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231 S Alexandria Ave, Los Angeles, CA 90004

$2,050,000

  • For Sale
  • Active
  • Multi-Family
231 S Alexandria Ave, Los Angeles, CA 90004View this property at 231 S Alexandria Ave, Los Angeles, CA 90004
231 S Alexandria AveLos AngelesCA90004
Property Description
Price Change! This is a three (3) unit multifamily investment opportunity located in the Koreatown submarket of Los Angeles. This income generating property is composed of a two buildings, with a total of 6 bedrooms and 5 bathrooms, per the Los Angeles County Assessor. Centrally located in the heart of booming Koreatown, just a few blocks away from popular restaurants, shopping, and walking distance from public transportation stops. This property is entitled for a 25-unit new construction complex, 7-story with mechanical basement, so it is a great option for developers. Koreatown is in extremely high demand for rental apartment units and development, so do not miss out on this tremendous opportunity to own in one of the hottest markets in Los Angeles. Do not disturb tenants.

Full Property Details for 231 S Alexandria Ave

General

  • Price: $2,050,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 18-364518
  • Updated: 9/14/2018
  • Added: 94 day(s) ago

Interior

  • Cooking Appliances: Range

Parking

  • Parking Features: Uncovered
  • Parking: Uncovered

Location

  • Area: Mid-Wilshire (C17)
  • County: Los Angeles
  • Development Name: Mid-Wilshire (C17)
  • Driving Directions: From 101 Highway, take Vermont Avenue South, head WEst on 3rd Street, head North on Alexandria to 231 S Alexandria Avenue.

Heating & Cooling

  • Heating Type: Wall Heater

Structural Information

  • # Buildings: 2
  • Square Feet: 1,368
  • Year Built: 1924

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Sq. Ft.): 7,261
  • Lot Size Source: Estimated
  • Zoning: LAR4

Financial Considerations

  • Price Per Sq. Ft.: $1,498.54

Disclosures and Reports

  • Legal Disclosures: Take Property As Is, Rent Control

Listed by ECC Real Estate, Sandra Park - CA DRE: 01936001

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Schools

Schools serving 231 S Alexandria Ave

Score
Name
Grades
Distance
4
100 N New Hampshire Ave, Los Angeles, CA 90004
K-6
0.4 mi
5
152 N Vermont Ave, Los Angeles, CA 90004
6-8
0.5 mi
4
1575 W 2nd St, Los Angeles, CA 90026
9-12
2.1 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

Price & Sales History for 231 S Alexandria Ave Get Price Alerts

Date
Details
Price
Change
Source
9/14/2018
Price Increased
$2,050,000
0.12%
MLS
9/12/2018
Price Reduced
$2,047,500
-6.93%
MLS
7/13/2018
Listed
$2,200,000
58.84%
MLS
4/25/2016
Sold
$1,385,000
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History

Tax History for 231 S Alexandria Ave

Year
Property Taxes
Change
Tax Assessment
Change
2017
$17,302
48%
$1,412,700
49%
2016
$11,667
1%
$946,608
2%
2015
$11,499
$932,390
2%
2013
$11,545
-1%
$914,127
2012
$11,700
3%
$909,997
2%
2012
$11,330
$892,155
2%
2011
$11,330
-1%
$874,663
1%
2009
$11,462
4%
$868,127
2008
$11,040
4%
$870,190
2%
2008
$10,571
$853,128
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 231 S Alexandria Ave

Listed by ECC Real Estate, Sandra Park - CA DRE: 01936001

231 S Alexandria Ave, Los Angeles, CA 90004 (MLS# 18-364518) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 231 S Alexandria Ave is currently listed for $2,050,000 and was received on July 13, 2018. Want to learn more about 231 S Alexandria Ave? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.