Sold
1554 N Alexandria Ave
Los Angeles CA, 90027
$4,400,000
$416.75 per sqft
Sold
18 Beds
12 Baths
10,558 sqft
Multi-family
Built in 1955
Introducing, for the first time in over 50 years, an incredible opportunity to acquire this prime Income/Development Opportunity of two (2) contiguous lots! Excellent location in the heart of Los Angeles just North of Sunset Blvd and South of the Griffith Observatory. 12 Mid-Century units on Alexandria Avenue exude old Hollywood charm. In a rapidly gentrifying area adjacent to Los Feliz, 1554 and 1556 are remarkable Value-Add properties at 50% occupancy. Rarely are two contiguous lots with 101 foot street frontage and prime 2-parcel assemblage available at this price! Centrally sited only minutes from Hollywood, the Silverlake Reservoir, the Greek Theatre, exceptional hiking, retail, and dining. Each unit, either 1 or 2 bedrooms, can be found in identical, side-by-side properties. Two 5,279 sqft. buildings combine for 10,558 sqft. of living. One 6,834 sqft. lot (1554) and another 6,902 sqft. lot (1556) combine for a lot size of 13,736 sqft. With 6-units in each building, this 1955 product is great for 1031 Exchange Buyers, developers or investors.
24-348319
MLSⓇ ID
January 16, 2024
Listed
August 23, 2024
Updated
Map
1554 N Alexandria Ave
Los Angeles CA, 90027
Interior Features
Total Stories
2
Bedrooms
18
Total Bathrooms
12
Appliances
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.32 Acres
Other Property Details
Area Name
Hollywood
Days on Market
18
Garage
No
Parking
Assigned, Covered Parking, Carport Detached, Carport, Driveway, Driveway - Combination
Parking Total
12
View
No
County
Los Angeles
Pool
No
Zoning
LARD1.5
Listed by Steven Medina with Hilton & Hyland
Listing Contact: 310-270-1532
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor PLG Estates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024