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For SaleLuxury

$1,525,000

4,608 sqft$331/sqft228 days on market

500 N Alexandria Avenue

Los Angeles, CA 90004

· 8% down, 7% APR, 30yr fixed

8

Beds

7

Baths

4,608

Square feet

1923

Built

Listing narrative

Description

Nestled between the trendy Larchmont Village and Virgil Village neighborhoods, just north of bustling Koreatown, the property allows tenants convenient access to many of Los Angeles' most recently improved areas. Silver Lake, Sunset Junction, and Echo Park are just east of the buildings, while the high-end Los Feliz neighborhood sits north of the property. A new ADU was completed in 2025, generating a substantial income stream by attracting higher-paying tenants with its brand new finishes. Garage parking for four vehicles is another rare amenity in this dense residential neighborhood that helps attract new tenants to the building. Neither building appears on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new owner from what would otherwise be a costly capital expenditure. Residents enjoy convenient access to the 101 Freeway, while the Metro Red Line is accessible via the nearby Vermont/Beverly station. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.

Listing agent (MLS): Roderick 'Rick' Raymundo · Listing brokerage (MLS): Marcus & Millichap

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,525,000

Beds

8 bd

Type

House

Home Size

4,608 sqft

Baths

7

Lot Size

0.10 acres

Year

1923

Status

For Sale

Days on Market

228

$ / Sqft

$331

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap