3 months on rocket

563 N Alexandria Ave, Los Angeles, CA, 90004

$2,050,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
12 Baths
5,300 SqFt
$387/SqFt
House

Location

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563 N Alexandria Ave, Los Angeles$2,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingControlled Entrance, Gated
Year Built2006
HeatingCentral
CoolingCentral Air
MLS #24437927
Lot Size0.17 Acres
StatusActive

About 563 N Alexandria Ave

Prime Fourplex Investment Opportunity Near Koreatown and Hollywood! Built in 2006, this well-maintained four-unit apartment building offers stabilized income and significant upside potential. Each spacious unit features 3 bedrooms and 2.5 bathrooms, with two of the units recently remodeled to include modern upgrades. Enjoy sleek stainless steel kitchen appliances, granite countertops, and convenient in-unit laundry. The property also boasts ample parking, with a minimum of two spaces per unit. Located just minutes from the vibrant neighborhoods of Koreatown and Hollywood, this property is perfectly positioned for strong rental demand. Current rents range between $2,600 and $2,800 per unit, with room for growth. Don't miss this exceptional investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 2
  • Living Area: 5,300 SqFt

Listing Office:

  • Office Name: The Partners Real Estate
  • Office Phone: (213) 703-6486
  • Listing Agent: Mia Shin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Parking Information:

  • Parking: Controlled Entrance, Gated

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: On Alexandria Ave., between Beverly Blvd & Melrose Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,050,000
  • Price Per SqFt: $387/SqFt

Tax Information:

  • Annual Amount: $12,998
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

563 N Alexandria Ave vs Los Angeles

103 DAYS ON ROCKET

+65 Days

$2,050,000

+$1.0M More

$387/SqFt

-$253 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $253/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: #24437927

Listing Office:

  • Office Name: The Partners Real Estate
  • Office Phone: (213) 703-6486
  • Listing Agent: Mia Shin

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: 12/23/2024, 8:21:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 03, 2004Home Sold
$435,000
May 28, 2003Home Sold
$357,000
Mar 30, 1999Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,998$1,045,853
2020$12,618$1,035,130
2019$12,446$1,014,834
2018$12,184$994,936
2017$12,184$975,428

History based on county public records data.

Payment Calculator

$10.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,213

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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-1162956
6
/10

  • Alexandria Elementary School

  • 4211 Oakwood Ave

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-1162957
5
/10

  • Harvard Elementary

  • 330 N Harvard Blvd

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-1162958
7
/10

  • Dayton Heights Elementary School

  • 607 N Westmoreland Ave

  • 0.58 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,723. The majority of Los Angeles, CA residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 563 N Alexandria Ave

What is the listing price of this property?

The listing price of 563 N Alexandria Ave property is $2,050,000.

What type of property is this?

The property 563 N Alexandria Ave is a house located in Los Angeles, California, 90004.

Is this property for sale now?

Active Listing: 563 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 $12,998 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 3, 2004 for $435,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 563 N Alexandria Ave has 12 bedrooms and 12 bathrooms.

What is the square footage of this property?

The property 563 N Alexandria Ave is 5,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 563 N Alexandria Ave is 2006.

Rocket Homes›California›Los Angeles County›Los Angeles›90004›563 N Alexandria Ave

This home is located at 563 N Alexandria Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 5,300 square foot home, which was built in 2006, sits on a 0.17 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $2,050,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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