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1524 N Alexandria Ave, Los Angeles, CA 90027
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1524 N Alexandria Ave Los Angeles, CA 90027

$1,475,000 Sold Price as of 06/21/2023
  • 2 Beds
  • 1 Baths
  • 1,131 Sq.Ft.
Sold
$1,475,000 Sold Price as of 06/21/2023 Refinance Your Mortgage
Map preview of 1524 N Alexandria Ave, Los Angeles, CA 90027

Property Overview: 1524 N Alexandria Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 1,131 living square feet and 6,832 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property presents a unique investment opportunity with the potential to build up to four units on the lot, making it an investor's dream. Charming Craftsman-style home in the heart of Hollywood with 3 bedrooms and 1.5 bathrooms. This home seamlessly blends vintage character, offering plenty of space for relaxation and entertainment. Inside, the home boasts laminate floors throughout, providing a clean and modern feel. The spacious living room is bright and open, perfect for spending time with family and friends. The adjacent dining area is ideal for hosting dinner parties or enjoying casual meals. The kitchen is a blank canvas, ready for your personal touch, with ample space for upgrades and customization. The bedrooms are comfortable and provide ample space for rest and relaxation. Outside, the lush backyard is a private oasis, with plenty of room for outdoor entertaining or relaxation. Located just a few blocks from popular shops, restaurants, and entertainment venues, this home is the perfect place to experience all that Hollywood has to offer. Don't miss your chance to make this gem your own!

Listed by Shavarsh Alajajyan | BRE #01490112 | Equity Union
Last checked: 10 minutes ago | Last updated: June 22nd, 2023 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
6,832
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
23243289
City
Los Angeles
County
Los Angeles
Time on Site
580 days

Property Details for 1524 N Alexandria Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Family Room, Master Bathroom, Living Room
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5543006008
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: See Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 1524 N Alexandria Ave

Last sold for $1,475,000 on June 21st, 2023

  • June, 2023

  • Jun 21, 2023

    Date

    Sold

    CRMLS: 23243289

    $1,475,000

    Price

  • Feb 20, 2023

    Date

    Active

    CRMLS: 23243289

    $1,500,000

    Price

  • August, 2022

  • Aug 25, 2022

    Date

    Canceled

    CRMLS: 22166611

    $1,700,000

    Price

  • Jun 10, 2022

    Date

    Active

    CRMLS: 22166611

    $1,995,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present a development opportunity in the East Hollywood submarket located at 1524 N Alexandria Ave, which is located within walking distance to Barnsdall Art Park, Kaiser Permanente Los Angeles Medical Center, Children's Hospital Los Angeles, and Hollywood Presbyterian Medical Center. The property is located in an opportunity zone just north of Sunset Blvd and sits on a 6,832 square foot lot zoned RD1.5-1XL. An investor will be able to build four units and may be able to utilize SB 13, AB 68 and AB 881 to add one or two additional Accessory Dwelling Units to the future development. Although the zoning does include a Tier 3 TOC, an investor will not be able to utilize the bonus because the zoning will not allow for at least 5 units by-right. The property currently does not have entitlements or approved plans for development. There is currently an occupied 1,131 SF single family home being rented for $2,900/month that can provide rental income during the entitlement period, due to the high demand for rentals in the East Hollywood submarket and can help off-set some of the carrying costs that a development project will typically include. The home can also be delivered vacant, if the Buyer chooses so, but most importantly, there will not be any rent control restrictions on the redevelopment project since the home is not subject to LA Rent Stabilization Ordinance. It is also typical for 4-unit development projects have a more expedited permitting process and can potentially break ground in shorter time periods, since they are classified as residential projects.

  • October, 2009

  • Oct 15, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1524 N Alexandria Ave

Assessed Value (2020): $107,643
Year Land Value Improved Value Assessed Value
2020 $86,959 $20,684 $107,643

Home Value Compared to the Market

This property vs the competition

1524 N Alexandria Ave sold on June 21, 2023 for 33.93% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $1326.26 per/sqft which puts the price per square foot 83.19% higher than the current median sale per square foot for the city of Los Angeles.

About 1524 N Alexandria Ave

Detailed summary of property

1524 N Alexandria Ave is a single family home that recently sold in Los Angeles, CA 90027. This house offered 2 bedrooms, 1 bathrooms, roughly 1,131 living square feet, and sits on an approximately 6,832 square foot lot. 1524 N Alexandria Ave was first listed on ArdentRealEstateGroup.com on February 20, 2023. The homeowner sold the property for $1,475,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.93% higher than the current median priced home. Local homes that are currently for sale include 540 N Serrano Ave, 542 N Serrano Ave and 2024 Taft Ave. While the average home in Los Angeles, CA is selling in 105 days, 1524 N Alexandria Ave has a days on market of 56 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. For more information on this home for sale at 1524 N Alexandria Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1524 N Alexandria Ave

Public county record property details
Beds
2
Baths
1
Year built
1920
Sq. Ft.
1,131
Lot Size
6,831
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5543-006-008

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,495,000
Median List Price/Sq.Ft.
$938
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
81
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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