Remodeled Triplex With Detox
For Sale
$1,700,000
1123 N Alexandria, Los Angeles, CA 90029
Fully remodeled property with a certified license for detox residential IMS operations.
Property Size3,178 SF
Days on Market95
Property Features for 1123 N Alexandria
General Information
Standard status
Active
Size
3,178 SF
Property subtype
Residential Income
Net Operating Income
$177,000
Site & Location
Neighborhood
East Hollywood
Additional Details
Business Included
Yes
Amenities
Street Lights, Sidewalks
Floor Furnace
Building Details
Building Size
3,178 SF
Year Built
1995
Buildings
1
Stories
4
Listed By:
Diana Makhtesyan
(818) 602-1622
Source:
Evrealestate
Added: Jul 30
Changed: Oct 25
Last Checked: Oct 30 at 2:47PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Diana Makhtesyan
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Investment Insights
Based on property information with market context.
This three-unit triplex was built in 1995 and has undergone a full remodel. The property is configured for a 14-bed detox residential IMS operation and includes a JACHO-certified license. Interior features include a floor furnace.
The property is located at 1123 N Alexandria in Los Angeles, within Los Angeles County. Its existing three-unit configuration and specialized residential healthcare use provide a defined operating profile for continued use in its current format.
The property is located at 1123 N Alexandria in Los Angeles, within Los Angeles County. Its existing three-unit configuration and specialized residential healthcare use provide a defined operating profile for continued use in its current format.
Key Highlights
- Three‑unit triplex with a 14‑bed detox residential IMS operation
- JACHO‑certified license included
- Fully remodeled building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,943
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,178,860
$1.2M
Cap Rate 7%
$842,043
$842.0K
Cap Rate 9%
$654,922
$654.9K
Market Conditions
NOI Build-Up for 3,178 SF
Gross rent
$106.8K $33.60/SF
− Vacancy
−$8.5K −$2.69/SF
EGI
$98.2K $30.91/SF
− OpEx
−$39.3K −$12.36/SF
NOI
$58.9K $18.55/SF
Area
Los Angeles, CA
Vacancy
8.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,178,860
Cap Rate 7%
$842,043
Cap Rate 9%
$654,922
Alternative Uses
Best Use
Multifamily LT 5
$64.38M
$56.34M – $75.12M
NOI $4,506,906 @ 7.0% cap · market cap 265.11%
Second Best
Apartment 5plus
$56.18M
$49.16M – $65.55M
NOI $3,932,947 @ 7.0% cap · market cap 231.35%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
6,522
Businesses Nearby
Explore this area
Business Placement
Demographics for 90029, CA
34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Fully remodeled property with a certified license for detox residential IMS operations.
Where is this triplex located?
The property is located at 1123 N Alexandria Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Three‑unit triplex with a 14‑bed detox residential IMS operation; JACHO‑certified license included; Fully remodeled building
