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Remodeled Triplex With Detox Use
New
For Sale
$1,750,000

1123 N Alexandria, Los Angeles, CA 90029

Fully remodeled property with a certified license for detox residential IMS operations.

Days on Market4

Property Features for 1123 N Alexandria

General Information

Standard status Active
Property subtype Residential Income
Net Operating Income $60,000

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
Listing Agency:
Listed By: Diana Makhtesyan
Source: Evrealestate
Added: Jul 30 Changed: Aug 2 Last Checked: Aug 2 at 6:06AM

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

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.

Key Highlights

  • Three‑unit triplex with a 14‑bed detox residential IMS operation
  • JACHO‑certified license included
  • Fully remodeled building

Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $106.8k $33.60
− Vacancy −$8.5k −$2.69
EGI $98.2k $30.91
− OpEx −$39.3k −$12.36
NOI $58.9k $18.55
3,178 SF · lease $33.60/SF/yr · vacancy 8.00% · expense 40.00%

Alternative Uses

Best Use
Multifamily LT 5
$64.38M
$56.34M – $75.12M (±1% cap)
NOI $4,506,906 @ 7.0% cap · market cap 257.54%
Second Best
Apartment 5plus
$56.18M
$49.16M – $65.55M (±1% cap)
NOI $3,932,947 @ 7.0% cap · market cap 224.74%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Y & Y Recovery Medical Clinic Rise Wellness Center Medical Clinic

Suggested Use

Top Pick Law Firm Travel Agency Tanning Salon (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,316
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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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 $1,750,000.
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
More about this property
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