Search
1554 N Alexandria Ave, Los Angeles, CA 90027
Image 2 for 1554 N Alexandria Ave, Los Angeles, CA 90027
Image 3 for 1554 N Alexandria Ave, Los Angeles, CA 90027
View Photos

1554 N Alexandria Ave Los Angeles, CA 90027

$4,400,000 Sold Price as of 03/11/2024
  • 18 Beds
  • 12 Baths
  • 10,558 Sq.Ft.
Sold
$4,400,000 Sold Price as of 03/11/2024 Refinance Your Mortgage
Map preview of 1554 N Alexandria Ave, Los Angeles, CA 90027

Property Overview: 1554 N Alexandria Ave Los Angeles, CA has 18 bedrooms, 12 bathrooms, 10,558 living square feet and 13,736 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Introducing, for the first time in over 50 years, an incredible opportunity to acquire this prime Income/Development Opportunity of two (2) contiguous lots! Excellent location in the heart of Los Angeles just North of Sunset Blvd and South of the Griffith Observatory. 12 Mid-Century units on Alexandria Avenue exude old Hollywood charm. In a rapidly gentrifying area adjacent to Los Feliz, 1554 and 1556 are remarkable Value-Add properties at 50% occupancy. Rarely are two contiguous lots with 101 foot street frontage and prime 2-parcel assemblage available at this price! Centrally sited only minutes from Hollywood, the Silverlake Reservoir, the Greek Theatre, exceptional hiking, retail, and dining. Each unit, either 1 or 2 bedrooms, can be found in identical, side-by-side properties. Two 5,279 sqft. buildings combine for 10,558 sqft. of living. One 6,834 sqft. lot (1554) and another 6,902 sqft. lot (1556) combine for a lot size of 13,736 sqft. With 6-units in each building, this 1955 product is great for 1031 Exchange Buyers, developers or investors.

Listed by Steven Medina | BRE #01883878 | Hilton & Hyland
Co-listed by Christopher Mara | BRE #00886282 | Carolwood Estates
Last checked: 6 minutes ago | Last updated: March 11th, 2024 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
13,736
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24348319
City
Los Angeles
County
Los Angeles
Time on Site
246 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $3,900
  • Pro Forma/Market Rent: $14,400
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $5,345
  • Pro Forma/Market Rent: $12,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.05%
  • Gross Rent Multiplier: 14.2
  • Gross Scheduled Income: --
  • Net Operating Income: $227,168
  • Gross Operating Income: $309,096
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1554 N Alexandria Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One, Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Assigned, Covered, Detached Carport, Carport, Driveway, Driveway - Combination
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 12
  • Parcel Number: 5543006002
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Sunset Blvd. West of Vermont Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 1554 N Alexandria Ave

Last sold for $4,400,000 on March 11th, 2024

  • March, 2024

  • Mar 11, 2024

    Date

    Sold

    CRMLS: 24348319

    $4,400,000

    Price

  • Jan 15, 2024

    Date

    Active

    CRMLS: 24348319

    $4,500,000

    Price

Tax History for 1554 N Alexandria Ave

Assessed Value (2020): $156,054
Year Land Value Improved Value Assessed Value
2020 $61,849 $94,205 $156,054

Home Value Compared to the Market

This property vs the competition

1554 N Alexandria Ave sold on March 11, 2024 for 301.79% 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 $426.22 per/sqft which puts the price per square foot 41.13% lower than the current median sale per square foot for the city of Los Angeles.

About 1554 N Alexandria Ave

Detailed summary of property

1554 N Alexandria Ave is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 18 bedrooms, 12 bathrooms, roughly 10,558 living square feet, and sits on an approximately 13,736 square foot lot. 1554 N Alexandria Ave was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner sold the property for $4,400,000. 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 301.79% higher than the current median priced home. Local homes that are currently for sale include 132 S Westmoreland Ave, 161 S St Andrews Pl and 4171 W 4th St. While the average home in Los Angeles, CA is selling in 106 days, 1554 N Alexandria Ave has a days on market of 18 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1554 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 1554 N Alexandria Ave

Public county record property details
Beds
9
Baths
6
Year built
1955
Sq. Ft.
5,279
Lot Size
6,831
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5543-006-002

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
$2,488,000
Median List Price/Sq.Ft.
$943
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%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 1554 N Alexandria Ave

Nearby Homes for Sale

5200 Hollywood Blvd, Los Angeles, CA 90027
$4,350,000
8 Beds
20 Baths
12684 Sq.Ft.
5200 Hollywood Blvd
Los Angeles, CA 90027
1184 N Normandie Ave, Los Angeles, CA 90029
$3,799,000
18 Beds
23 Baths
8977 Sq.Ft.
1184 N Normandie Ave
Los Angeles, CA 90029
1542 N Hoover St, Los Angeles, CA 90027
$3,995,000
9 Beds
9 Baths
5276 Sq.Ft.
1542 N Hoover St
Los Angeles, CA 90027
724 N Kingsley Dr, Los Angeles, CA 90029
$4,195,000
26 Beds
22 Baths
9249 Sq.Ft.
724 N Kingsley Dr
Los Angeles, CA 90029
639 N Alexandria Ave, Los Angeles, CA 90004
$3,890,000
19 Beds
18 Baths
8468 Sq.Ft.
639 N Alexandria Ave
Los Angeles, CA 90004
5741 Virginia Ave, Los Angeles, CA 90038
$4,546,000
20 Beds
21 Baths
11599 Sq.Ft.
5741 Virginia Ave
Los Angeles, CA 90038
4942 Maplewood Ave, Los Angeles, CA 90004
$3,950,000
16 Beds
9 Baths
7475 Sq.Ft.
4942 Maplewood Ave
Los Angeles, CA 90004
233 N Kenmore Ave, Los Angeles, CA 90004
$4,750,000
0 Beds
30 Baths
15408 Sq.Ft.
233 N Kenmore Ave
Los Angeles, CA 90004
3421 Larissa Dr, Los Angeles, CA 90026
$4,550,000
20 Beds
10 Baths
14184 Sq.Ft.
3421 Larissa Dr
Los Angeles, CA 90026
204 N Manhattan Pl, Los Angeles, CA 90004
$4,600,000
23 Beds
21 Baths
12628 Sq.Ft.
204 N Manhattan Pl
Los Angeles, CA 90004
204 N Manhattan Pl, Los Angeles, CA 90004
$3,995,000
22 Beds
20 Baths
11555 Sq.Ft.
204 N Manhattan Pl
Los Angeles, CA 90004
2016 Vista Del Mar St, Los Angeles, CA 90068
$3,995,000
7 Beds
7 Baths
4612 Sq.Ft.
2016 Vista Del Mar St
Los Angeles, CA 90068

Recently Sold Homes Near 1554 N Alexandria Ave

1424 N Mariposa Ave, Los Angeles, CA 90027
$1,127,000 Last Sold Price
4 Beds
4 Baths
2908 Sq.Ft.
1424 N Mariposa Ave
Los Angeles, CA 90027
1406 N Alexandria Ave, Los Angeles, CA 90027
$1,245,000 Last Sold Price
3 Beds
2 Baths
2224 Sq.Ft.
1406 N Alexandria Ave
Los Angeles, CA 90027
1623 N Mariposa Ave, Los Angeles, CA 90027
$5,100,000 Last Sold Price
21 Beds
24 Baths
14232 Sq.Ft.
1623 N Mariposa Ave
Los Angeles, CA 90027
1402 N Alexandria Ave, Los Angeles, CA 90027
$1,800,000 Last Sold Price
0 Beds
0 Baths
0 Sq.Ft.
1402 N Alexandria Ave
Los Angeles, CA 90027

Related Resources to 1554 N Alexandria Ave

New Listings in 90027
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote