We are proud to present 512 N Alexandria Avenue, a meticulously maintained 16-unit multifamily building in the highly desirable East Hollywood submarket. This property benefits from a prime location, boasting a Walk Score of 85,and providing residents with convenient access to public transportation and the 101 freeway. The property consists… Read More of a unit mix of four studios and twelve one-bedroom units. Among the amenities are a garden patio area, on-site, app paid laundry facilities, solar panels, master-metered utilities, extensive storage space, and the benefits of an on-site manager, streamlining operations and enhancing tenant satisfaction. This property's prime location, coupled with the attractive features, firmly positions 512 N Alexandria Avenue as a solid investment in a thriving submarket. The property offers significant potential for long-term value appreciation, driven by the continued desirability of the East Hollywood neighborhood, presenting a compelling and highly sought after opportunity for discerning investors seeking a stable and profitable asset in a prime Los Angeles location. Read Less
Property listed by CBRE, Jenny Eng 213-613-3176
Listing Snapshot
Days Online
32
Last Updated
Property Type
Other
Beds
16
Square Ft.
11,184
Lot Size
0.2 Acres
Year Built
1929
MLS Number
25595735
30 Days Snapshot Of 90004
$2.23M
-27%
(avg) sold price
17
+70%
homes sold
87
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1929, Building area total: 11,184, Levels: Two, Living area: 11184, 2 stories, 1 building
Heating
Central
Income
Gross income: $311,618, Net operating income: $169,335
Interior Features
CeilingFans, Storage
Lot
0.1975 acres, 8,605 square feet, Size: 8,605
Parking
OnStreet
Property
Zoning: R3-1
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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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