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
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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 $278/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: 11/23/2024, 3:20:51 AM 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.
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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
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. Most Los Angeles, CA residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
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.
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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.
In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of listings 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.
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. 
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