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 Market72
Property Features for 1123 N Alexandria
General Information
Standard status
Active
Size
3,178 SF
Property subtype
Residential Income
Net Operating Income
$177,000
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
Listed By:
Diana Makhtesyan
(818) 602-1622
Source:
Evrealestate
Added: Jul 30
Changed: Oct 6
Last Checked: Oct 7 at 12:59PM
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.
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.
Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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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 $1,700,000.
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
