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411-425 S Alexandria Ave
Los Angeles, CA 90020
411 & 425 S. Alexandria · Multifamily Property For Sale
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54 Units
Investment Highlights
- 2 Separate APN's and 215 Feet of Frontage in Prime Koreatown
- Low Density and Well Maintained Courtyard Buildings
- Attractive Unit Mix that is Ideal for the Immediate Rental Market
- Low Cost Per Unit, Low GRM & Attractive Current Cap Rate
- Impressive Rental Upside & Long Term Development Potential
Property Facts
| No. Units | 54 | Lot Size | 0.27 AC |
| Property Type | Multifamily | Building Size | 41,876 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1955 |
| Building Class | C | Parking Ratio | 1.06/1,000 SF |
| Zoning | R4, Los Angeles - Residential | ||
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 41,876 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | R4, Los Angeles - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Disposal
- Storage Space
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Double Pane Windows
- Freezer
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Pool
- Tenant Controlled HVAC
- Gated
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | $1,544 | 400 |
| 1+1 | 36 | $1,799 | 578 |
| 2+1 | 1 | $1,896 | 800 |
| 2+2 | 2 | $1,880 | 800 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,920,477 | |
| Land Assessment | $2,777,321 | Total Assessment | $4,697,798 |
Property Taxes
Parcel Numbers
Land Assessment
$2,777,321
Improvements Assessment
$1,920,477
Total Assessment
$4,697,798
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