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512 N Alexandria Ave
Los Angeles, CA 90004 East Hollywood

$2,600,000 USD

Apartments For Sale  •  11,184 SF

Property Details

• Property Type Apartments
• Total Building Size 11,184 SF
• Lot Size 0.2 AC
• Building Class C
• Year Built 1929
• Cap Rate 7.20 %
• Zoning R3-1

70 Transit Score

80 Walk Score

Highlights

16 Units | Value Opportunity | Pride of Ownership | ADU Potentiality

Current 7.8 GRM and 7.2% Cap Rate

Situated in a quiet East Hollywood Neighborhood | Street Parking

Twelve (12) One Bed & Four (4) Singles | Large Units w/ Eat-In Kitchens, Decorative Molding, High Ceilings

Garden, Solar Panels, Master-Metered Utilities, Storage Space and Onsite Laundry with a Cancellable Contract = Immediate Upside

New Dual-Pane Windows on Three Elevations. Preservation of the French Windows on the Front Facade Ensures Premium Curb Appeal

Property Flyers

16 Units_512 N Alexandria Avenue_OM

Cap Rate:

7.20 %

Amenities

• Laundry Facilities
• Property Manager on Site
• Storage Space

Public Transportation

Commuter Rail	Drive	Walk	Distance
	8 min	-	4.2 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))	10 min	-	4.4 mi
Transit/Subway	Drive	Walk	Distance
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	11 min	0.6 mi
Airport	Drive	Walk	Distance
Bob Hope	19 min	-	11.1 mi
Los Angeles International	26 min	-	13.7 mi
Long Beach (Daugherty Field)	36 min	-	25.3 mi