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415 S Alexandria

Los Angeles (City), CA 90020
  • $10,990,000
  • STATUS: Active
  • ON SITE: 39 Days
  • ID#: OC25254454
UPDATED: 82 min ago
$10,990,000
  • 0
    BEDS
  • 0.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Listing Agent(s): Brent Sprenkle of NorthMarq Realty Services, Inc (949-717-5200)


Description

411 & 425 S Alexandria Ave is a 2 property apartment community constructed in 1955 & 1956. The properties are on separate APNs and can later be sold separately. Situated on R4-1 lots totaling approximately 33,354 square feet with 215 feet of frontage, the properties offer a unique opportunity as a value added opportunity to reposition the existing structures and units or potentially to redevelop the site in the long term. The property consists of (15) Studio/One-Bath units, (36) One-Bed/One-Bath units, (1) Two-Bed/One Bath unit, and (2) Two-Bed/Two Bath units that are separately metered for gas and electricity. Parking at 425 S Alexandria is subterranean and tuck under and carports at 411 S Alexandria. Both properties contain swimming pools and are two story courtyard structures with pitched roofs constructed of wood frame and stucco.This property is part of a portfolio and includes the following properties:1) 411 S Alexandria Avenue, Los Angeles, California 900202) 425 S Alexandria Avenue, Los Angeles, California 90020*Also available with 409 S Manhattan Place, totaling 29 Units.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169651782
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415 S Alexandria Los Angeles (City), CA 90020

  • Price: $10,990,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 82 min ago
  • ID#: OC25254454
0
Beds
0
Baths
0
½ Baths
0.77
Acres
1955
Built
Neighborhood:
KREA - Koreatown
County:
Los Angeles
Area:
KREA - Koreatown
Property Description
411 & 425 S Alexandria Ave is a 2 property apartment community constructed in 1955 & 1956. The properties are on separate APNs and can later be sold separately. Situated on R4-1 lots totaling approximately 33,354 square feet with 215 feet of frontage, the properties offer a unique opportunity as a value added opportunity to reposition the existing structures and units or potentially to redevelop the site in the long term. The property consists of (15) Studio/One-Bath units, (36) One-Bed/One-Bath units, (1) Two-Bed/One Bath unit, and (2) Two-Bed/Two Bath units that are separately metered for gas and electricity. Parking at 425 S Alexandria is subterranean and tuck under and carports at 411 S Alexandria. Both properties contain swimming pools and are two story courtyard structures with pitched roofs constructed of wood frame and stucco.This property is part of a portfolio and includes the following properties:1) 411 S Alexandria Avenue, Los Angeles, California 900202) 425 S Alexandria Avenue, Los Angeles, California 90020*Also available with 409 S Manhattan Place, totaling 29 Units.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 54 Parking Total 40 Pool Features Community Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN Yes Cap Rate 5.84 Common Interest Community Apartment Community Features BikingCurbsGutter(s)HikingParkStorm Drain(s)Street LightsSidewalksPool Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 1114562 Gross Scheduled Income 1123834 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 641283 New Construction YN No Number Of Separate Gas Meters 54 Number Of Separate Water Meters 0 Operating Expense 449114 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer None Special Listing Conditions Standard Trash Expense 0 Utilities Sewer Not AvailableWater Not Available Vacancy Allowance 33437 Vacancy Allowance Rate 5 Water Sewer Expense 0 Water Source None



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-15T21:27:47.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Brent Sprenkle of NorthMarq Realty Services, Inc (949-717-5200)