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$ 3,190,000
Est. payment /mo
New
907 N Alexandria AVE #1 Los Angeles, CA 90029
25 Beds
25 Baths
10,784 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,784 sqft
Price per Sqft $295
MLS Listing ID 25508003
Bedrooms 25
HOA Y/N No
Year Built 1990
Lot Size 10,140 Sqft
Lot Dimensions Assessor
Property Description
Exceptional investment opportunity for 1031 exchanges or owner-occupants in the heart of Los Angeles! This well-maintained 12-unit apartment building, built in 1990, is not under city rent control, offering strong rental income with significant upside potential. Rents have not been increased in over six years and are at least 30% below market value, providing a prime opportunity for immediate growth. Tenants enjoy on-site parking and well-kept common areas. Two units can be delivered vacant for owner use or higher rental income, creating additional value-add potential. Featuring a mix of spacious units, the property is ideally located near shopping, dining, public transportation, and major freeways. Whether you're an investor looking to expand your portfolio or seeking an owner-occupied income property, this is a rare opportunity with endless possibilities!
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD2
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Disposal
Exterior
Parking Features Controlled Entrance, Community Structure
Total Parking Spaces 2
Building
Story 1
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5538006034
Special Listing Condition Standard
Listed by Colby Jo • Omni Realty & Investment Group