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$10,990,000
Est. payment /mo
5 Beds
0.77 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25254454
Bedrooms 5
Lot Size 0.766 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
411 & 425 S Alexandria Ave is a 2 property apartment community constructed in 1955 & 1956. The properties are on separate APNs and can later be sold separately. Situated on R4-1 lots totaling approximately 33,354 square feet with 215 feet of frontage, the properties offer a unique opportunity as a value added opportunity to reposition the existing structures and units or potentially to redevelop the site in the long term. The property consists of (15) Studio/One-Bath units, (36) One-Bed/One-Bath units, (1) Two-Bed/One Bath unit, and (2) Two-Bed/Two Bath units that are separately metered for gas and electricity. Parking at 425 S Alexandria is subterranean and tuck under and carports at 411 S Alexandria. Both properties contain swimming pools and are two story courtyard structures with pitched roofs constructed of wood frame and stucco. This property is part of a portfolio and includes the following properties: 1) 411 S Alexandria Avenue, Los Angeles, California 90020 2) 425 S Alexandria Avenue, Los Angeles, California 90020 *Also available with 409 S Manhattan Place, totaling 29 Units.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Off of 4th Street and S Alexandria Ave
Interior
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5502014010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Brent Sprenkle NorthMarq Realty Services, Inc
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