MASSIVE PRICE REDUCTION TO 6% CAP RATE AND 8.8 GRM. SUBMIT ALL OFFERS AND PROPERTY TOURS AVAILABLE. The Offering: We are pleased to present The Alexandria Tower Apartments, a classic, 1920s built Beaux Art style apartment building designed by renowned architect William Allen located within the heart of the Koreatown community of Los Angeles. The Property offers over-sized studio and one-bedroom apartments that feature charming detail as well as eat-in kitchens. glass French doors, wood-style flooring, and ceiling fans in living areas and dining areas. Many units have been considerably upgraded with new granite countertops, new cabinets, and new appliances. Additionally, ownership has installed electric submeters for all but 18 units. The units with submeters also include A/C units. Residents enjoy numerous amenities that include a newly designed, beautiful large lobby, intercom-controlled entrance, landscaped backyard common area, laundry facilities, and extra storage closets. Some of the area’s most popular hotspots are within walking distance. Trendy eateries nearby include Ocha Classic Restaurant, Texis Restaurant, Okrumong, and Etude Lounge. Both Vons and Ralphs are less than one-half mile away. Finally, the popular 35-acre Shatto Recreation Center is only a few blocks away where visitors participate in basketball, soccer, tennis, volleyball, fitness, and much more. Please note that the property is not a concrete structure and does not require Non-Ductile Concrete structural retrofitting.