Prime Hollywood Triplex Investment Opportunity! Seize this exceptional investment opportunity in the heart of Hollywood! This well-maintained triplex offers strong potential for rental income growth. The property features a spacious 2-bedroom, 1-bath unit on the top floor, along with two 1-bedroom, 1-bath units on the lower level. Situated on a 6,500+ square foot lot, it offers plenty of parking, including 2 enclosed garages.Recent building upgrades include new copper plumbing, water heaters, dual-pane windows, and an updated sewer line, providing a solid foundation for future enhancements. Additionally, foundational piers and a post-repair have been completed for added stability. The city has approved an Accessory Dwelling Unit (ADU) for the property, offering even more potential for value-add and increased rental income. With a prime location, this property is just steps away from a wide variety of restaurants, shops, LA City College, and the Metro Red Line, offering convenient access to downtown LA and beyond. This is your chance to invest in one of Los Angeles’ most sought-after neighborhoods with tremendous upside potential! Please do not disturb tenants. All tenants have all agreed to a cash-for-keys arrangement.
Property Details
Price:
$1,099,000
MLS #:
25513153
Status:
Active
Baths:
0
Address:
1117 N Alexandria Avenue
Type:
Residential Income
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Mar 18, 2025
State:
CA
ZIP:
90029
Lot Size:
6,543 sqft / 0.15 acres (approx)
Year Built:
1924
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Schools
Interior
Cooling
None
Exterior
Parking Features
Garage – Two Door, Assigned
Parking Spots
7.00
Stories Total
2
Financial
Map
Community
- Address1117 N Alexandria Avenue Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90029
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1117 N Alexandria Avenue
Los Angeles, CA
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