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9-Unit Apartment Building
For Sale
$3,245,000

313 N Alexandria Ave, Los Angeles, CA 90004

Residential Income, Los Angeles, CA

Property Size10,037 SF
Lot Size0.19 Acres
Price / SF$323.30
Days on Market94

Property Features for 313 N Alexandria Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 23
Bathrooms 14
Full bathrooms 14
Rooms Bedroom 15, Bathroom 4, Bathroom 6, Bathroom 5, Bedroom 6, Bedroom 9, Bedroom 23, Bedroom 18, Bedroom 17, Bedroom 3, Bathroom 13, Bathroom 2, Bedroom 21, Bedroom 4, Bedroom 13, Bathroom 8, Bedroom 12, Bedroom 1, Bedroom 11, Bathroom 1, Bedroom 5, Bathroom 14, Bedroom 7, Bedroom 14, Bedroom 20, Bedroom 10, Bathroom 3, Bedroom 19, Bedroom 16, Bedroom 2, Bedroom 22, Bathroom 9, Bathroom 11, Bathroom 7, Bathroom 10, Bathroom 12, Bedroom 8
Parking 16
Parking features Tandem, Driveway, Assigned
Directions North of Beverly Blvd, West of Vermont Ave, East of Normandie Ave, and South of Melrose Ave
Subdivision Mid-Wilshire
Standard status Active
APN 5520-024-003
Size 10,037 SF
Lot size 0.19 Acres

Utilities

Cooling system Wall Unit(s)

Amenities

community laundry room

Building Details

Year built 1989
Floors in Building 3
Number of units 9
Listing Agency: Keller Williams Realty Los Feliz
Listed By: Johnny Cho · License #01394690
Added: Jun 29 Changed: Sep 30 Last Checked: Sep 30 at 6:06PM
MLS# 26852873

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1989, this 10,037-square-foot apartment property contains nine units: five three-bedroom, two-bath residences and four two-bedroom, one-bath residences. The building is fully occupied and includes copper plumbing, wall-unit cooling, 16 parking spaces, and an on-site community laundry room. Several residences have laminate flooring, renovated bathrooms, and newer wall A/C units. The property is zoned LAR3 and sits on a 0.1893-acre lot.

Located at 313 N Alexandria Ave in Los Angeles, the property is positioned in Mid-Wilshire near Silver Lake and Koreatown. Echo Park, Downtown Los Angeles, dining, entertainment, Metro subway stations, and public transportation are identified as nearby area amenities. Financial metrics include a 5.50 CAP rate and 11.56 GRM. The 1989 construction date also places the property outside LA City rent control, while California’s statewide rent cap applies.

Key Highlights

  • 9‑unit apartment building with five 3bd+2ba units and four 2bd+1ba units
  • 10,037 SF building on a 0.1893‑acre lot
  • Fully occupied with a 5.50 CAP rate and 11.56 GRM

Property Analytics

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Current Use

Wellman Property Management Property Management Company

Suggested Use

Top Pick Law Firm Real Estate Agency Tanning Salon (Bike/Boat/Book/etc) Store Buffet Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,181
Businesses Nearby

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily property with assigned parking, community laundry, and a mix of two- and three-bedroom floor plans.
Where is this apartment building located?
The property is located at 313 N Alexandria Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,245,000.
What are key features of this property?
This property features: 9‑unit apartment building with five 3bd+2ba units and four 2bd+1ba units; 10,037 SF building on a 0.1893‑acre lot; Fully occupied with a 5.50 CAP rate and 11.56 GRM
More about this property
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