178 Alexandria Avenue, Los Angeles, CA 90004

$6,998,000

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List Price
$6,998,000
Price Change
▼ $252,000 1780350710
Status
ACTIVE
MLS#
GD26007787
Year Built
2020
Lot Size
8,040
Acres
0.18
Lot Location
11-15 Units/Acre
Days on Market
196
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Apartment

Property Description

Modern 14-Unit Apartment Complex | Built 2020 | Prime Koreatown Location An exceptional opportunity to acquire a newer construction multifamily asset in the heart of Los Angeles. Located at 178 Alexandria Avenue, Los Angeles, CA 90004, this well-maintained 14-unit apartment complex, built in 2020, offers an ideal blend of modern design, strong unit mix, and long-term investment stability. The property features a desirable unit composition of four (4) spacious 2-bedroom, 2-bath units and ten (10) 1-bedroom, 1.5-bath units, thoughtfully designed to attract today's renters. All units offer contemporary layouts with modern finishes, maximizing tenant appeal and rental potential. The building includes a secure attached garage with 14 on-site parking spaces, a rare and highly sought-after amenity in this central Los Angeles location. Constructed with newer systems and infrastructure, the property benefits from strong operational efficiency. Situated near Koreatown, Downtown Los Angeles, and major transit corridors, the location provides excellent access to employment centers, dining, shopping, and entertainment, supporting consistent tenant demand. This turnkey asset presents an outstanding opportunity for investors seeking a newer construction multifamily property with upside potential in one of Los Angeles most dynamic rental markets.

Additional Information

Taxes
$92,740
Appliances
Dishwasher, Gas Oven
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood
Garage Spaces Total
14
Sewer
Public Sewer
Water
Public
Interior Features
Elevator, Quartz Counters, Recessed Lighting
Attached Structure
Attached
Number Of Units Total
14
Gross Scheduled Income
$396,446
Operating Expense
146817

Listing courtesy of Listing Agent: Raffi Soualian (raffi@jhhre.com) from Listing Office: JohnHart Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.