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313 N Alexandria Avenue

Los Angeles, CA 90004
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Bed 23

Bed

Bath 14

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 5.25 CAP rate (GRM 12.01) 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. Bec ause the building 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 : ResidentialIncome

Price : $3,370,000

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 beds: 23

    Bathroom Information

    Total Baths: 14
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: Dual

  • Building Information

    Year Built: 1989
    Building Area Total: 10037
    Private Pool: No

  • Lot Information

    Main Square Feet: 8245 Lot Size Acres: 0.1893 Lot Size Square Feet: 8,245

  • Listing Price Information

    Listing Price: $3370000
    Original Price: $4000000

  • Tax Information

    Parcel Number: 5520024003

  • Parking Information

    Parking Total: 16 Assigned, ControlledEntrance, Garage, Tandem

    Garage Information

    Has Garage: Yes

  • Location Information

    Direction: North of Beverly Blvd, West of Vermont Ave, East of Normandie Ave, and South of Melrose Ave
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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 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
4053 Oakwood Avenue, Los Angeles, CA, 90004 $2,200,000 15 17 10,371 9,904 Sqft
124 N Berendo Street, Los Angeles, CA, 90004 $1,200,000 7 4 3,939 7,502 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 09/04/2026 @ 12:43

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

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