512 N Alexandria Avenue Active

Los Angeles,CA 90004

$ 2726000

- Bed

0 Bath

11184 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,184 sqft

Price per Sqft $243

MLS Listing ID CL25595735

HOA Y/N No

Year Built 1929

Lot Size 8,605 Sqft

Acres 0.2

Property Sub-Type Other

Property Description

We are proud to present 512 N Alexandria Avenue, a meticulously maintained 16-unit multifamily building in the highly desirable East Hollywood submarket. This property benefits from a prime location, boasting a Walk Score of 85,and providing residents with convenient access to public transportation and the 101 freeway. The property consists of a unit mix of four studios and twelve one-bedroom units. Among the amenities are a garden patio area, on-site, app paid laundry facilities, solar panels, master-metered utilities, extensive storage space, and the benefits of an on-site manager, streamlining operations and enhancing tenant satisfaction. This property's prime location, coupled with the attractive features, firmly positions 512 N Alexandria Avenue as a solid investment in a thriving submarket. The property offers significant potential for long-term value appreciation, driven by the continued desirability of the East Hollywood neighborhood, presenting a compelling and highly sought after opportunity for discerning investors seeking a stable and profitable asset in a prime Los Angeles location.

Location

State CA

County Los Angeles

Zoning R3-1

Interior

Heating Other

Fireplace No

Building

New Construction No

Others

Tax ID 5520009025

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