500 N Alexandria Avenue Los Angeles, CA $ 1,525,000
500 N Alexandria Avenue
$ 1,525,000
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500 N Alexandria Avenue

Los Angeles, CA, 90004
$ 1,525,000
Bedrooms8 Baths3.0 Sq 4,608

Monthly Estimate*

$ 9,390

Listed by Marcus & Millichap
500 N Alexandria Avenue, Los Angeles, CA 90004 - Image 1
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Multi-Family Home for sale in Los Angeles, CA

for $1,525,000 with 8 bedrooms and 3 full baths. This 4,608 square foot home was built in 1923 on a lot size of 0.1046.

Nestled between the trendy Larchmont Village and Virgil Village neighborhoods, just north of bustling Koreatown, the property allows tenants convenient access to many of Los Angeles' most recently improved areas. Silver Lake, Sunset Junction, and Echo Park are just east of the buildings, while the high-end Los Feliz neighborhood sits north of the property. A new ADU was completed in 2025, generating a substantial income stream by attracting higher-paying tenants with its brand new finishes. Garage parking for four vehicles is another rare amenity in this dense residential neighborhood that helps attract new tenants to the building. Neither building appears on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new owner from what would otherwise be a costly capital expenditure. Residents enjoy convenient access to the 101 Freeway, while the Metro Red Line is accessible via the nearby Vermont/Beverly station. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.

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Multi-Family Active

Price

$ 1,525,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1046

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26669749

Days on Market

4

Features
General
Living Area 4608
Zoning LAR3
Garage Spaces 4
Year Built 1923
Stories Count 2
Levels Two
Gross Income 138708
County Los Angeles
Net Operating Income 84120
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions We are pleased to announce the opportunity to purchase 500-510 N Alexandria Avenue a seven-unit multifamily property located in Los Angeles CA.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 7
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 4557
Standard Status Active
Cap Rate 5.52
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Interior
Total Stories 2
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 8
Total Baths 7
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Exterior
Parking Features Assigned
Total Parking 4
Lot Size Area 4557
Number of Buildings 2
Building Area Total 4608
Lot Size Acres 0.1046
Lot Size Source Estimated
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* Excluded Features
List By
Marcus & Millichap

Broker

Rick.Raymundo@MarcusMillichap.com

Email

Affordability Calculator

$9,390
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Monthly Principal & Interest
$9,390
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$1,525,000 Listed Price

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500 N Alexandria Avenue, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $1,525,000 with 4,608 sqft and a lot size of 0.1046. 500 N Alexandria Avenue has 8 bedrooms, 3.0 baths, and was built in 1923. The property's zip code is 90004 which is in Los Angeles, CA