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178 N Alexandria Ave, Los Angeles, CA 90004
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178 N Alexandria Ave Los Angeles, CA 90004

$7,000,000 Sold Price as of 05/18/2022
  • 18 Beds
  • 28 Baths
  • 14,316 Sq.Ft.
Sold
$7,000,000 Sold Price as of 05/18/2022 Refinance Your Mortgage
Map preview of 178 N Alexandria Ave, Los Angeles, CA 90004

Property Overview: 178 N Alexandria Ave Los Angeles, CA has 18 bedrooms, 28 bathrooms, 14,316 living square feet and 8,040 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ST Realty Inc is pleased to present the opportunity to acquire a brand new, none rent-controlled 14 unit apartment building in Koreatown. Built in 2020, The Property, located at 178 N Alexandria, offers a great unit mix with 1 bed room 1.5 bath townhomes and 2 bedroom flats. .The property offers large spacious units with an average square footage of 850 SF. It also includes in unit washer & dryer, stainless steel appliances, two-tone cabinetry, quartz countertops, stylish flooring, mobile-friendly thermostats, Central A/C, and heat, reserved parking and a beautiful sky deck for the residents. The Property is centrally located and a short distance from the World Famous Hollywood Walk of Fame, Paramount Studios, Netflix, Koreatown, Larchmont Downtown and the Hollywood Bowl. Buyer must assume a $4M Fannie Mae loan at 3.58% rate.

Listed by Paul Schon | BRE #01847860 | ST Realty, Inc
Last checked: 37 seconds ago | Last updated: May 20th, 2022 | Source CRMLS | DOM: 111

Home details

Lot Sq. Ft
8,040
HOA Dues
$0/mo
Year built
2020
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22121753
City
Los Angeles
County
Los Angeles
Time on Site
967 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,680
  • Total Rent: $23,800
  • Pro Forma/Market Rent: $24,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $710
  • Total Rent: $710
  • Pro Forma/Market Rent: $710
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,820
  • Total Rent: $12,000
  • Pro Forma/Market Rent: $11,295
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.2
  • Gross Scheduled Income: --
  • Net Operating Income: $280,000
  • Gross Operating Income: $429,660
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 178 N Alexandria Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 14
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 14
  • Parcel Number: 5518012038
  • Architectural Style: Contemporary
Location / Neighborhood
Location Information
  • Directions: google maps
View more facts & features

Local Los Angeles Agent

Sale History for 178 N Alexandria Ave

Last sold for $7,000,000 on May 18th, 2022

  • May, 2022

  • May 18, 2022

    Date

    Sold

    CRMLS: 22121753

    $7,000,000

    Price

  • Jan 25, 2022

    Date

    Active

    CRMLS: 22121753

    $7,000,000

    Price

  • September, 2021

  • Sep 27, 2021

    Date

    Price Change

    CRMLS: 19512324

    $2,600

    Price

  • Feb 9, 2021

    Date

    Price Change

    CRMLS: 19512324

    $2,700

    Price

  • Apr 27, 2020

    Date

    Price Change

    CRMLS: 19512324

    $2,474

    Price

  • Sep 18, 2019

    Date

    Active

    CRMLS: 19512324

    $2,475

    Price

  • Listing provided courtesy of CRMLS

    Proud to Introduce STG@180 Alexandria, a brand new, signature boutique property with a unique architectural Design in a great part of Los Angeles. Each town home unit features in-unit washer and dryer, stainless steel appliances, two-tone cabinetry, quartz counter-tops, stylish flooring, mobile friendly thermostats, Central A/C and Heat, and reserved parking. These brand-new apartments are a short walk/drive away from World Famous Hollywood Walk of Fame, Paramount Pictures, Melrose, Koreatown, Larchmont and the Hollywood Bowl.The concessions are broken in to the monthly price

  • December, 2016

  • Dec 28, 2016

    Date

    Sold (Public Records)

    Public Records

    $883,500

    Price

  • September, 2016

  • Sep 28, 2016

    Date

    Sold

    CRMLS: 316008098

    $877,000

    Price

  • Sep 2, 2016

    Date

    Price Change

    CRMLS: 316008098

    $685,000

    Price

  • Listing provided courtesy of CRMLS

    Older 3 bedroom, 1 bath home with large living room, dining area, kitchen and laundry room. House is in need of a lot of work.

  • September, 2016

  • Sep 23, 2016

    Date

    Sold (Public Records)

    Public Records

    $877,000

    Price

Show More

Tax History for 178 N Alexandria Ave

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $1,199,165 -- --

Home Value Compared to the Market

This property vs the competition

178 N Alexandria Ave sold on May 18, 2022 for 525% 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 $488.96 per/sqft which puts the price per square foot 32.46% lower than the current median sale per square foot for the city of Los Angeles.

About 178 N Alexandria Ave

Detailed summary of property

178 N Alexandria Ave is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 18 bedrooms, 28 bathrooms, roughly 14,316 living square feet, and sits on an approximately 8,040 square foot lot. 178 N Alexandria Ave was first listed on ArdentRealEstateGroup.com on January 26, 2022. The homeowner sold the property for $7,000,000. 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 525% higher than the current median priced home. Local homes that are currently for sale include 1534 S Shenandoah St, 8926 Sawyer St and 1904 S Robertson Blvd. While the average home in Los Angeles, CA is selling in 106 days, 178 N Alexandria Ave has a days on market of 111 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 178 N Alexandria Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 178 N Alexandria Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
8,040
Stories
--
Type
Multi-Family-Vacant Land
Pool
No
Spa
No
County
Los Angeles
Lot#
X
APN
5518-012-038

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
79
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

Thinking of Selling?

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(714) 706-1823

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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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