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130 N Alexandria Ave
Los Angeles, CA 90004

$11,380,000 USD

Apartments For Sale  •  36,012 SF

Property Details

  • Property Type Apartments
  • Total Building Size 36,012 SF
  • Lot Size 0.55 AC
  • Building Class C
  • Year Built 1971
  • Cap Rate 4.74 %
  • Zoning R3
71 Transit Score
87 Walk Score

Highlights

Strong Koreatown Location; Walk Score of 87
All One-Bedroom/One-Bathroom Units
±36,012 SF Building Size on ±24,008 SF Double Lot
True Value-Add Opportunity with Current Rent 55% Under Market
Well-Amenitized with Controlled Access, Elevator, Two On-Site Laundry Facilities, and Select Units have a Balcony
57 Gated Subterranean Parking with Dual Access Gates

Financial Summary (Actual)

Net Operating Income: $539,232 USD (2023)
Cap Rate: 4.74 %
Total Expenses: $362,322 USD

Green Rating

EnergyStar Yes

Amenities

  • Air Conditioning
  • Balcony
  • Controlled Access
  • Dishwasher
  • Laundry Facilities
  • Gated
  • Heating
  • Elevator
  • Vinyl Flooring

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 8 min - 4.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.5 mi
Transit/SubwayDriveWalkDistance
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 10 min 0.6 mi
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 20 min - 11.5 mi
Los Angeles International 25 min - 13.3 mi
Long Beach (Daugherty Field) 35 min - 24.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Covered
Included in Rent: Yes
Priscilla Nee 310-550-2508 CBRE, Inc.
Priscilla Nee 310-550-2508 CBRE, Inc.