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Residential Income — 149 N Alexandria, Los Angeles, CA

$1,750,000

149 N Alexandria, Los Angeles, CA

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About this property

Prime Investment Opportunity: Turnkey 7-units (consisting of six 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit) exempt from local RSO with good upside rent potential and good Cap rate; Boasting exceptional natural light throughout every unit, this pride-of-ownership asset features a highly stable tenant base and substantial recent updates. Capital improvements since 2018 include new roof, new exterior/interior paint, dual-pane energy-efficient windows, updated kitchens and baths in most units, water heaters. Tenants enjoy secure gated entry, security cameras, and ample covered off-street parking. Unbeatable, highly walkable location just steps from the Vermont/Beverly Metro Station, major dining, and everyday conveniences. High-yielding, low-maintenance portfolio addition—PLEASE DO NOT DISTURB TENANTS.

Property details

Year built
1988
Property type
Residential Income
Lot size
6,002 sqft

Location

149 N Alexandria • Los Angeles, CA 90004

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Listed by

Bing Hou · IRN Realty

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