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For SaleLuxury

$6,998,000

8,041 sqft$870/sqft304 days on market

178 Alexandria Avenue

Los Angeles, CA 90004

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

8,041

Square feet

2020

Built

Listing narrative

Description

Modern 14-Unit Apartment Complex | Built 2020 | Prime Koreatown Location An exceptional opportunity to acquire a newer construction multifamily asset in the heart of Los Angeles. Located at 178 Alexandria Avenue, Los Angeles, CA 90004, this well-maintained 14-unit apartment complex, built in 2020, offers an ideal blend of modern design, strong unit mix, and long-term investment stability. The property features a desirable unit composition of four (4) spacious 2-bedroom, 2-bath units and ten (10) 1-bedroom, 1.5-bath units, thoughtfully designed to attract today's renters. All units offer contemporary layouts with modern finishes, maximizing tenant appeal and rental potential. The building includes a secure attached garage with 14 on-site parking spaces, a rare and highly sought-after amenity in this central Los Angeles location. Constructed with newer systems and infrastructure, the property benefits from strong operational efficiency. Situated near Koreatown, Downtown Los Angeles, and major transit corridors, the location provides excellent access to employment centers, dining, shopping, and entertainment, supporting consistent tenant demand. This turnkey asset presents an outstanding opportunity for investors seeking a newer construction multifamily property with upside potential in one of Los Angeles most dynamic rental markets.

Listing agent (MLS): Raffi Soualian · Listing brokerage (MLS): JohnHart Real Estate

Property Details

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Price

$6,998,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

8,041 sqft

Baths

Baths n/a

Lot Size

0.18 acres

Year

2020

Status

For Sale

Days on Market

304

$ / Sqft

$870

· 8% down, 7% APR, 30yr fixed
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Courtesy of JohnHart Real Estate