149 N Alexandria, Los Angeles, CA 90004
- $1,750,000
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- AR26176675
- Year Built
- 1988
- Lot Size
- 6,002
- Acres
- 0.14
- Lot Location
- Gentle Sloping
- Days on Market
- 28
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
Property Description
Prime Investment Opportunity: Turnkey 7-units (consisting of six 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit) exempt from local RSO with good upside rent potential and good Cap rate; Boasting exceptional natural light throughout every unit, this pride-of-ownership asset features a highly stable tenant base and substantial recent updates. Capital improvements since 2018 include new roof, new exterior/interior paint, dual-pane energy-efficient windows, updated kitchens and baths in most units, water heaters. Tenants enjoy secure gated entry, security cameras, and ample covered off-street parking. Unbeatable, highly walkable location just steps from the Vermont/Beverly Metro Station, major dining, and everyday conveniences. High-yielding, low-maintenance portfolio addition—PLEASE DO NOT DISTURB TENANTS.
Additional Information
- Pool Description
- None
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Attached
- Number Of Units Total
- 7
- Gross Scheduled Income
- $157,884
- Operating Expense
- 50152
Listing courtesy of Listing Agent: Bing Hou (binghou66@gmail.com) from Listing Office: IRN Realty.
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