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For SaleLuxury

$1,750,000

6,003 sqft$292/sqft86 days on market

149 N Alexandria AVE

Los Angeles, CA 90004

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

6,003

Square feet

1988

Built

Listing narrative

Description

Prime Investment Opportunity: Turnkey 7-units (consisting of six 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit) exempt from local RSO with good upside rent potential and good Cap rate; Boasting exceptional natural light throughout every unit, this pride-of-ownership asset features a highly stable tenant base and substantial recent updates. Capital improvements since 2018 include new roof, new exterior/interior paint, dual-pane energy-efficient windows, updated kitchens and baths in most units, water heaters. Tenants enjoy secure gated entry, security cameras, and ample covered off-street parking. Unbeatable, highly walkable location just steps from the Vermont/Beverly Metro Station, major dining, and everyday conveniences. High-yielding, low-maintenance portfolio addition—PLEASE DO NOT DISTURB TENANTS.

Listing agent (MLS): Bing Hou · Listing brokerage (MLS): IRN Realty

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

$1,750,000

Beds

Beds n/a

Type

Condo

Home Size

6,003 sqft

Baths

Baths n/a

Lot Size

0.14 acres

Year

1988

Status

For Sale

Days on Market

86

$ / Sqft

$292

· 8% down, 7% APR, 30yr fixed
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Courtesy of IRN Realty