1818 N Alexandria Avenue

    Los Angeles (City), CA 90027
    • $1,688,889
    • STATUS: Active
    • ON SITE: 316 days
    • ID#: OC19085547
    UPDATED: 96 min ago
    $1,688,889
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,150
      SQFT
    • $536
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    Centrally located in the heart of Hollywood, the options are endless with this value-add multi-family home. Located between Hollywood Boulevard and Franklin Avenue, within walking distance of shopping, public transit, prestigious schools and numerous employment hubs, housing in this community is highly desirable with very low vacancy rates. The spacious front home, which is currently the sellers+GG primary residence, features 4 bedrooms and 3 bathrooms. The upper units (studio and one-bedroom unit) contain two long term tenants on month-to-month leases with current rents well below market value. The large lot provides ample parking and growth potential for additional units, allowing for additional revenue opportunities in this continually developing area.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/93745318

    1818 N Alexandria Avenue Los Angeles (City), CA 90027

    • Price: $1,688,889
    • Status: Active
    • Updated: 96 min ago
    • ID#: OC19085547
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,150
    SQFT
    $536
    $/SQFT
    1920
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    Centrally located in the heart of Hollywood, the options are endless with this value-add multi-family home. Located between Hollywood Boulevard and Franklin Avenue, within walking distance of shopping, public transit, prestigious schools and numerous employment hubs, housing in this community is highly desirable with very low vacancy rates. The spacious front home, which is currently the sellers+GG primary residence, features 4 bedrooms and 3 bathrooms. The upper units (studio and one-bedroom unit) contain two long term tenants on month-to-month leases with current rents well below market value. The large lot provides ample parking and growth potential for additional units, allowing for additional revenue opportunities in this continually developing area.
    Exterior Features

    Garage Spaces 2.00 Lot Features LawnLevelValue In Land Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Laundry Features In Garage Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalksUrban Country Us Elevation Units Feet Fuel Expense 500.00 Gross Income 24000.00 Gross Scheduled Income 24000.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Maintenance Expense 2200.00 Net Operating Income 15980.00 New Construction YN No New Taxes Expense 25800.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 8020.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 2000.00 Total Expenses 30300.00 Trash Expense 500.00 Water Sewer Expense 2000.00 Water Source Public Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Andrew Yonce of Silver Platter Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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