329 N Alexandria Ave is a uniquely charming 8-unit Spanish bungalow-style property in the heart of East Hollywood. Built in the 1920s, this one-of-a-kind gem features four standalone bungalows with private yards and a fourplex, all situated on an 8,254 SF lot. The unit mix includes three two-bedroom / two-bath… Read More units, three one-bedrooms, and two studios. Four units have been thoughtfully remodeled with modern upgrades including: stylish kitchens with stainless steel appliances, mini-split HVAC systems, in unit washer dryer, updated plumbing and electrical, and a foundation retrofit. While four long-term tenant units offer excellent future value-add potential. Perched on a hill, the property boasts sweeping views of Silver Lake and Downtown LA, along with a peaceful courtyard and low-water landscaping. Parking is provided for five units, and the on-site garage offers potential for ADU conversion with the possibility to add up to eight additional units to the property (buyer to verify). Moments from Griffith Park, Echo Park Lake, and LA's top attractions, 329 N Alexandria Ave is a rare investment where classic LA character meets modern upside. Read Less
Property listed by Compass, Ginger Orsi 323-593-6999
Listing Snapshot
Days Online
43
Last Updated
Property Type
Other
Beds
9
Square Ft.
3,882
Lot Size
0.19 Acres
Year Built
1923
MLS Number
25522265
30 Days Snapshot Of 90004
$2.84M
+87%
(avg) sold price
5
-58%
homes sold
62
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, Dryer, Washer
Building
Built in 1923, Building area total: 3,882, Levels: MultiSplit, Living area: 3882, 6 buildings, Architectural style: Spanish
Community
Gated
Cooling
Dual
Garage
5 spaces
Heating
WallFurnace
Income
Gross income: $156,109, Net operating income: $102,813
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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