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563 N Alexandria Avenue

Los Angeles (City), CA 90004
  • $2,050,000
  • STATUS: Active
  • ON SITE: 189 Days
  • ID#: 24437927
UPDATED: 48 min ago
$2,050,000
  • 12
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,300
    SQFT
  • $387
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2006
County:

School Ratings & Info

Listing Agent(s): Mia Shin of The Partners Real Estate (213-703-6486)


Description

Prime Fourplex Investment Opportunity Near Koreatown and Hollywood! Built in 2006, this well-maintained four-unit apartment building offers stabilized income and significant upside potential. Each spacious unit features 3 bedrooms and 2.5 bathrooms, with two of the units recently remodeled to include modern upgrades. Enjoy sleek stainless steel kitchen appliances, granite countertops, and convenient in-unit laundry. The property also boasts ample parking, with a minimum of two spaces per unit. Located just minutes from the vibrant neighborhoods of Koreatown and Hollywood, this property is perfectly positioned for strong rental demand. Current rents range between $2,600 and $2,800 per unit, with room for growth. Don't miss this exceptional investment opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/154983461
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563 N Alexandria Avenue Los Angeles (City), CA 90004

  • Price: $2,050,000
  • Status: Active
  • On Site: 189 Days
  • Updated: 48 min ago
  • ID#: 24437927
12
Beds
0
Baths
0
½ Baths
0.17
Acres
5,300
SQFT
$387
$/SQFT
2006
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
Prime Fourplex Investment Opportunity Near Koreatown and Hollywood! Built in 2006, this well-maintained four-unit apartment building offers stabilized income and significant upside potential. Each spacious unit features 3 bedrooms and 2.5 bathrooms, with two of the units recently remodeled to include modern upgrades. Enjoy sleek stainless steel kitchen appliances, granite countertops, and convenient in-unit laundry. The property also boasts ample parking, with a minimum of two spaces per unit. Located just minutes from the vibrant neighborhoods of Koreatown and Hollywood, this property is perfectly positioned for strong rental demand. Current rents range between $2,600 and $2,800 per unit, with room for growth. Don't miss this exceptional investment opportunity!
Exterior Features

Parking Features Controlled EntranceGated Parking Total 8

Interior Features

Appliances DishwasherDisposalRefrigeratorDryerWasher Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association YN No Cap Rate 4.7 Gross Income 128400 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 96500 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T21:29:32.57. 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 | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Mia Shin of The Partners Real Estate (213-703-6486)