Active

313 N Alexandria Avenue

Los Angeles, CA 90004
Mark as Favorite
Bed 23

Bed

Bath 0

Bath

SqFt10,037

Sqft

SqFt8,245

Sqft(Lot)

313 N Alexandria Ave is a well-maintained 9-unit multifamily investment opportunity located in Mid-Wilshire, bordering Silver Lake and Koreatown, one of Los Angeles' strongest rental corridors. Offering a 4.24% cap rate and fully occupied with responsible tenants provide stable in-place income. Built in 1989, the 10,037 sf building consists of five 3bd+2ba units and four 2bd+ 1ba units, offering highly desirable floor plans that support strong tenant demand and long-term rental stability. The property includes copper plumbing and is well maintained, with several updated units featuring laminate flooring, renovated bathrooms, and newer wall A/C units. Additional amenities include 16 parking spaces and an on-site community laundry room, offering an additional source of income. Because the bu ilding was built in 1989, it is not subject to LA City rent control but is subject to California's statewide rent cap, providing owners with the ability to adjust rents annually CPI + 5% or up to 10%. This asset offers immediate cash flow with long-term upside potential through rental growth in a high-demand, centrally located infill market.Ideally situated in a prime rental corridor, the property offers convenient access to Echo Park, Downtown Los Angeles, Koreatown, Silver Lake, dining, entertainment, and nearby Metro subway stations and public transportation.

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Detail Ic Property Details

Property Type : Residential Income

Price : $4,000,000

AD Id : 87069697

MLS Id : 26852873

Beds : 23

Lot Size : 8,245 Sqft

Living Area Size : 10,037

Year Built : 1989

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 23

    Bathroom Information

    Total Baths: 14 Full Baths: 0 Half Baths: 0
  • Cooling Features

    Dual Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1989 Building Area Total: 10,037

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1893
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 8245

  • Listing Price Information

    Original List Price: 4,000,000 Listing Contract Date: 2026-06-29
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5520024003

  • Garage and Parking

    Garage Description: Assigned,Controlled Entrance,Garage,Tandem

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Directions: North of Beverly Blvd, West of Vermont Ave, East of Normandie Ave, and South of Melrose Ave Zoning: LAR3 Source Property Type: Residential Income Area: C17 - Mid-Wilshire
  • Building and Construction

    Property Age: 37 Year Built Source: Vendor Enhanced Total Square Feet Living: 10037 Levels or Stories: Three Or More
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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
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
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 2 1,240 1,240 SqFt
449 N Virgil, Los Angeles, CA, 90004 $1,299,000 2 2 1,886 1,886 SqFt
3875 Middlebury Street, Los Angeles, CA, 90004 $699,000 2 1 667 667 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

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ByOwner last updated this listing 07/07/2026 @ 20:59

MLS: 26852873 LISTED BY: Johnny Cho, Keller Williams Realty Los Feliz 323-300-1000 SOURCE: CRMLS

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