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130 N Alexandria Ave
Los Angeles, CA 90004 Koreatown

Price Upon Request

Apartments For Sale  •  36,012 SF

Property Details

  • Property Type Apartments
  • Total Building Size 36,012 SF
  • Lot Size 0.55 AC
  • Building Class C
  • Year Built 1971
  • Zoning R3
71 Transit Score
88 Walk Score

Highlights

The Neema Group of Marcus & Millichap is pleased to present The Orleans Apartments, a 54-unit investment opportunity in prime Koreatown
The subject property features an ideal unit mix of 54 one-bedrooms with 57 subterranean parking spaces; five units will be delivered vacant
This is a value-add opportunity with 40% rental upside achievable as units turn
There are two laundry rooms on the third and fourth floors, each with three washers and three dryers leased with Wash
Rare opportunity to acquire a sizeable asset with substantial upside

Green Rating

EnergyStar Yes

Amenities

  • Air Conditioning
  • Balcony
  • Controlled Access
  • Dishwasher
  • Laundry Facilities
  • Energy Star Labeled
  • Gated
  • Heating
  • Elevator
  • Vinyl Flooring

Public Transportation

Commuter RailDriveWalkDistance
8 min - 4.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 4.5 mi
Transit/SubwayDriveWalkDistance
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 11 min 0.6 mi
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 20 min - 11.5 mi
Los Angeles International 26 min - 13.3 mi
Long Beach (Daugherty Field) 35 min - 24.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Covered
Included in Rent: Yes