5 months on rocket

130 S Alexandria Ave, Los Angeles, CA, 90004

$11,995,000

60 Bedrooms
60 Baths
41,181 SqFt
$291/SqFt
House

Location

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Property Highlights

Home TypeOther
ParkingControlled Entrance, Private
Year Built1990
HeatingCentral
CoolingCentral Air
MLS #24403099
Lot Size0.55 Acres
StatusActive

About 130 S Alexandria Ave

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.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

130 S Alexandria Ave vs Los Angeles

159 DAYS ON ROCKET

+121 Days

$11,995,000

+$10.9M More

$291/SqFt

-$350 Less

KEY TAKEAWAY

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

IDX 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

Jan 14, 2014Home Sold
$8,375,000
May 28, 1999Home Sold
$1,508,000
Aug 02, 1989Home Sold
$198,000
Aug 02, 1989Home Sold
$198,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$59.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$36K

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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.

Nearby Schools

school-card-donut-830094
6
/10
  • Frank Del Olmo Elementary School

  • 100 N New Hampshire Ave

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-830095
6
/10
  • Cahuenga Elementary School

  • 220 S Hobart Blvd

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-830096
6
/10
  • Alexandria Elementary School

  • 4211 Oakwood Ave

  • 0.44 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90004130 S Alexandria Ave

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.

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