130 S Alexandria Ave is a 30-unit apartment building located in prime Koreatown, one of the most desirable and rapidly developing submarkets of Los Angeles. Originally constructed in 1990, the Property is a luxury three-story structure that has undergone significant renovations and offers the opportunity to add value through additional renovations. The Property features thirty well-designed, two bedroom, two bath units with open floor plans.130 S Alexandria offers investors a rare opportunity to acquire a sizeable trophy-asset within a high-demand rental market. Approximately 20 of the units have been renovated. The fully renovated units are equipped with high-end finishes which include new stainless-steel appliances, quartz countertops, vinyl plank flooring throughout, new kitchen cabinets and backsplashes, beautiful bathrooms with new sinks and vanities, new LED fixtures throughout, new paint and new window coverings. All first-floor units have extremely spacious patios, and all upper floor units have high, vaulted ceilings and balconies with expansive views of Downtown Los Angeles or Hollywood/Observatory. Less than half of the units have been fully renovated, leaving room for an investor to capitalize on the remaining rental upside. The Property has also undergone exterior capital improvements including a brand-new roof, new exterior paint, new flooring and new LED lighting throughout. The Property has secured entry with an intercom and 58 gated, underground parking spaces for all tenants. Additionally, each floor is conveniently equipped with a laundry room. Through a complete interior renovation program, an investor will have the opportunity to capitalize on the remaining rental upside. 130 S Alexandria is ideally positioned in one of the most sought-after and vibrant communities in Los Angeles. The Property is a Walker's Paradise, conveniently located amongst nearby amenities including entertainment venues, restaurants, shopping, hotels, and nightlife. Tenants are only a 12-minute walk to the Vermont / Beverly Metro Red Line Station and less than a mile from the Wilshire /Normandie Purple Line Station connecting to riders to the greater Los Angeles Area. Located in an area with immense economic growth, 130 S Alexandria provides investors with the opportunity to acquire a well maintained, trophy-asset, which is poised to deliver long term appreciation and rent growth.
Property Details
Property Features
Property Information:
Year Built: 1990
Stories: 3
Living Area: 41,181 SqFt
Listing Office:
Office Name: Kidder Mathews of California, Inc.
Office Phone: (858) 369-3010
Listing Agent: Janet Neman
Interior Features
Interior Information:
Appliances: Dishwasher, Refrigerator
Bedroom and Bathroom Information:
Total Bedroom Count: 60
Exterior Features
Parking Information:
Parking: Controlled Entrance, Private
Lot Features
Lot Information:
Lot Size: 0.55 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: South of Beverly Blvd, North of 6th St
Price Information
Listing Price Info
Price Summary:
List Price: $11,995,000
Price Per SqFt: $291/SqFt
Tax Information:
Annual Amount: $154,082
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $10.9M more than the Median Sold Price and $350/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24403099
Listing Office:
Office Name: Kidder Mathews of California, Inc.
Office Phone: (858) 369-3010
Listing Agent: Janet Neman
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/18/2024, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 14, 2014
Jan 14, 2014Home Sold
$8,375,000
May 28, 1999
May 28, 1999Home Sold
$1,508,000
Aug 02, 1989
Aug 02, 1989Home Sold
$198,000
Aug 02, 1989
Aug 02, 1989Home Sold
$198,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$154,082
$12,742,962
2020
$112,237
$12,612,300
2019
$111,624
$9,203,432
2018
$109,062
$9,022,973
2017
$109,062
$8,846,053
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Frank Del Olmo Elementary School
100 N New Hampshire Ave
Distance between this listing and this school0.34 miles
Public District Grades KG-5
6
/10
Cahuenga Elementary School
220 S Hobart Blvd
Distance between this listing and this school0.41 miles
Public District Grades KG-5
6
/10
Alexandria Elementary School
4211 Oakwood Ave
Distance between this listing and this school0.44 miles
Public District Grades KG-5
Nearby Schools
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.44 miles
Public District Grades 6-8
3
/10
Camino Nuevo Charter Academy #2
3400 W 3rd St
Distance between this listing and this school0.56 miles
Public Charter Grades KG-8
3
/10
Young Oak Kim Academy
615 Shatto Pl
Distance between this listing and this school0.74 miles
Public District Grades 6-8
Nearby Schools
7
/10
Central City Value
221 N Westmoreland Ave
Distance between this listing and this school0.61 miles
Public Charter Grades 9-12
7
/10
Camino Nuevo High #2
3500 W Temple St
Distance between this listing and this school0.79 miles
Public Charter Grades 9-12
5
/10
RFK Community Schools - UCLA Community School
700 S Mariposa Ave
Distance between this listing and this school0.81 miles
The neighbors living near this home have an average income of $31,179. The majority of Los Angeles, CA residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 130 S Alexandria Ave
What is the listing price of this property?
The listing price of 130 S Alexandria Ave property is $11,995,000.
What type of property is this?
The property 130 S Alexandria Ave is a house located in Los Angeles, California, 90004.
Is this property for sale now?
Active Listing: 130 S Alexandria Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $154,082 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 14, 2014 for $8,375,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 130 S Alexandria Ave has 60 bedrooms and 60 bathrooms.
What is the square footage of this property?
The property 130 S Alexandria Ave is 41,181 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 130 S Alexandria Ave is 1990.
Interested in 130 S Alexandria Ave? Let's connect.
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This home is located at 130 S Alexandria Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 41,181 square foot home, which was built in 1990, sits on a 0.55 acre lot. Features: 60 bedrooms, 60 bathrooms. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $11,995,000.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.