1860 North Alexandria Avenue is being offered for sale for the first time in nearly 50 years. The offering is located within the Hollywood submarket, considered one of the country's world-class employment centers and offers access to an enormous and diverse set of employers. This 16-unit garden-style apartment community is situated on the southeast corner of Franklin Avenue and Alexandria Avenue within the highly coveted Los Feliz zip code of 90027. The immediate area has historically provided investors with exceptional long-term capital appreciation and wealth preservation.1860 North Alexandria Avenue, built in 1951, features an ideal unit composition of Twelve (12) One-Bedroom | One-Bathroom and Four (4) Single | One-Bathroom apartment homes surrounding a quiet gated courtyard with mature landscaping. The oversized corner parcel measures 10,494 square feet. Updated unit interiors feature original oak flooring, tiled baths and kitchens, wooden windows, refrigerator, stove, dishwasher, and abundant closets/storage. The property demonstrates genuine pride of ownership, with multiple capital improvements made, specifically new plumbing, including replacing horizontal lines and risers, which was completed in 2010. The mandatory soft-story retrofit was completed in 2019, new handrails were installed on the staircases and walkways in 2021, and gas shut-off valves were installed in 2019. Property attributes include 12 vehicle parking spaces (6 individual garages and 6 on-grade spaces), a common area laundry room, separate gas & electrical utilities, and one central hot-water tank. The offering is ideal for forward-thinking, long-term investors expecting meaningful rental growth/value appreciation in an outstanding area. 1860 North Alexandria Avenue is centrally located in the 90027 / Los Feliz area, one of LA's most stable and desirable neighborhoods. Furthermore, the subject property offers residents access to various entertainment venues, cultural destinations, and dining options within Los Feliz itself and neighboring Silver Lake, Hollywood, and DTLA.
Property Details
Property Features
Property Information:
Year Built: 1951
Stories: 2
Living Area: 9,920 SqFt
Listing Office:
Office Name: KW Commercial Studio City
Office Phone: (818) 432-1500
Listing Agent: Nick Astrupgaard
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 12
Exterior Features
Parking Information:
Parking: Covered, Uncovered
Lot Features
Lot Information:
Lot Size: 0.24 Acres
Other
Directions Information:
Directions: Excellent location in Los Feliz (90027) off Franklin Avenue.
Price Information
Listing Price Info
Price Summary:
List Price: $3,600,000
Price Per SqFt: $363/SqFt
Tax Information:
Annual Amount: $9,706
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.5M more than the Median Sold Price and $277/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: #24456523
Listing Office:
Office Name: KW Commercial Studio City
Office Phone: (818) 432-1500
Listing Agent: Nick Astrupgaard
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: 12/23/2024, 1:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$9,706
$693,148
2020
$9,450
$681,983
2019
$9,299
$668,611
2018
$14,158
$655,502
2017
$14,158
$1,068,478
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18K
Per Month
Principal & Interest
$17.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.8K
Powered By
Advertisement
NMLS#3030
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
7
/10
Los Feliz STEMM Magnet School
1740 N New Hampshire Ave
Distance between this listing and this school0.33 miles
Public Magnet Grades KG-6
7
/10
Franklin Avenue Elementary
1910 N Commonwealth Ave
Distance between this listing and this school0.76 miles
Public District Grades KG-5
3
/10
Ramona Elementary
1133 N Mariposa Ave
Distance between this listing and this school0.94 miles
Public District Grades KG-6
Nearby Schools
6
/10
Thomas Starr King Middle School
4201 Fountain Ave
Distance between this listing and this school1.17 miles
Public Magnet Grades 6-8
4
/10
Joseph Le Conte Middle School
1316 N Bronson Ave
Distance between this listing and this school1.32 miles
Public District Grades 6-8
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school2.19 miles
Public District Grades 6-8
Nearby Schools
2
/10
Helen Bernstein High School
1309 N Wilton Pl
Distance between this listing and this school1.10 miles
Public District Grades 9-12
7
/10
STEM Academy of Hollywood
1309 N Wilton Pl
Distance between this listing and this school1.10 miles
Public District Grades 9-12
3
/10
Apex Academy
1309 N Wilton Pl Fl 3
Distance between this listing and this school1.10 miles
The neighbors living near this home have an average income of $24,731. Residents of Los Angeles, CA typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1860 N Alexandria Ave
What is the listing price of this property?
The listing price of 1860 N Alexandria Ave property is $3,600,000.
What type of property is this?
The property 1860 N Alexandria Ave is a house located in Los Angeles, California, 90027.
Is this property for sale now?
Active Listing: 1860 N 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 $9,706 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1860 N Alexandria Ave has 12 bedrooms and 16 bathrooms.
What is the square footage of this property?
The property 1860 N Alexandria Ave is 9,920 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1860 N Alexandria Ave is 1951.
Interested in 1860 N Alexandria Ave? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1860 N Alexandria Ave in Los Angeles, CA and zip code 90027 in the Central LA neighborhood. This 9,920 square foot home, which was built in 1951, sits on a 0.24 acre lot. Features: 12 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $3,600,000.
Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
Music Concerts
Music Concerts
Major League Soccer (MLS)
Art Museums
H&M
Banana Republic
Bloomingdales
Chipotle
Jack In The Box
Starbucks
Volkswagen
Toyota
Audi
Rhythmic Contemporary Hits
Jazz
News