714-745-2708

244 S Alexandria Avenue, Los Angeles, CA 90004

$1,795,000 Approx. USD 8 beds, 8 baths
4,228 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Toni Nan Xiong | toni8000@gmail.com
Lic#: 01462918
Broker: Courtesy of Exp Commercial of California, Inc.
Phone: 310-883-4882

Agent Remarks

Price greatly improved! Exceptional Koreatown fourplex offering large unit layouts, strong long-term investment potential, and approximately $150,000 in recent capital improvements. Built in 1923, the property features 4,228 SF of living space on an approximately 8,500 SF lot, comprised of four spacious 2-bedroom, 2-bathroom units averaging approximately 1,057 SF each. One unit will be delivered vacant, presenting an excellent opportunity for an owner-user or immediate rental upside.The oversized lot offers potential for future ADU or redevelopment opportunities (Buyer to verify). Parking includes two detached two-car garages, covered parking, and additional storage units, with recent improvements to the garage doors and lighting.Approximately $150,000 has been invested over the past four years, including new electrical systems in all four units, a new roof on both the main building and garage, full copper repipe from the meter to the units, new ABS plumbing beneath the building, foundation repairs, completed termite work, and new dishwashers and in-unit washer/dryers. These significant capital improvements help minimize future maintenance costs while providing added value and peace of mind for the next owner. A rare opportunity to acquire a well-maintained, character-rich multifamily asset with substantial recent upgrades, attractive unit sizes, parking, and long-term value-add potential in one of Los Angeles' most sought-after rental markets.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26853139

List price is $1,795,000 Reduced by $105,000 on 8/26/2026

Price: $1,795,000

Beds: 8

Baths: 8

Built in 1923

4,228 sqft

2 stories

0.20 acres

Lot size: 0.1997

County: Los Angeles

Zoning: LAR3

Appliances: Dishwasher,Microwave,Refrigerator,Dryer

Heating description: Forced Air

MLS area: C17 - Mid-Wilshire

Last Updated: 8/28/2026

Days On Market (DOM): 93

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This listing belongs to the C17 - Mid-Wilshire MLS area

Lat/Long: 34.069906, -118.297507.
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