1860 N Alexandria Avenue
Los Angeles, CA 90027
- – beds
- – baths
- – sqft
- 10,497 sqft lot
- 1951 build
- – on site
1860 North Alexandria Avenue is being offered for sale for the first time in nearly 50 years. The offering is located within the Hollywood submarket, considered one of the country's world-class employment centers and offers access to an enormous and diverse set of employers. This 16-unit garden-style apartment community is situated on the southeast corner of Franklin Avenue and Alexandria Avenue within the highly coveted Los Feliz zip code of 90027. The immediate area has historically provided investors with exceptional long-term capital appreciation and wealth preservation.1860 North Alexandria Avenue, built in 1951, features an ideal unit composition of Twelve (12) One-Bedroom | One-Bathroom and Four (4) Single | One-Bathroom apartment homes surrounding a quiet gated courtyard with mature landscaping. The oversized corner parcel measures 10,494 square feet. Updated unit interiors feature original oak flooring, tiled baths and kitchens, wooden windows, refrigerator, stove, dishwasher, and abundant closets/storage. The property demonstrates genuine pride of ownership, with multiple capital improvements made, specifically new plumbing, including replacing horizontal lines and risers, which was completed in 2010. The mandatory soft-story retrofit was completed in 2019, new handrails were installed on the staircases and walkways in 2021, and gas shut-off valves were installed in 2019. Property attributes include 12 vehicle parking spaces (6 individual garages and 6 on-grade spaces), a common area laundry room, separate gas & electrical utilities, and one central hot-water tank. The offering is ideal for forward-thinking, long-term investors expecting meaningful rental growth/value appreciation in an outstanding area. 1860 North Alexandria Avenue is centrally located in the 90027 / Los Feliz area, one of LA's most stable and desirable neighborhoods. Furthermore, the subject property offers residents access to various entertainment venues, cultural destinations, and dining options within Los Feliz itself and neighboring Silver Lake, Hollywood, and DTLA.
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Last updated Nov 1, 2024
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MLS# 24456523 —
The Building
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Year Built:1951
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New Construction:No
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Building Area Total:9920.00
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Total Number Of Units:16
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Excellent location in Los Feliz (90027) off Franklin Avenue.
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Latitude:34.10538700
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Longitude:-118.29763900
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:10497.0000
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Lot Size Acres:0.2410
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Lot Size SqFt:10497.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5589033042
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered, Uncovered
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Parking Spaces:12.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/24/24
Oct 24, 2024
|
Listed / Active | CRMLS_CA | $3,600,000 |
