout includes a staircase that leads to an upper-level mezzanine, offering a stylish separation between living and sleeping areas. Step out onto your private balcony with a peaceful view of the courtyard—ideal for your morning coffee or unwinding in the evening. Apartment Features: Loft-style layout with staircase Private balcony overlooking the courtyard High ceilings & large windows = tons of natural light Modern kitchen: stove, fridge, microwave, dishwasher Updated bathroom 1 Parking Space Included On-site laundry Controlled access building Professionally managed Prime Location: Minutes from DTLA, Echo Park, Sunset Blvd, and the Metro Red/Purple Lines. Walk to Gigi’s Café, Tierra Mia Coffee, Elf Café, Lassens, and more! *Disclaimers: Floor plans may vary by unit and by location at the Property. Move-in special of 6 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. The move in special however, shall only apply to applicant/proposed tenant's share of the rent due and shall not apply to the rental assistance provided by the government program. 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 46% more than the average rent price for studio apartments in Greater Echo Park Elysian.
| Month | Median Rent |
|---|---|
| September 2023 | $1,840 |
| October 2023 | $1,817 |
| November 2023 | $1,796 |
| December 2023 | $1,777 |
| January 2024 | $1,785 |
| 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 | $1,700 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,840 |
| October 2023 | $1,836 |
| November 2023 | $1,792 |
| December 2023 | $1,697 |
| January 2024 | $1,677 |
| February 2024 | $1,750 |
| March 2024 | $1,682 |
| April 2024 | $1,703 |
| May 2024 | $1,790 |
| June 2024 | $1,819 |
| July 2024 | $1,715 |
| August 2024 | $1,724 |
| 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 | $1,595 |
Can I afford to live at 223 N Alvarado St?
Bedrooms
StudioRent-to-income ratio
30%
$93,400/yr
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East Hollywood • 4575 Santa Monica Blvd
Studio–1 Bed
$1,750–$2,445
Mid-City West • 5700 W 6th St
1 Bed
$2,447–$2,963
Central Hollywood • 1530 Cassil Pl
Studio–1 Bed
$2,907–$3,449
Greater Echo Park Elysian • 333 Belmont Ave
Studio
$1,849
Downtown Los Angeles • 125 4th Street
Studio–1 Bed
$2,400–$3,189
Greater Echo Park Elysian • 1100 W Temple St
Studio–1 Bed
$1,991–$2,580
