Prime Fourplex Investment Opportunity Near Koreatown and Hollywood! Built in 2006, this well-maintained four-unit apartment building offers stabilized income and significant upside potential. Each spacious unit features 3 bedrooms and 2.5 bathrooms, with two of the units recently remodeled to include modern upgrades. Enjoy sleek stainless steel kitchen appliances, granite countertops, and convenient in-unit laundry. The property also boasts ample parking, with a minimum of two spaces per unit. Located just minutes from the vibrant neighborhoods of Koreatown and Hollywood, this property is perfectly positioned for strong rental demand. Current rents range between $2,600 and $2,800 per unit, with room for growth. Don’t miss this exceptional investment opportunity!
Property Details
Price:
$2,050,000
MLS #:
24437927
Status:
Active
Baths:
0
Address:
563 N Alexandria Avenue
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Sep 10, 2024
State:
CA
ZIP:
90004
Lot Size:
7,564 sqft / 0.17 acres (approx)
Year Built:
2006
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Schools
Interior
Appliances
Dishwasher, Disposal, Refrigerator
Cooling
Central Air
Heating
Central
Exterior
Parking Features
Controlled Entrance, Gated
Parking Spots
8.00
Stories Total
2
Financial
Map
Community
- Address563 N Alexandria Avenue Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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Courtesy of The Partners Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
563 N Alexandria Avenue
Los Angeles, CA
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