Value-Add Apartment
328 N Alexandria Ave Los Angeles, CA 90004
328 N Alexandria Ave, Los Angeles, CA, 90004
$1,200,000
For Sale
$1,200,000
Eight-unit apartment building with three studios and five one-bedroom units on a 6,900-square-foot parcel.
Property Size3,833 SF
Lot Size0.16 Acres
Price / SF$313.07
Days on Market92
Property Features for 328 N Alexandria Ave
General Information
- Standard status
- Active
- Size
- 3,833 SF
- Lot size
- 0.16 Acres
- Property subtype
- MULTI_FAMILY
Building Details
- Year Built
- 1929
Listing agency
Marcus & Millichap
(213) 943-1800
Listed by
Sean Rosenzweig · License #CA:01406343
Source
Carolinakramer
Added: Apr 22 Updated: Jul 21 at 7:00PM Checked: Jul 22 at 5:10AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
328 North Alexandria Avenue is an eight-unit apartment property featuring three studio units and five one-bedroom units, totaling 3,833 rentable square feet. The building was constructed in 1929 and retains the classic architectural character of the neighborhood.
The property is located just north of Beverly Boulevard in the East Hollywood submarket, bordering Koreatown to the south. It offers easy access to Downtown Los Angeles, Hollywood, and the Mid-Wilshire corridor, and the Metro Red Line’s Vermont/Beverly Station is within walking distance.
The current setup provides 53% remaining rental upside that is described as achievable through interior renovations and exterior curb-appeal improvements.
The property is located just north of Beverly Boulevard in the East Hollywood submarket, bordering Koreatown to the south. It offers easy access to Downtown Los Angeles, Hollywood, and the Mid-Wilshire corridor, and the Metro Red Line’s Vermont/Beverly Station is within walking distance.
The current setup provides 53% remaining rental upside that is described as achievable through interior renovations and exterior curb-appeal improvements.
Key Highlights
- Eight‑unit apartment building with 3 studios and 5 one‑bedroom units totaling 3,833 rentable SF
- Built in 1929 on a 6,900‑square‑foot parcel
- Unit mix: 3 studio units plus 5 one‑bedroom units
Property Analytics
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FAQs
What type of property is this?
Apartment building - Eight-unit apartment building with three studios and five one-bedroom units on a 6,900-square-foot parcel.
Where is this apartment building located?
The property is located at 328 N Alexandria Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Eight‑unit apartment building with 3 studios and 5 one‑bedroom units totaling 3,833 rentable SF; Built in 1929 on a 6,900‑square‑foot parcel; Unit mix: 3 studio units plus 5 one‑bedroom units
