328 N Alexandria Avenue, Los Angeles, CA 90004

$1,200,000 Approx. USD 5 beds, 8 baths
3,833 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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Agent Remarks

We are pleased to offer for sale 328 North Alexandria Avenue, an 8-unit apartment property located just north of Beverly Boulevard in the East Hollywood submarket of Los Angeles, bordering Koreatown to the south.The subject property offers easy access to Downtown Los Angeles, Hollywood, and the Mid-Wilshire corridor, with the Metro Red Line's Vermont/Beverly Station located within walking distance. East Hollywood is one of the most centrally located and culturally diverse neighborhoods in Los Angeles. Residents enjoy a dense mix of restaurants, cafes, and retail along Vermont Avenue and Melrose Avenue, with Thai Town, Little Armenia, and the dining and nightlife corridors of Koreatown all within close reach.Situated on a 6,900-square-foot parcel, the property is comprised of 3 studios and 5 one-bedroom units totaling 3,833 rentable square feet. Built in 1929, the asset reflects the classic architectural character of the neighborhood. The property has 53% remaining rental upside achievable through interior renovations and exterior curb-appeal improvements.328 North Alexandria Avenue offers investors an opportunity to acquire a value-add asset in one of the most central infill submarkets of Los Angeles. The combination of in-place cash flow and substantial mark-to-market potential make 328 North Alexandria Avenue a compelling acquisition opportunity.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26779659

Price: $1,200,000

Beds: 5

Baths: 8

Built in 1929

3,833 sqft

2 stories

0.16 acres

Lot size: 0.1584