Sold
Closed
1554 -1556 N Alexandria Avenue
Los Angeles CA, 90027
$4,400,000
$416.75 per sqft
Sold
Closed
18 Beds
12 Baths
10,558 sqft
Residential
Built in 1955
Listed by Steven Medina with Hilton & Hyland 310-278-3311
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.
24348319
MLSⓇ ID
January 16, 2024
Listed
July 14, 2024
Updated
Map
1554 -1556 N Alexandria Avenue
Los Angeles CA, 90027
Interior Features
Total Stories
1
Bedrooms
18
Total Bathrooms
12
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.32 Acres
Other Property Details
Area Name
C20 - Hollywood
Days on Market
18
Garage
No
Parking
Assigned, Covered, Carport, Detached Carport, Driveway
Parking Total
12
View
No
County
Los Angeles
Pool
No
Zoning
LARD1.5
Listing History
Date | Event | Price |
|---|---|---|
3/12/2024 | Sold | $4,400,000 |
2/7/2024 | Under Contract | — |
2/3/2024 | Under Contract | — |
Listing Contact: 310-278-3311
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 7/14/2024 at 6:18 AM UTC