1802 N Alexandria Ave - Apartments FOR SALE
Los Angeles, CA 90027 |
$2,100,000 USD
818-939-4058
1802 N Alexandria Ave
Los Angeles, CA 90027
HIGHLIGHTS
- Value-add 8-unit multifamily investment opportunity w/ over 20% rental upside - 7 (1+1) & 1 (2+1)
- Prime Los Feliz location with an 88-walk score; close proximity to the area’s most popular dining, shopping, and entertainment
- Units separately metered for gas & electric, on site covered parking and community laundry facilities
- Affluent and densely populated area with over 1,060,000 people within a 5-mile radius and median home value of $1,046,000 within 2 miles
- Easy access to public transportation; walking distance to the Vermont/Sunset and Hollywood/Western stations
- Ongoing development and convenient access to major employers/studios (CHLA, Hollywood Presbyterian, Netflix, Sunset Gower Studios, LA City College)
FOR SALE DETAILS
PRICE
$2,100,000 USD
PRICE/SF
$348 USD /SF
# OF UNITS
8
PRICE/UNIT
$262,500
CAP RATE
4.47%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1957
PARKING SPACES
8
LAND DETAILS
LAND ACRES
0.17 AC
LAND SF
7,405 SF
ZONING
LARD1.5
APN/PARCEL ID
5589-033-024
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818-939-4058
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818-939-4058
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