• 1423 N Alexandria Avenue Los Angeles, CA 90027

  • $1,299,000
  • 4
    Bed(s)
  • 3
    Baths
  • 2,408
    Sq Ft
  • 6794
    Sqft
  • Listed By: David Covarrubias, MARCUS & MILLICHAP, DRE #01941403
  • Source: CRMLS

We are pleased to exclusively present the opportunity to acquire 1423 North Alexandria Avenue, a multi-family investment property ideally located in the heart of East Hollywood, California, one of the most desired rental submarkets in all of Los Angeles. The property sits just east of Normandie Avenue, between Sunset Boulevard and Fountain Avenue. Constructed in 1914, the property sits on 0.15 acres (6,792 square feet) of land and has a total building area of 2,408 square feet. The property features a single family three-bedroom/two-bathroom residence in the front and a duplex in the rear with one-bedroom/one-bathroom floor plans. The charming single-family residence offers gated entrances, tile front porch, paved walkway, fireplace, and multiple entrances to the house. Residents in the duplex units enjoy private backyards. All units are individually metered for gas and electricity, and single-family residence has a separate hot water heater. There are multiple on-site open parking spaces as well as street parking. With a walk score of 90, the property is conveniently located within the Little Armenia neighborhood bordering Los Feliz, Griffith Park, Melrose Hill, Silver Lake, and the Hollywood Hills, providing residents with countless amenities and opportunities to explore new experiences. The property is within walking distance to multiple highly rated healthcare facilities including Hollywood Presbyterian Medical Center, Children’s Hospital Los Angeles, and Kaiser Permanente Los Angeles Medical Center, which is named America’s best maternity hospitals by Newsweek in 2023. To the north of Kaiser Medical Center is the Hollyhock House Visitor Center in the Barnsdall Art Park, where residents can take an evening stroll through the city’s municipal art gallery with roof terraces and gardens. This expansive art complex also features art classes for both adults and children. There are several department stores located within a mile radius of the property such as Target, Walgreens, 99 Cents Only Stores, Vons, and Marshalls. In addition, the property is a ten-minute walk west from the Vermont/Sunset Metro Station within the Los Angeles Metro B-Line that takes commuters south to Union Station in Downtown Los Angeles and north to North Hollywood Arts District, passing several world-famous tourist sites such as the Hollywood Walk of Fame, TCL Chinese Theatre, Hollywood Pantages Theatre, Universal Studios Hollywood, etc.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

Sell a home like this and save $77,441 Find Out How

Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1058387286 2 3 2 0
2 1058387286 1 1 1 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1914

Building Area Total: 2,408

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.156

Lot Size Source: Other

Lot Size Square Feet: 6794

Listing Price Information

Original List Price: 1,299,000

Listing Contract Date: 2024-01-18

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5543024010

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 699 - Not Defined

Postal Code Plus 4: 5803

Directions: Head east on Sunset Blvd, Right on Alexandria Ave

Zoning: LARD2

Source Property Type: Residential Income

Area: 699 - Not Defined

Property SubType: Triplex

Building and Construction

Property Age: 110

Common Walls: 1 Common Wall

Structure Type: Triplex

Year Built Source: Other

Entry Level: 1

Entry Location: front

Property Attached: Yes

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1417 N Kenmore Avenue, Los Angeles, CA,90027 $1,700,000 7 4 3,505 6897 Sqft
1412 N Serrano Avenue, Los Angeles, CA,90027 $1,029,000 -- -- -- 8716 Sqft
5239 Los Hermosos Way, Los Angeles, CA,90027 $3,400,000 4 2 3,561 14480 Sqft
1802 N Western Avenue, Los Angeles, CA,90027 $2,695,000 -- -- 6,660 18549 Sqft
1537 N Kingsley Drive, Los Angeles, CA,90027 $1,499,000 -- -- -- 6862 Sqft
1537 N Kingsley Drive, Los Angeles, CA,90027 $1,499,000 4 -- 2,086 6862 Sqft
2041 N Vermont Avenue, Los Angeles, CA,90027 $9,500,000 7 -- 22,582 8991 Sqft
5231 Franklin Avenue, Los Angeles, CA,90027 $4,750,000 5 3 4,743 23530 Sqft
3769 Prestwick Drive, Los Angeles, CA,90027 $2,390,000 4 3 3,160 7859 Sqft
1624 N Normandie Avenue.., Los Angeles, CA,90027 $950,000 3 2 1,719 7123 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/30/2024 @ 16:50

MLS: CV24011231
LISTED BY: David Covarrubias, MARCUS & MILLICHAP
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $77,441 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion