Active

244 S Alexandria Avenue

Los Angeles, CA 90004
Mark as Favorite
Bed 8

Bed

Bath 8

Bath

SqFt4,228

Sqft

SqFt8,701

Sqft(Lot)

Price greatly improved! Exceptional Koreatown fourplex offering large unit layouts, strong long-term investment potential, and approximately $150,000 in recent capital improvements. Built in 1923, the property features 4,228 SF of living space on an approximately 8,500 SF lot, comprised of four spacious 2-bedroom, 2-bathroom units averaging approximately 1,057 SF each. One unit will be delivered vacant, presenting an excellent opportunity for an owner-user or immediate rental upside.The oversized lot offers potential for future ADU or redevelopment opportunities (Buyer to verify). Parking includes two detached two-car garages, covered parking, and additional storage units, with recent improvements to the garage doors and lighting.Approximately $150,000 has been invested over the past four years, including new electrical systems in all four units, a new roof on both the main building and garage, full copper repipe from the meter to the units, new ABS plumbing beneath the building, foundation repairs, completed termite work, and new dishwashers and in-unit washer/dryers. These significant capital improvements help minimize future maintenance costs while providing added value and peace of mind for the next owner. A rare opportunity to acquire a well-maintained, character-rich multifamily asset with substantial recent upgrades, attractive unit sizes, parking, and long-term value-add potential in one of Los Angeles' most sought-after rental markets.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,795,000

AD Id : 87069886

MLS Id : 26853139

Beds : 8

Lot Size : 8,701 Sqft

Living Area Size : 4,228

Year Built : 1923

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 8
  • Interior Features

    Appliances: Dishwasher, Microwave, Refrigerator, Dryer
  • Heating & Cooling

    Has Heating: Yes Heating: ForcedAir

  • Building Information

    Year Built: 1923
    Building Area Total: 4228
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 8701 Lot Size Acres: 0.1997 Lot Size Square Feet: 8,701

  • Listing Price Information

    Listing Price: $1795000
    Original Price: $1900000

  • Tax Information

    Parcel Number: 5518014020

  • Location Information

    Direction: West of Vermont, just North of W 3rd St. Near Chapman Plaza.
Sell a home like this and save $107,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

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 7,503 Sqft
441 N Commonwealth Avenue, Los Angeles, CA, 90004 $850,000 1 1 1,014 5,506 Sqft
447 N Commonwealth Avenue, Los Angeles, CA, 90004 $900,000 3 2 1,798 7,506 Sqft
426 N Virgil Avenue, Los Angeles, CA, 90004 $1,349,000 8 7 -- 7,015 Sqft
3812 Middlebury, Los Angeles, CA, 90004 $799,800 3 3 1,240 2,300 Sqft
225 S Hoover Street, Los Angeles, CA, 90004 $1,699,000 6 4 2,896 7,987 Sqft
3875 Middlebury Street, Los Angeles, CA, 90004 $698,000 2 1 667 2,002 Sqft
238 S Westmoreland, Los Angeles, CA, 90004 $2,699,999 8 5 4,416 9,754 Sqft
124 N Berendo Street, Los Angeles, CA, 90004 $1,200,000 7 4 3,939 7,502 Sqft
122 S Berendo Street, Los Angeles, CA, 90004 $2,275,000 4 -- 5,237 8,671 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/03/2026 @ 01:39

MLS: 26853139 LISTED BY: Toni Nan Xiong, Exp Commercial of California, Inc. SOURCE: CRMLS

Homes around $1,795,000

Selling? Save $107,201 when you sell a home like this

Tour with a ByOwner Agent