Nine-Unit Multifamily
For Sale
$4,000,000
313 N Alexandria Ave, Los Angeles, CA 90004
Fully occupied nine-unit multifamily with an on-site community laundry room and well-maintained interiors.
Property Size10,037 SF
Price / SF$398.53
Days on Market33
Property Features for 313 N Alexandria Ave
General Information
Standard status
Active
Size
10,037 SF
Total Parking Spaces
16
Property subtype
MULTI_FAMILY
Occupancy
100%
Units
Unit Mix
5 x 3BR/2BA, 4 x 2BR/1BA
Multifamily Units
9
Additional Details
Cap Rate
4.24%
Public Transit
Yes
Amenities
on-site community laundry room
Building Details
Building Size
10,037 SF
Year Built
1989
Buildings
1
Tenancy
Multi
Listing Agency:
Keller Williams Realty Los Feliz
Listed By:
Johnny Cho · License #01394690
Source:
Benbelack
Added: Jun 29
Changed: Jul 30
Last Checked: Jul 30 at 8:15AM
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 Keller Williams Realty Los Feliz
Investment Insights
Based on property information with market context.
313 N Alexandria Ave is a well-maintained nine-unit multifamily investment property with fully occupied in-place rental housing. Built in 1989, the 10,037 SF building includes five 3bd+2ba units and four 2bd+1ba units, with copper plumbing throughout.
Several units have been updated, including laminate flooring, renovated bathrooms, and newer wall A/C units. The property also provides 16 parking spaces and an on-site community laundry room.
For rent management considerations, the building is not subject to LA City rent control, while it is subject to California’s statewide rent cap. The description notes owners can adjust rents annually CPI + 5% or up to 10%. The property is situated in Mid-Wilshire, bordering Silver Lake and Koreatown, with convenient access to Downtown Los Angeles, dining and entertainment, and nearby Metro subway stations and public transportation.
Several units have been updated, including laminate flooring, renovated bathrooms, and newer wall A/C units. The property also provides 16 parking spaces and an on-site community laundry room.
For rent management considerations, the building is not subject to LA City rent control, while it is subject to California’s statewide rent cap. The description notes owners can adjust rents annually CPI + 5% or up to 10%. The property is situated in Mid-Wilshire, bordering Silver Lake and Koreatown, with convenient access to Downtown Los Angeles, dining and entertainment, and nearby Metro subway stations and public transportation.
Key Highlights
- Fully occupied nine‑unit multifamily property
- 10,037 SF building built in 1989 with copper plumbing
- Five 3bd+2ba units and four 2bd+1ba units
Property Analytics
Current Use
Lease Details
9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,214
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied nine-unit multifamily with an on-site community laundry room and well-maintained interiors.
Where is this apartment building located?
The property is located at 313 N Alexandria Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Fully occupied nine‑unit multifamily property; 10,037 SF building built in 1989 with copper plumbing; Five 3bd+2ba units and four 2bd+1ba units
