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$ 2,726,000
Est. payment | /mo
16 Beds
16 Baths
11,184 SqFt
$ 2,726,000
Est. payment | /mo
16 Beds
16 Baths
11,184 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 11,184 sqft
Price per Sqft $243
MLS Listing ID 25595735
Bedrooms 16
HOA Y/N No
Year Built 1929
Lot Size 8,603 Sqft
Property Description
CBRE is proud to present 512 N Alexandria Avenue, a meticulously maintained 16-unit multifamily building in the highly desirable East Hollywood submarket. This property benefits from a prime location, boasting a Walk Score of 85,and providing residents with convenient access to public transportation and the 101 freeway. The property consists of a unit mix of four studios and twelve one-bedroom units. Among the amenities are a garden patio area, on-site, app paid laundry facilities, solar panels, master-metered utilities, extensive storage space, and the benefits of an on-site manager, streamlining operations and enhancing tenant satisfaction. This property's prime location, coupled with the attractive features, firmly positions 512 N Alexandria Avenue as a solid investment in a thriving submarket. The property offers significant potential for long-term value appreciation, driven by the continued desirability of the East Hollywood neighborhood, presenting a compelling and highly sought after opportunity for discerning investors seeking a stable and profitable asset in a prime Los Angeles location.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning R3-1
Interior
Interior Features Ceiling Fan(s), Storage
Heating Central
Fireplace No
Appliance Refrigerator
Exterior
Parking Features On Street
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5520009025
Special Listing Condition Standard
Listed by Jenny Eng CBRE
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Brandon Rivinius
REALTOR® | Lic# 01891904 | 01968416