$6,998,000
FOR SALEActive178 Alexandria Avenue
Los Angeles CA 90004
13,787
SF
Multi-Family
Type
2020
Built
$508/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Modern 14-Unit Apartment Complex | Built 2020 | Prime Koreatown Location An exceptional opportunity to acquire a newer construction multifamily asset in the heart of Los Angeles. Located at 178 Alexandria Avenue, Los Angeles, CA 90004, this well-maintained 14-unit apartment complex, built in 2020, offers an ideal blend of modern design, strong unit mix, and long-term investment stability. The property features a desirable unit composition of four (4) spacious 2-bedroom, 2-bath units and ten (10) 1-bedroom, 1.5-bath units, thoughtfully designed to attract today's renters. All units offer contemporary layouts with modern finishes, maximizing tenant appeal and rental potential. The building includes a secure attached garage with 14 on-site parking spaces, a rare and highly sought-after amenity in this central Los Angeles location. Constructed with newer systems and infrastructure, the property benefits from strong operational efficiency. Situated near Koreatown, Downtown Los Angeles, and major transit corridors, the location provides excellent access to employment centers, dining, shopping, and entertainment, supporting consistent tenant demand. This turnkey asset presents an outstanding opportunity for investors seeking a newer construction multifamily property with upside potential in one of Los Angeles most dynamic rental markets.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
LAR3
Zoning
0.1846 acres
Lot Size
14
Total Units
13,787 SF
Square Footage
$507.58/SF
Price per SF
$250K
NOI
$92,740
Annual Tax
2,020
Year Built
4
Stories
14
Parking Total
1.02
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
$249,629
NOI
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CRMLS
MLS# GD26003773
Listed:
Nalren refreshed:
Last updated
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Listed by: JohnHart Real Estate
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.