801 N Alexandria Ave 4 Unit Apartment Building $1,841,000 ($460,250/Unit) 5.88% Cap Rate Los Angeles, CA 90029

“A stabilized, fully renovated Hollywood cash-flow asset with low maintenance, immediate tax advantages, and premium tenant appeal.”
This is a VERY strong 1031 exchange product if marketed correctly.
THIS PROPERTY CHECKS ALL THE BOXES:
Fully remodeled
Stable income
Market rents
Low maintenance
Washer/dryer in units
Strong Hollywood location
Potential vacant delivery
Turn-key asset
1031 exchange friendly
Attractive tenant profile
REAL story.
PERFECT BUYERS:
1031 exchange buyers
Passive income buyers
Small multifamily investors
“Doctor/lawyer” investors
First-time apartment buyers
“A fully renovated, low-maintenance Hollywood multifamily asset requiring minimal capital expenditure.”
THE BEST ANGLE = LOW HEADACHE
Most investors today:
DO NOT want renovation
This is what current investors want:
stable income
easy management
no deferred maintenance
THIS property fits PERFECTLY.
Fully Renovated Hollywood Fourplex – Turn-Key 1031 Exchange Opportunity
801 N Alexandria Ave presents a rare opportunity to acquire a fully renovated and stabilized Spanish-style fourplex in one of Los Angeles’ most desirable rental submarkets.
Located just blocks from Los Angeles City College (LACC), this turn-key asset offers strong in-place income, low maintenance ownership, and excellent long-term investment fundamentals.
The property consists of four upgraded residential units featuring:
Modern kitchens with quartz countertops
Soft-close cabinetry
Hansgrohe fixtures
Stainless steel appliances
Recessed lighting with dimmers
Updated bathrooms with Kohler fixtures
Hardwood-style flooring
In-unit washer & dryers
Ductless AC & heating systems
New dual-pane windows
New exterior paint
Iron security features
Water-efficient landscaping
The property is currently 100% leased at market rental rates, providing immediate stable cash flow. Additionally, the front 2-bedroom / 1-bath unit at 801 N Alexandria may potentially be delivered vacant at close, creating flexibility for owner occupancy or rental repositioning.
Investors appreciate:
Low-maintenance operation
Minimal deferred maintenance
Strong tenant demand
Hollywood rental market exposure
Potential tax depreciation benefits
Ideal 1031 exchange replacement opportunity
Located near Hollywood, Koreatown, Silver Lake, Downtown Los Angeles, and major employment centers, the property benefits from one of the strongest renter-driven markets in Los Angeles.
Buyer to verify all information and potential vacancy delivery.
PRICE IT AS “TURN-KEY PREMIUM”
Letting ALL KNOW, WHAT IS IS NOT!!
This is NOT a fixer.
old fourplexes
deferred maintenance buildings
headache assets
“No renovation needed.”
That saves investors:
-time
-money
-stress
modern kitchens
washer/dryer
lighting
Spanish exterior
“100% leased”
“market rents”
“Fully renovated Hollywood fourplex with stable cash flow and almost ZERO maintenance…”
THE PSYCHOLOGY: Most investors right now are scared of:
construction costs
permits
vacancies
This Property solves ALL 3.
MAIN HEADLINE:
“Turn-Key Hollywood Fourplex – Stable Cash Flow + Low Maintenance + 1031 Exchange Ready”
“Rare combination of renovation quality, stable income, and operational simplicity.”
“One of the few truly turn-key fourplexes currently available in Hollywood.”
LOW HEADACHE OWNERSHIP EQUALS TO MOST EXTREMELY valuable in Los Angeles today Real Estate Market.