222 N ALVARADO ST IS A 62-UNIT APARTMENT BUILDING COMPLETED IN 2025, LOCATED IN THE CULTURALLY RICH NEIGHBORHOOD OF ECHO PARK, LOS ANGELES. This brand-new asset offers investors the rare chance to own a building with immediate cash flow and long-term upside. With 12 units already leased and market rents at $2,475–$2,800 for 1BRs, the property is primed for performance from day one. Nestled just west of Downtown LA, Echo Park combines historic charm with modern urban energy. Residents are steps from indie theaters, art galleries, and popular eateries, and just minutes from some of the city’s most beloved green spaces — Vista Hermosa, Echo Park Lake, and Elysian Park. Positioned in one of LA’s highest-demand rental pockets, 222 N Alvarado St stands out with its premium new construction, below-market price per unit, and unmatched flexibility. Easy access to the 101 and 110 freeways ensures strong commuter appeal and connectivity across the Greater LA region. With 52 parking spots, no deferred maintenance, and a design built to attract quality tenants, this property is an exceptional opportunity to capture stable returns in a supply-constrained market with consistent rent growth.