Two-Parcel Apartment Income
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1554 Alexandria Ave, Los Angeles, CA 90027
Two contiguous lots with 12 mid-century apartment units across two buildings, offered at 50% occupancy.
Property Size10,558 SF
Lot Size0.32 Acres
Days on Market121
Property Features for 1554 Alexandria Ave
General Information
Standard status
Active
Size
10,558 SF
Lot size
0.32 Acres
Property subtype
Multifamily
Occupancy
50%
Additional Details
Multifamily Units
12
Building Details
Year Built
1955
Construction
Mid-Century
Listing Agency:
Carolwood Realestate
Listed By:
Chris Mara · License #CA 00886282
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 8:30PM
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 Carolwood Realestate
Investment Insights
Based on property information with market context.
This offering features 12 mid-century apartment units in two (2) contiguous properties on Alexandria Avenue. There are six (6) units per building, with units configured as either 1 or 2 bedrooms in an identical, side-by-side property layout. The buildings total 10,558 square feet across two structures of 5,279 square feet each, and both properties are described as a 1955 product. The current occupancy is stated as 50%.
The assemblage includes two parcels: one 6,834 square foot lot (1554) and one 6,902 square foot lot (1556), for a combined lot size of 13,736 square feet. The parcels are described as having 101 feet of street frontage and are positioned just north of Sunset Blvd and south of the Griffith Observatory, within Los Angeles.
All inquiries are to be coordinated through the listing agents, and occupants should not be disturbed.
The assemblage includes two parcels: one 6,834 square foot lot (1554) and one 6,902 square foot lot (1556), for a combined lot size of 13,736 square feet. The parcels are described as having 101 feet of street frontage and are positioned just north of Sunset Blvd and south of the Griffith Observatory, within Los Angeles.
All inquiries are to be coordinated through the listing agents, and occupants should not be disturbed.
Key Highlights
- Two contiguous lots with 12 mid‑century apartment units across two buildings on Alexandria Avenue
- 50% occupancy reported for the value‑add properties at 1554 and 1556 Alexandria Avenue
- Each building has 6 units, with unit mix of 1- and 2‑bedroom layouts
Property Analytics
Current Use
Lease Details
12
Residential units
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,208
Businesses Nearby
Explore this area
Business Placement
Demographics for 90027, CA
44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two contiguous lots with 12 mid-century apartment units across two buildings, offered at 50% occupancy.
Where is this apartment building located?
The property is located at 1554 Alexandria Ave Los Angeles, CA.
What are key features of this property?
This property features: Two contiguous lots with 12 mid‑century apartment units across two buildings on Alexandria Avenue; 50% occupancy reported for the value‑add properties at 1554 and 1556 Alexandria Avenue; Each building has 6 units, with unit mix of 1- and 2‑bedroom layouts
