244 S Alexandria AV
Los Angeles, CA, 90004
$1,795,000
8 Beds
8 Baths
4,228 SqFt
0.2 Acres
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MLS #26853139 image #0
Price greatly improved! Exceptional Koreatown fourplex offering large unit layouts, strong long-term investment potential, and approximately $150,000 in recent capital improvements. Built in 1923, the property features 4,228 SF of living space on an approximately 8,500 SF lot, comprised of four spacious 2-bedroom, 2-bathroom units averaging approximately 1,057 SF each. One unit will be delivered vacant, presenting an excellent opportunity for an owner-user or immediate rental upside.The oversized lot offers potential for future ADU or redevelopment opportunities (Buyer to verify). Parking includes two detached two-car garages, covered parking, and additional storage units, with recent improvements to the garage doors and lighting.Approximately $150,000 has been invested over the past four years, including new electrical systems in all four units, a new roof on both the main building and garage, full copper repipe from the meter to the units, new ABS plumbing beneath the building, foundation repairs, completed termite work, and new dishwashers and in-unit washer/dryers. These significant capital improvements help minimize future maintenance costs while providing added value and peace of mind for the next owner. A rare opportunity to acquire a well-maintained, character-rich multifamily asset with substantial recent upgrades, attractive unit sizes, parking, and long-term value-add potential in one of Los Angeles’ most sought-after rental markets.

Property Details

Price:
$1,795,000
MLS #:
26853139
Status:
Active
Beds:
8
Baths:
8
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
Jun 29, 2026
Finished Sq Ft:
4,228
Total Sq Ft:
4,228
Lot Size:
8,701 sqft / 0.20 acres (approx)
Year Built:
1923
C17 – Mid-wilshireC17midwilshire

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Schools

Interior

Appliances
Microwave, Refrigerator, Dishwasher
Heating
Forced Air
Laundry Features
Dryer Included
Levels
Two

Exterior

Common Walls
1 Common Wall
Stories
2

Financial

Gross Operating Income
$140,484
Net Operating Income
$97,694

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Nov 03, 2026
5,359
Single Family Listed
98
Avg DOM
525
Avg $ / SqFt
$1,978,313
Avg List Price

Property Summary

    244 S Alexandria AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90004. It is listed for $1,795,000 and features 8 beds, 8 baths, and has approximately 4,228 square feet of living space, and was originally constructed in 1923. The current price per square foot is $425. The average price per square foot for Single Family listings in Los Angeles is $525. The average listing price for Single Family in Los Angeles is $1,978,313.

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244 S Alexandria AV
Los Angeles, CA