Los Angeles, CA 90004 563 N Alexandria Avenue
$2,050,000
28 more
Presented By: Mia Shin with The Partners Real Estate;
Beds • 12
Baths • 12
SQFT • 5,300
Home Details
Prime Fourplex Investment Opportunity Near Koreatown and Hollywood! Built in 2006, this well-maintained four-unit apartment building offers stabilized income and significant upside potential. Each spacious unit features 3 bedrooms and 2.5 bathrooms, with two of the units recently remodeled to include modern upgrades. Enjoy sleek stainless steel kitchen appliances, granite countertops, and convenient in-unit laundry. The property also boasts ample parking, with a minimum of two spaces per unit. Located just minutes from the vibrant neighborhoods of Koreatown and Hollywood, this property is perfectly positioned for strong rental demand. Current rents range between $2,600 and $2,800 per unit, with room for growth. Don't miss this exceptional investment opportunity!
Presented By: Mia Shin with The Partners Real Estate;
Interior Features for 563 N Alexandria Avenue
Bedrooms
Total Bedrooms12
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 563 N Alexandria Avenue
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Refrigerator, Dryer, Washer
Attached Garage No
Cap Rate4.7
Carport Y/NNo
CityLos Angeles
CoolingCentralAir
CountyLos Angeles
Days on Market8
DirectionsOn Alexandria Ave., between Beverly Blvd & Melrose Ave.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income128400.0
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7564.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income96500.0
New ConstructionNo
NumberOfUnitsTotal4
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built2006
ZoningLAR3
Exterior for 563 N Alexandria Avenue
Building Area Total5300.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1736
Lot Size Area7564.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesControlledEntrance, Gated
SpaNo
Total Parking8.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480