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1554 N Alexandria Ave, Los Angeles, CA 90027
$4,400,000
1554 N Alexandria Ave, Los Angeles, CA 90027View this property at 1554 N Alexandria Ave, Los Angeles, CA 90027
1554 N Alexandria AveLos AngelesCA90027
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Property Description
Introducing, for the first time in over 50 years, an incredible opportunity to acquire this prime Income/Development Opportunity of two (2) contiguous lots! Excellent location in the heart of Los Angeles just North of Sunset Blvd and South of the Griffith Observatory. 12 Mid-Century units on Alexandria Avenue exude old Hollywood charm. In a rapidly gentrifying area adjacent to Los Feliz, 1554 and 1556 are remarkable Value-Add properties at 50% occupancy. Rarely are two contiguous lots with 101 foot street frontage and prime 2-parcel assemblage available at this price! Centrally sited only minutes from Hollywood, the Silverlake Reservoir, the Greek Theatre, exceptional hiking, retail, and dining. Each unit, either 1 or 2 bedrooms, can be found in identical, side-by-side properties. Two 5,279 sqft. buildings combine for 10,558 sqft. of living. One 6,834 sqft. lot (1554) and another 6,902 sqft. lot (1556) combine for a lot size of 13,736 sqft. With 6-units in each building, this 1955 product is great for 1031 Exchange Buyers, developers or investors.
Full Property Details
Full Property Details for 1554 N Alexandria Ave
General
- Sold For: $4,400,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-348319
- Added to Site: 105 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 18
Additional Information
- Other Features: Other
Parking
- Garage Description: Assigned, Covered Parking, Carport Detached, Carport, Driveway, Driveway - Combination
Location
- Area: Hollywood
- County: Los Angeles
- Driving Directions: North of Sunset Blvd. West of Vermont Ave.
Heating & Cooling
- Cooling Type: Other
- Heating Type: Wall
Structural Information
- # Buildings: 2
- Stories/Levels: 2
- Square Feet: 10,558
- Sq. Ft. Source: Assessor
- Year Built: 1955
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 12
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.3152
- Lot Size: 13736
- Lot Size Source: Assessor
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $426.22
- Assessment Year: 1955
Disclosures and Reports
- Disclosures/Reports: As Is, Property Report, Probate
- APN: 5543-006-002
Listed and Sold by Hilton & Hyland, Steven Medina and Carolwood Estates, Christopher Mara
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Schools
Schools serving 1554 N Alexandria Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1740 N New Hampshire Ave, Los Angeles, CA 90027 | K-5 | 0.4 mi | |
4201 Fountain Ave, Los Angeles, CA 90029 | 6-8 | 1 mi | |
3939 Tracy St, Los Angeles, CA 90027 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1554 N Alexandria Ave
Date
Details
Price
Change
Source
3/11/2024
Sold
$4,400,000
-2.22%
MLS
1/15/2024
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1554 N Alexandria Ave, Los Angeles, CA 90027 (MLS# 24-348319) is a Multi-Family property that was sold at $4,400,000 on March 11, 2024. Want to learn more about 1554 N Alexandria Ave? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.