1860 Alexandria | Los Angeles, CA 90027
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1860 Alexandria
Los Angeles, CA 90027
Build-to-Rent Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- A 16-unit Multifamily Opportunity on the Highly Desirable Franklin Avenue Corridor, a premier rental area known for rent growth and low vacancy
- Most units feature original oak hardwood flooring, wood windows, front & rear egress, vintage tiled baths and kitchens, and numerous closets
- Each unit is separately metered for gas and electric utilities, thus keeping operating expenses low
- Great Unit Composition of Twelve (12) One-Bedroom | One-Bathroom AND Four (4) Single | One-Bathroom apartment homes
- Twelve (12) parking spaces consisting of six (6) garages and six (6) on-grade parking spaces. Soft-story retrofit work was completed in 2019
- There is a significant affordability gap to home ownership within the zip code of 90027. The median home price in the area is $2,280,250
PROPERTY FACTS
| No. Units | 16 | Property Size | 9,920 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1951 |
| Costar Property Class | C | Parking Allocation | 1.21/1,000 sq ft |
| Total Plot Size | 0.24 ac | ||
| Use Class | RD1.5 - Restricted Density Multple Dwelling | ||
| No. Units | 16 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.24 ac |
| Property Size | 9,920 sq ft |
| Average Occupancy | 94% |
| No. Floors | 2 |
| Year Built | 1951 |
| Parking Allocation | 1.21/1,000 sq ft |
| Use Class | RD1.5 - Restricted Density Multple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Tile Floors
- Wooden Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Garden
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Gated
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 4 | £1,461 | - |
| 1+1 | 12 | £1,877 | - |
PROPERTY TAXES
| Parcel Number | 5589-033-042 | Improvements Assessment | £351,799 |
| Land Assessment | £206,114 | Total Assessment | £557,913 |
PROPERTY TAXES
Parcel Number
5589-033-042
Land Assessment
£206,114
Improvements Assessment
£351,799
Total Assessment
£557,913
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
