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$ 1,099,000
Est. payment /mo
Active
1117 N Alexandria AVE Los Angeles, CA 90029
4 Beds
3 Baths
2,710 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,710 sqft
Price per Sqft $405
MLS Listing ID 25513153
Bedrooms 4
HOA Y/N No
Year Built 1924
Lot Size 6,542 Sqft
Property Description
Prime Hollywood Triplex Investment Opportunity! Seize this exceptional investment opportunity in the heart of Hollywood! This well-maintained triplex offers strong potential for rental income growth. The property features a spacious 2-bedroom, 1-bath unit on the top floor, along with two 1-bedroom, 1-bath units on the lower level. Situated on a 6,500+ square foot lot, it offers plenty of parking, including 2 enclosed garages.Recent building upgrades include new copper plumbing, water heaters, dual-pane windows, and an updated sewer line, providing a solid foundation for future enhancements. Additionally, foundational piers and a post-repair have been completed for added stability. The city has approved an Accessory Dwelling Unit (ADU) for the property, offering even more potential for value-add and increased rental income. With a prime location, this property is just steps away from a wide variety of restaurants, shops, LA City College, and the Metro Red Line, offering convenient access to downtown LA and beyond. This is your chance to invest in one of Los Angeles' most sought-after neighborhoods with tremendous upside potential! Please do not disturb tenants. All tenants have all agreed to a cash-for-keys arrangement.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD2
Interior
Cooling None
Fireplace No
Exterior
Parking Features Assigned, Door-Multi, Garage
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5540006015
Special Listing Condition Standard
Listed by Cheong Lee • Keller Williams Coastal Prop.