ONE-OF-A-KIND ASSET Built in 1929, 512 N Alexandria Avenue is a unique and special investment opportunity on a great street in East Hollywood near Koreatown. TASTEFUL DESIGN AND COMMON AREAS Investors and tenants alike will note the striking and welcoming 1920s design and aesthetic throughout. The units are large and feature multiple original details, including high ceilings, arched passageways, and built-in shelving. MASTER METERED FOR UTILITIES 512 N Alexandria Avenue is master metered. Potentiality exists to create new revenue streams with the implementation of a RUBs system. WELL-LOCATED Located in East Hollywood, 512 N Alexandria Avenue is a short distance from the City's primary employers in Koreatown, Downtown Los Angeles, and Hollywood, and has world-class access to public transportation. BEAUTIFUL ORIGINAL UNITS 512 N Alexandria Avenue consists of 16 attractive units, including fourteen (14) One Bedroom / One Bath units and four (4) Studio apartments. VALUE-ADD OPPORTUNITY Investors may be able to further increase income through unit upgrades when units turn over, as well as the potential for ADUs in two different lower-level spaces. ONSITE AMENITIES Building amenities include secure property access, outdoor patio gathering area, twelve walk-in storage units in the basement, and on-site washers and dryers (lease is cancellable). GREAT WALKABILITY 512 Alexandria Avenue has a Walk Score of 85 out of 100. This location is Very Walkable, so most errands can be accomplished on foot. 512 Alexandria Avenue is a 10-minute walk from the Metro B Line (Red) at the Vermont / Beverly Station.