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177 N Alexandria Ave 7 Unit Apartment Building $1,650,000 ($235,714/Unit) Los Angeles, CA 90004
Investment Highlights
- Built in 1990 (Non-RSO)
- Each unit has its own water heater and is separately metered for gas and electric
- Close to schools, shops, dining and public transports
- 8 carport parking spaces
- 100% occupied
Executive Summary
100% Occupied Prime Investment Opportunity in Koreatown. Generating approximately $133,371 in gross annual rent (based on July 2026 rental income x 12 months) and with expenses of $47,428 from July 2025 through June 2026, this property offers potential upside for rental growth.
Property Facts
| Price | $1,650,000 | Lot Size | 0.14 AC |
| Price Per Unit | $235,714 | Building Size | 4,040 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1990 |
| Property Subtype | Apartment | Parking Ratio | 1.98/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | LAR3 | ||
| Price | $1,650,000 |
| Price Per Unit | $235,714 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,040 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 1.98/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1.5 | 1 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5518-010-003 | Improvements Assessment | $535,665 |
| Land Assessment | $738,852 | Total Assessment | $1,274,517 |
Property Taxes
Parcel Number
5518-010-003
Land Assessment
$738,852
Improvements Assessment
$535,665
Total Assessment
$1,274,517
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Contact the Sale Advisor
177 N Alexandria Ave