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Mike Althof

mike.althof@gmail.com +1(619) 417-5766

$ 1,799,999

Est. payment -/mo

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Price Dropped by $100K

1528 N Alexandria Los Angeles, CA 90027

11 Beds

6.5 Baths

4,130 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 4,130 sqft

Price per Sqft $435

MLS Listing ID SR25241573

Bedrooms 11

Full Baths 6

Half Baths 1

Year Built 1912

Lot Size 6,834 Sqft

Property Sub-Type All Other Attached

Property Description

**HUGE INCOME EARNING POTENTIAL** The front house 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 OR it could become an extension/basement for the front house. You have multiple options! 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 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 *Disclaimer: Buyer and buyers agent are strongly advised to conduct their own independent investigation and due diligence to verify the accuracy of all property information, including but no

Location

State CA

County Los Angeles

Direction North of Sunset Blvd on Alexandria Ave

Interior

Heating Wall/Gravity

Cooling Wall/Window, Electric

Flooring Laminate, Linoleum/Vinyl

Fireplace No

Appliance Dryer, Washer, Gas Oven, Gas Range

Exterior

Garage Spaces 1.0

Utilities Available Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

Roof Type Flat

Total Parking Spaces 1

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 5543006007

Acceptable Financing Cash, Conventional, Cash To New Loan

Listing Terms Cash, Conventional, Cash To New Loan

Special Listing Condition Standard

Listed by Ricardo Velasquez LRS Realty & Management Inc.

Mike Althof

Broker Associate, Althof & Associates Team Lead | License ID: 01245962

+1(619) 417-5766

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Mike Althof

1528 N Alexandria Los Angeles, CA 90027

Key Details

Location

Interior

Exterior

Building

Others

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1528 N Alexandria