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Listed by Ricardo Velasquez • LRS Realty & Management Inc.
$ 1,899,999
Est. payment /mo
Active
1528 N Alexandria Los Angeles, CA 90027
4,130 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,130 sqft
Price per Sqft $460
MLS Listing ID CRSR25240841
HOA Y/N No
Year Built 1912
Lot Size 6,834 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
Discover this beautifully remodeled quadplex located in one of Los Angeles' most desirable neighborhoods - the heart of Los Feliz (90027). This versatile property offers a perfect blend of owner-user and investment opportunity with a vacant front home ready for immediate occupancy and three income-producing rear units. The front house features 5 spacious bedrooms, 1.5 baths, fresh paint, updated flooring, a laundry room, and recent roof repairs - a move-in ready home ideal for an owner-occupant or high-demand rental. The front house also has a basement which roughly measures about 1,600 sq ft that has the potential for an additional ADU (buyer to verify) which could generate additional income. The rear units are fully occupied, with each unit offering 2 bedrooms, 1 bath (1 unit), and 2 bedrooms, 2 baths (2 units) with modern updates and stable paying tenants. Location, location, location: This property is centrally located and within distance to Kaiser and Children's Hospital, Los Feliz, Griffith Park, Hollywood, and Glendale. Tenants pay all utilities, with water billed via RUBS, keeping operating costs efficient. Executed leases and estoppels are available for review. Pro-Forma Rent Roll: $12,380 Current rents with front vacant house: $6,090 Vacant Unit Market Rent: $4,595 *Dis
Location
State CA
County Los Angeles
Interior
Heating Electric, Wall Furnace
Cooling Wall/Window Unit(s), Other
Flooring Laminate, Vinyl
Fireplace No
Appliance Gas Water Heater
Laundry Dryer, Washer
Exterior
View None
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