$ 11,995,000
130 S Alexandria Avenue Los Angeles, CA 90004
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$ 11,995,000
Est. payment | /mo
41,181 SqFt
$ 11,995,000
Est. payment | /mo
41,181 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 41,181 sqft
Price per Sqft $291
MLS Listing ID CL24403099
HOA Y/N No
Year Built 1990
Lot Size 0.551 Acres
Acres 0.55
Property Description
130 S Alexandria Ave is a 30-unit apartment building located in prime Koreatown, one of the most desirable and rapidly developing submarkets of Los Angeles. Originally constructed in 1990, the Property is a luxury three-story structure that has undergone significant renovations and offers the opportunity to add value through additional renovations. The Property features thirty well-designed, two bedroom, two bath units with open floor plans.130 S Alexandria offers investors a rare opportunity to acquire a sizeable trophy-asset within a high-demand rental market. Approximately 20 of the units have been renovated. The fully renovated units are equipped with high-end finishes which include new stainless-steel appliances, quartz countertops, vinyl plank flooring throughout, new kitchen cabinets and backsplashes, beautiful bathrooms with new sinks and vanities, new LED fixtures throughout, new paint and new window coverings. All first-floor units have extremely spacious patios, and all upper floor units have high, vaulted ceilings and balconies with expansive views of Downtown Los Angeles or Hollywood/Observatory. Less than half of the units have been fully renovated, leaving room for an investor to capitalize on the remaining rental upside. The Property has also undergone exterior ca
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 5518013024
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Janet Neman • Kidder Mathews of California, Inc.
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