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  • 313 N Alexandria Avenue

313 N Alexandria Avenue, Los Angeles, CA 90004

$3,245,000 Approx. USD 23 beds, 14 baths
10,037 sqft

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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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Lic#: 01276603
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Lic#: 01276603
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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


Johnny Cho | JohnnyCho@kw.com
Lic#: 01394690
Broker: Courtesy of Keller Williams Realty Los Feliz
Phone: 213-819-1043

Agent Remarks

313 N Alexandria Ave is a well-maintained 9-unit multifamily investment opportunity located in Mid-Wilshire, bordering Silver Lake and Koreatown, one of Los Angeles' strongest rental corridors. Offering a 5.50 CAP rate (GRM 11.56) and fully occupied with responsible tenants provide stable in-place income. Built in 1989, the 10,037 sf building consists of five 3bd+2ba units and four 2bd+ 1ba units, offering highly desirable floor plans that support strong tenant demand and long-term rental stability. The property includes copper plumbing and is well maintained, with several updated units featuring laminate flooring, renovated bathrooms, and newer wall A/C units. Additional amenities include 16 parking spaces and an on-site community laundry room, offering an additional source of income. Because the building was built in 1989, it is not subject to LA City rent control but is subject to California's statewide rent cap, providing owners with the ability to adjust rents annually CPI + 5% or up to 10%. This asset offers immediate cash flow with long-term upside potential through rental growth in a high-demand, centrally located infill market.Ideally situated in a prime rental corridor, the property offers convenient access to Echo Park, Downtown Los Angeles, Koreatown, Silver Lake, dining, entertainment, and nearby Metro subway stations and public transportation.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26852873
List price is $3,245,000 Reduced by $125,000 on 9/12/2026
Price: $3,245,000
Beds: 23
Baths: 14
Built in 1989
10,037 sqft
0.19 acres
Lot size: 0.1893
County: Los Angeles
Zoning: LAR3
Parking description: Assigned,Controlled Entrance,Garage,Tandem
Heating/cooling: Dual
Heating description: Wall Furnace
MLS area: C17 - Mid-Wilshire

Last Updated: 9/25/2026

 Days On Market (DOM): 90

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

Lat/Long: 34.076773, -118.298547.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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