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

Multifamily listing

501 N Alexandria

sold in

Koreatown

18 Units in Koreatown Sold @ 99% of Listed Price

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

501 N Alexandria Ave.
Koreatown / Mid-City

Listed Price

$

Number of Units

18 Units

Price per. Unit

$196,111

Bldg. Size

14,094 SF

Price per Foot

$250

Lot Size

9,803 SF

Year Built

1968

Current CAP

4.01%

Market CAP

6.54%

Zoning

LAR3

Download the OM to view Property Highlights, Financials & Sales Comparables

Price P/ Unit

$196,111

Price p/ Sq. ft.

$250

Proforma Cap Rate

6.54%

Contact

Sales agent

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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