1818 N Alexandria Ave, Los Angeles, CA 90027
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1818 N Alexandria Ave Los Angeles, CA 90027

$1,350,000 Sold Price as of 04/30/2021
  • 5 Beds
  • 4 Baths
  • 3,150 Sq.Ft.
Sold
$1,350,000 Sold Price as of 04/30/2021 Refinance Your Mortgage

Map preview of 1818 N Alexandria Ave, Los Angeles, CA 90027

Property Overview: 1818 N Alexandria Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 3,150 living square feet and 7,301 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: One of a kind opportunity in beautiful Los Feliz! Surrounded by large privacy hedges, this three-unit multifamily property is perfect to live in the large front unit and rent out the two additional units or rent all three for a passive stream of income in a low vacancy area. The well-kept property features a huge unit on the ground floor with four spacious bedrooms, three bathrooms, and a studio and one-bedroom apartment upstairs. Wood floors, arched doorways, and lots of natural light stream through each living space. The building is situated on a large lot, zoned LARD 1.5 for potential expansion, and features a washroom, lots of gated parking, and an additional two-car garage. Centrally located to everything in Hollywood, Downtown, and close to beautiful outdoor activities at Griffith Park, this property has endless opportunity!

Listed by Eric Delgado | BRE #01831579 | Keller Williams Encino-Sherman Oaks
Co-listed by Dounia Zamora | BRE #01932642 | Keller Williams Silicon Beach
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 39

Home details

Lot Sq. Ft
7,301
HOA Dues
$0/mo
Year built
1920
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
SR20262065
City
Los Angeles
County
Los Angeles
Time on Site
1204 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $42,000
  • Net Operating Income: $35,000
  • Gross Operating Income: --
  • Vacancy Allowance: $2,100
Annual Expense Breakdown
  • Total Operating Expense: $7,000
  • Electric: $500
  • Gas/Fuel: $500
  • New Taxes: $16,500
  • Trash: $500
  • Insurance: $1,500
  • Water/Sewer: $2,000

Property Details for 1818 N Alexandria Ave

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • In Garage
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5589033027
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Franklin Ave. & N. Normandie Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 1818 N Alexandria Ave

Last sold for $1,350,000 on April 30th, 2021
  • May, 2021

  • May 3, 2021

    Date

    Sold

    CRMLS: SR20262065

    $1,350,000

    Price

  • Feb 12, 2021

    Date

    Pending

    CRMLS: SR20262065

    $1,350,000

    Price

  • Jan 4, 2021

    Date

    Active

    CRMLS: SR20262065

    $1,350,000

    Price

  • Dec 23, 2020

    Date

    Coming Soon

    CRMLS: SR20262065

    $1,350,000

    Price

  • December, 2020

  • Dec 30, 2020

    Date

    Canceled

    CRMLS: IV20261105

    $1,450,000

    Price

  • Dec 29, 2020

    Date

    Active

    CRMLS: IV20261105

    $1,450,000

    Price

  • Dec 22, 2020

    Date

    Coming Soon

    CRMLS: IV20261105

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2020

  • Dec 16, 2020

    Date

    Expired

    CRMLS: LG20099080

    $1,499,000

    Price

  • Jun 25, 2020

    Date

    Active

    CRMLS: LG20099080

    $1,499,000

    Price

  • Jun 11, 2020

    Date

    Coming Soon

    CRMLS: LG20099080

    $1,499,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity to own a multi-family property for owner-occupied and/or investment purposes in charming and historic Los Feliz. Zoning is LARD1.5 which offers solutions for additional housing options. Current building main (front) house offers 4 bedrooms and 3 baths, all bedrooms up, formal living room with fireplace, arched doorways, dining room and family room, Kitchen and 1.5 baths downstairs, with gated car park and a 2-car garage. There is a washroom in the garage, as well. Rental units are a 1-bedroom, 1-bath, currently occupied, and a studio, with new tenant. Proximity to all employment centers including entertainment industry, medical, Downtown LA professional buildings, Garment, Flower, and Jewelry districts, make this location a perfect fit for many buyers. Hollywood, Griffith Park, and other classic historic LA locations are nearby, as well as great schools, restaurants, and outdoors activity centers, including equestrian, and hiking trails.

  • March, 2020

  • Mar 11, 2020

    Date

    Canceled

    CRMLS: OC19085547

    $1,688,889

    Price

  • Jan 14, 2020

    Date

    Price Change

    CRMLS: OC19085547

    $1,688,889

    Price

  • Jul 29, 2019

    Date

    Price Change

    CRMLS: OC19085547

    $1,888,889

    Price

  • Apr 16, 2019

    Date

    Active

    CRMLS: OC19085547

    $2,188,000

    Price

  • Listing provided courtesy of CRMLS

    Centrally located in the heart of Hollywood, the options are endless with this value-add multi-family home. Located between Hollywood Boulevard and Franklin Avenue, within walking distance of shopping, public transit, prestigious schools and numerous employment hubs, housing in this community is highly desirable with very low vacancy rates. The spacious front home, which is currently the sellers’ primary residence, features 4 bedrooms and 3 bathrooms. The upper units (studio and one-bedroom unit) contain two long term tenants on month-to-month leases with current rents well below market value. The large lot provides ample parking and growth potential for additional units, allowing for additional revenue opportunities in this continually developing area.

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Tax History for 1818 N Alexandria Ave

Assessed Value (2020): $287,333
Year Land Value Improved Value Assessed Value
2020 $98,203 $189,130 $287,333

Home Value Compared to the Market

This property vs the competition

1818 N Alexandria Ave sold on April 30, 2021 for 13.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $428.57 per/sqft which puts the price per square foot 43.24% lower than the current median sale per square foot for the city of Los Angeles.

About 1818 N Alexandria Ave

Detailed summary of property

1818 N Alexandria Ave is a triplex that recently sold in Los Angeles, CA 90027. This triplex offered 5 bedrooms, 4 bathrooms, roughly 3,150 living square feet, and sits on an approximately 7,301 square foot lot. 1818 N Alexandria Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,350,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 13.45% higher than the current median priced home. Local homes that are currently for sale include 4101 Clayton Ave, 725 N Normandie Ave and 810 N Hobart Blvd. While the average home in Los Angeles, CA is selling in 94 days, 1818 N Alexandria Ave has a days on market of 39 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1818 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 1818 N Alexandria Ave

Public county record property details
Beds
5
Baths
5
Year built
1920
Sq. Ft.
3,150
Lot Size
7,300
Stories
--
Type
Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel
Pool
No
Spa
No
County
Los Angeles
Lot#
44
APN
5589-033-027

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
$2,399,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
84
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

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Related Resources to 1818 N Alexandria Ave

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.