1548 N Alexandria Ave - Apartments FOR SALE


Los Angeles, CA 90027- East Hollywood
$3,275,000 USD
818-588-0103
1548 N Alexandria Ave, Los Angeles, CA for Sale
$3,275,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

1548 N Alexandria Ave
Los Angeles, CA 90027
East Hollywood


OVERVIEW

Prime Los Feliz 9-Unit Investment Opportunity with an ADU & Capital Improvements. Exceptional multifamily property located in highly desirable Los Feliz area. This well-maintained 9-unit building includes a strong unit mix consisting of 6 x 1-bedroom/1-bath, 1 x 2-bedroom/2-bath, 1 studio, and 1 ADU 1bedroom and 1 bath, with a private terrace. Each unit enjoys separate utility meters and one on-site parking space. Lot of notable features and upgrades. Significant capital improvements completed. Copper plumbing throughout. LA seismic retrofit mandate satisfied, newer roof, On-site laundry facilities. Strong in-place tenancy with long-term residents. The property is situated in a prime employment hub, surrounded by a wide range of industries, offering strong rental demand and potential upside. The excellent unit mix appeals to a broad tenant base. Don’t miss this rare opportunity. Per unit is $364,000.

FOR SALE DETAILS

PRICE

$3,275,000 USD

PRICE/SF

$514 USD /SF

# OF UNITS

9

PRICE/UNIT

$363,889

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,830 SF

ZONING

RD1.5, Los Angeles

APN/PARCEL ID

5543-006-003

ASK ABOUT THIS PROPERTY

Sara MagpapianColdwell Banker Hallmark RealtyMore Info
818-588-0103

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Sara MagpapianColdwell Banker Hallmark RealtyMore Info
818-588-0103

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.