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Modern 14-Unit Apartment Complex
For Sale
$7,250,000

178 Alexandria Ave, Los Angeles, CA 90004

Built in 2020, this 14-unit multifamily property offers four 2-bedroom units and secure attached parking for 14 vehicles.

Days on Market99

Property Features for 178 Alexandria Ave

General Information

Standard status Active
Total Parking Spaces 14
Property subtype Commercial

Additional Details

Multifamily Units 14

Building Details

Year Built 2020
Listing Agency: JohnHart Real Estate
Listed By: Raffi Soualian · License #01887303
Source: Elliman
Added: Apr 24 Changed: Jul 21 Last Checked: Jul 31 at 7:42AM

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 JohnHart Real Estate

Investment Insights

Based on property information with market context.

This modern 14-unit apartment complex was built in 2020 and is currently configured with four (4) 2-bedroom, 2-bath units and ten (10) 1-bedroom, 1.5-bath units. The building includes contemporary layouts and modern finishes, with a secure attached garage providing on-site parking for 14 vehicles.

The property is located in Los Angeles’ Koreatown area, with access to Downtown Los Angeles and major transit corridors, supporting convenience to nearby employment and daily retail needs. Bike, walk, and transit scores are reported as 64 (Bikeable), 90 (Walker’s Paradise), and 66 (Good Transit).

With a newer construction build and attached parking on site, the complex is designed to support day-to-day resident needs in a central urban rental market.

Key Highlights

  • Built in 2020: modern 14‑unit apartment complex at 178 Alexandria Avenue, Los Angeles, CA 90004
  • Unit mix includes four (4) 2‑bedroom, 2‑bath units and ten (10) 1‑bedroom, 1.5‑bath units
  • Secure attached garage with 14 on‑site parking spaces

Property Analytics

Current Use

The Rancon Company Media Distribution

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Buffet Carpet & Flooring Store Clothing & Fashion Store Restaurant

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

2,208
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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Built in 2020, this 14-unit multifamily property offers four 2-bedroom units and secure attached parking for 14 vehicles.
Where is this apartment building located?
The property is located at 178 Alexandria Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: Built in 2020: modern 14‑unit apartment complex at 178 Alexandria Avenue, Los Angeles, CA 90004; Unit mix includes four (4) 2‑bedroom, 2‑bath units and ten (10) 1‑bedroom, 1.5‑bath units; Secure attached garage with 14 on‑site parking spaces
More about this property
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