519 N Alexandria Ave - Apartments FOR SALE


Los Angeles, CA 90004- East Hollywood
$1,200,000 USD
818-642-0242
519 N Alexandria Ave, Los Angeles, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

519 N Alexandria Ave
Los Angeles, CA 90004
East Hollywood


HIGHLIGHTS

  • Delivered completely vacant, offering flexibility for renovation or redevelopment.
  • Renovate the existing units to achieve market rents and convert the existing garages into an ADU.
  • Development opportunity to build a new property, with the potential for 8 base units or up to 11 units with a density bonus.

OVERVIEW

We are pleased to present 519 Alexandria Avenue, a prime 3-unit value-add and development investment opportunity in the vibrant neighborhood of East Hollywood, CA. This triplex features a front duplex and a separate rear unit. The duplex, built in 1922, includes two spacious 2-bedroom/1-bath units, each measuring approximately 1,500 sq. ft. The rear unit, built in 1946, is a 1-bedroom/1-bath unit of approximately 464 sq. ft. Additionally, the property includes two single-car garages located at the rear. Key Highlights: Located in the heart of East Hollywood, this property offers convenient access to major freeways, a variety of dining options, and premier shopping destinations. Whether you’re looking to renovate and lease or take advantage of its development potential, 519 Alexandria Avenue presents a rare and versatile investment opportunity in one of Los Angeles’ most sought-after areas. Don’t miss out!

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

3

PRICE/UNIT

$400,000

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R3

APN/PARCEL ID

5520-010-019

ASK ABOUT THIS PROPERTY

Akash SainiKW CommercialMore Info
818-642-0242

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Akash SainiKW CommercialMore Info
818-642-0242

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.