130 N Alexandria Avenue
Los Angeles, CA 90004
54
Bed
0
Bath
36,012Sqft
24,001Sqft(Lot)
We are pleased to present The Orleans Apartments, a 54-unit investment opportunity in prime Koreatown just east of Normandie Ave and south of Beverly Blvd. The subject property features an ideal unit mix of 54 one-bedrooms with 57 subterranean parking spaces; four units will be delivered vacant at the close of escrow. This is a value-add opportunity with 21% rental upside achievable as units turn; units are well-maintained but can be enhanced to capture premium rents with a renovation program including luxury vinyl plank flooring, stainless steel appliances, custom cabinetry and countertops, smoothed ceilings and light fixtures, and HVAC; exterior upgrades could include paint and common area upgrades; third floor units have balconies and all appliances are electric. At the asking price, th
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 54Bathroom Information
Total Baths: 54 -
Heating & Cooling
Heating: None Cooling: None
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Building Information
Year Built: 1971Building Area Total: 36012Private Pool: No
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Lot Information
Main Square Feet: 24001 Lot Size Acres: 0.551 Lot Size Source: Estimated Lot Size Square Feet: 24,001
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Listing Price Information
Listing Price: $10500000
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Tax Information
Parcel Number: 5518012036
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Virtual Tour
Parking Information
Parking Total: 57 Underground
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Location Information
Direction: 2 Blocks east of Normandie between Council and W 1st Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 542 N Commonwealth, Los Angeles, CA, 90004 | $1,560,000 | 3 | 3 | 2,847 | 2,847 SqFt |
| 441 N Commonwealth Avenue, Los Angeles, CA, 90004 | $850,000 | 1 | 1 | 1,014 | 1,014 SqFt |
| 447 N Commonwealth Avenue, Los Angeles, CA, 90004 | $900,000 | 3 | 2 | 1,798 | 1,798 SqFt |
| 426 N Virgil Avenue, Los Angeles, CA, 90004 | $1,399,000 | -- | -- | 3,427 | 3,427 SqFt |
| 3812 Middlebury, Los Angeles, CA, 90004 | $799,800 | 3 | 3 | 1,240 | 1,240 SqFt |
| 3875 Middlebury Street, Los Angeles, CA, 90004 | $698,000 | 2 | 1 | 667 | 667 SqFt |
| 210 S Commonwealth Avenue, Los Angeles, CA, 90004 | $3,590,000 | 24 | -- | 10,884 | 10,884 SqFt |
| 238 S Westmoreland, Los Angeles, CA, 90004 | $2,699,999 | 8 | 5 | 4,416 | 4,416 SqFt |
| 124 N Berendo Street, Los Angeles, CA, 90004 | $1,200,000 | 7 | 4 | 3,939 | 3,939 SqFt |
| 122 S Berendo Street, Los Angeles, CA, 90004 | $2,275,000 | 4 | -- | 5,237 | 5,237 SqFt |
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ByOwner last updated this listing 08/16/2026 @ 12:08
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