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$3,150,000
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Property Description
Exceptional investment opportunity for 1031 exchanges or owner-occupants in the heart of Los Angeles! This well-maintained 12-unit apartment building, built in 1990, is not under city rent control, offering strong rental income with significant upside potential. Rents have not been increased in over six years and are at least 30% below market value, providing a prime opportunity for immediate growth. Tenants enjoy on-site parking and well-kept common areas. Two units can be delivered vacant for owner use or higher rental income, creating additional value-add potential. Featuring a mix of spacious units, the property is ideally located near shopping, dining, public transportation, and major freeways. Whether you're an investor looking to expand your portfolio or seeking an owner-occupied income property, this is a rare opportunity with endless possibilities!
Full Property Details
Full Property Details for 907 N Alexandria Ave #1
General
- Sold For: $3,150,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 25508003
- Added to Site: 300 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 25
Bedrooms
- Total Bedrooms: 25
Additional Information
- Other Features: None
Parking
- Garage Description: Community Garage, Controlled Entrance
Location
- Area: Hollywood
- County: Los Angeles
- Driving Directions: On Alexandria between Santa Monica Blvd and Melrose Ave
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- # Buildings: 1
- Stories/Levels: 1
- Square Feet: 10,784
- Sq. Ft. Source: Assessor
- Year Built: 1990
- Year Built Source: Assessor
Unit Information
- Units in Complex: 12
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21
Unit 1
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Total Bathrooms: 2
- Bedrooms: 2
Unit 5
- Total Bathrooms: 2
- Bedrooms: 2
Unit 6
- Total Bathrooms: 2
- Bedrooms: 2
Unit 7
- Total Bathrooms: 2
- Bedrooms: 2
Unit 8
- Total Bathrooms: 2
- Bedrooms: 2
Unit 9
- Total Bathrooms: 2
- Bedrooms: 2
Unit 10
- Total Bathrooms: 2
- Bedrooms: 2
Unit 11
- Total Bathrooms: 2
- Bedrooms: 2
Unit 12
- Total Bathrooms: 2
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2328
- Lot Size: 10141
- Lot Size Source: Assessor
- Lot Dimensions: 51 x 99
- Zoning: LARD2
Financial Considerations
- Price Per Sq. Ft.: $295.81
- Assessment Year: 1990
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5538-006-034
Listed by Omni Realty & Investment Group, Colby Jo
Sold by Realty Plus Investment, Inc., Chul Koo You
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Schools
Schools serving 907 N Alexandria Ave #1
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Ramona Elementary School, Los Angeles, CA 1133 Mariposa Avenue, Los Angeles, CA 90029 | K-6 | 0.3 mi |
Joseph Le Conte Middle School 1316 N. Bronson Ave., Los Angeles, CA 90028 | 6-8 | 1.2 mi |
Helen Bernstein High School 1309 N. Wilton Pl., Los Angeles, CA 90028 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 907 N Alexandria Ave #1
Date
Details
Price
Change
Source
5/15/2025
Sold
$3,150,000
-1.25%
MLS
3/24/2025
Listed
$3,190,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
907 N Alexandria Ave #1, Los Angeles, CA 90029 (MLS# 25508003) is a Multi-Family property that was sold at $3,150,000 on May 15, 2025. Want to learn more about 907 N Alexandria Ave #1? 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.

