A vibrant sunset over a city skyline near 501 N Alexandria, with colorful clouds and a clear road leading into the foreground.

Closed Listing

18 Units in Koreatown Sold @ 99% of Listed Price

501 N Alexandria

sold in

Koreatown

Sold At

$

3,530,000

18

Number of Units

1968

Year Built

14,094

SF

Square Footage

9,803

SF

Lot Size

LAR3

Zoning

501 N Alexandria Ave, Los Angeles, CA 90004

About the Property

  1. Northern Koreatown location

  2. 84/100 Walk Score (Very Walkable)

  3. Close proximity to Melrose/Beverly Blvd shopping/dining

  4. 36% upside in rents!

  5. Situated on Large Corner Lot

  6. Large units with desirable mix

  7. 18 gated secure parking spaces (tuck under)

  8. 3-story Elevator

18

Number of Units

1968

Year Built

14,094

SF

Square Footage

9,803

SF

Lot Size

LAR3

Zoning

Detailed Brochure on Real Estate Opportunities

Price P/ Unit

$196,111

Price p/ Sq. ft.

$250

Proforma Cap Rate

6.54%

Contact

Sales agent

Email Us

Email Us

Email Us

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Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
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Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
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Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
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Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
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Dustin Dahan

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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628