1821 N Alexandria Ave - Apartments FOR SALE


Los Angeles, CA 90027- Los Feliz
$7,900,000 USD
626-786-5869
1821 N Alexandria Ave, Los Angeles, CA for Sale
$7,900,000 USD
Apartments - FOR SALE
1/20
null | 3.91% Cap Rate

1821 N Alexandria Ave
Los Angeles, CA 90027
Los Feliz


HIGHLIGHTS

  • Value Add with Below Market Rent & Two Vacant Units (1+1 and 2+2)
  • Prime Hollywood Los Feliz Location: Positioned Between Vibrant Hollywood Blvd and Franklin Ave, One of LA's Most Desirable Neighborhoods
  • Surrounded by Numerous Amenities and Close Proximity to Griffith Observatory, Hollywood Bowl and Walk of Fame, Thai Town and Little Armenia
  • Bread and Butter Multifamily Investment with Desirable Unit Mix
  • Less than a Mile from Vermont / Sunset Station (Red Line) and Hollywood / Western Station (Red Line)
  • Close Proximity to CA 101 FWY

OVERVIEW

CAP RATE is based on Proforma Leasing Two Vacant Units (1+1 and 2+2)

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$467 USD /SF

# OF UNITS

20

PRICE/UNIT

$395,000

CAP RATE

3.91%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Los Feliz Value Add 20-Unit Apartment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,812 SF

ZONING

LARD1.5

APN/PARCEL ID

5589-034-028

ASK ABOUT THIS PROPERTY

Jorge YamzonLEVEL UP PROPERTY & ANCHOR ASSET MANAGMENTMore Info
626-786-5869

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Jorge YamzonLEVEL UP PROPERTY & ANCHOR ASSET MANAGMENTMore Info
626-786-5869

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