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 Bedrooms: 54Bathroom Information
Total Baths: 54 Full Baths: 0 Half Baths: 0 -
Cooling Features
None Air ConditioningHeating Source
None Has Heating
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Building Information
Year Built: 1971 Building Area Total: 36,012
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.551 -
Lot Size Source: Estimated Lot Size Square Feet: 24001
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Listing Price Information
Original List Price: 10,500,000 Listing Contract Date: 2026-04-21 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5518012036
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Garage and Parking
Garage Description: UndergroundHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Postal Code Plus 4: 4550 Directions: 2 Blocks east of Normandie between Council and W 1st Street Zoning: LAR3 Source Property Type: Residential Income Area: C17 - Mid-Wilshire -
Building and Construction
Property Age: 55 Year Built Source: Vendor Enhanced Total Square Feet Living: 36012 Levels or Stories: Three Or More
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 | $1,675,000 | 3 | 3 | 2,847 | 2,847 SqFt |
| 432 N Commonwealth, Los Angeles, CA, 90004 | $795,000 | 4 | 2 | 1,432 | 1,432 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 | -- | 1,798 | 1,798 SqFt |
| 3812 Middlebury, Los Angeles, CA, 90004 | $799,800 | 3 | 2 | 1,240 | 1,240 SqFt |
| 449 N Virgil, Los Angeles, CA, 90004 | $1,299,000 | 2 | 2 | 1,886 | 1,886 SqFt |
| 3220 W 2nd Street, Los Angeles, CA, 90004 | $1,480,000 | 8 | -- | 7,985 | 7,985 SqFt |
| 210 S Commonwealth Avenue, Los Angeles, CA, 90004 | $3,590,000 | 24 | -- | 10,884 | 10,884 SqFt |
| 124 N Westmoreland Avenue, Los Angeles, CA, 90004 | $4,350,000 | -- | -- | 17,730 | 17,730 SqFt |
| 118 N Westmoreland Avenue, Los Angeles, CA, 90004 | $3,750,000 | -- | -- | 18,765 | 18,765 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 09:31
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