907 N Alexandria Avenue 1, Los Angeles, CA 90029

About this property

Exceptional investment opportunity for 1031 exchanges or owner-occupants in the heart of Los Angeles! This well-maintained 12-unit apartment building, built in 1990, is not under city rent control, offering strong rental income with significant upside potential. Rents have not been increased in over six years and are at least 30% below market value, providing a prime opportunity for immediate growth. Tenants enjoy on-site parking and well-kept common areas. Two units can be delivered vacant for owner use or higher rental income, creating additional value-add potential. Featuring a mix of spacious units, the property is ideally located near shopping, dining, public transportation, and major freeways. Whether you're an investor looking to expand your portfolio or seeking an owner-occupied income property, this is a rare opportunity with endless possibilities!

Listing description from the May 2025 sale, as reported to CRMLS.

Sale history

$3,150,000

Sold May 2025 · listed $3,190,000, on market March 2025 · MLS #25508003 · Source: CRMLS

Listing Agent: Colby Jo · Listing Office: Omni Realty & Investment Group · Contact: 213-637-0010 · Bought with: Chul Koo You · Realty Plus Investment, Inc.

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