328 N Alexandria Ave Los Angeles, CA 90004

$1,285,000 Sold Price as of 08/22/2019

4 Beds
8 Baths
3,833 Sq.Ft.

Off Market

$1,285,000 Sold Price as of 08/22/2019 Refinance Your Mortgage

Map preview of 328 N Alexandria Ave, Los Angeles, CA 90004

Property Overview: 328 N Alexandria Ave Los Angeles, CA has 4 bedrooms, 8 bathrooms, 3,833 living square feet and 6,899 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

328 N Alexandria Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $245,000 for the down payment and will need roughly $24,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 328 N Alexandria Ave

Last sold for $1,285,000 on August 22nd, 2019

May, 2022
May 26, 2022

Date

Expired

CRMLS: 22155505

$1,750,000

Price
May 11, 2022

Date

Active

CRMLS: 22155505

$1,750,000

Price
Listing provided courtesy of CRMLS

REASONABLE SELLER WANTS TO SEE ALL AND ALL OFFERS. incredible opportunity to acquire this property on Alexandria. This great property is Located in the dense rental submarket of Koreatown, the lot size is 6,900 square feet, it is zoned R3-1 and is in a Tier 3 TOC. The current building consists of eight units offering 4 one-bedroom units and 4 single units. This is an ideal property for an investor/builder to either add value or redevelop the property. There are 8 parkings in the back. This property is located in one of the most diverse neighborhoods in all of Los Angeles offering a large concentration of nightclubs, restaurants and long standing businesses in the country, Koreatown has a high demand for apartment units and it's located between West Hollywood and Downtown Los Angeles.

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May, 2022
May 18, 2022

Date

Canceled

CRMLS: 22133119

$1,995,000

Price
Mar 3, 2022

Date

Active

CRMLS: 22133119

$1,995,000

Price
Listing provided courtesy of CRMLS

This great property is Located in the dense rental submarket of Koreatown, the lot size is 6,900 square feet, it is zoned R3-1 and is in a Tier 3 TOC. The current building consists of eight units offering 4 one-bedroom units and 4 single units. This is an ideal property for an investor/builder to either add value or redevelop the property. There are 8 parkings in the back. This property is located in one of the most diverse neighborhoods in all of Los Angeles offering a large concentration of nightclubs, restaurants and long standing businesses in the country, Koreatown has a high demand for apartment units and it's located between West Hollywood and Downtown Los Angeles. Sellers want to see all offers.

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September, 2019
Sep 3, 2019

Date

Sold

CRMLS: 19472622

$1,285,000

Price
Jul 23, 2019

Date

Active Under Contract

CRMLS: 19472622

$1,350,000

Price
May 31, 2019

Date

Active

CRMLS: 19472622

$1,350,000

Price
Listing provided courtesy of CRMLS

Built in 1929, this 8-unit property located on a 6,900 SF lot is a redevelopment or value-add investment opportunity in the dense rental submarket of Koreatown. The lot is currently zoned R3-1 and is in a Tier 3 TOC. The current building consists of eight units featuring singles and one-bedrooms.As an investment deal, the offering presents an investor a value-add opportunity at a low price per unit of $168,750. With current rents below market, the pro forma CAP rate is 6.97% as units turn and market rents are achieved. Additionally, the subject property has eight total parking spaces at the rear of the property.Koreatown, located west of Downtown LA and south of Hollywood, is one of the most diverse neighborhoods in all of Los Angeles. Known for having one of the largest concentration of nightclubs, 24-hour businesses and restaurants in the country, Koreatown continues to produce high demand for apartment units.

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August, 2019
Aug 22, 2019

Date

Sold (Public Records)

Public Records

$1,285,000

Price
November, 2018
Nov 16, 2018

Date

Sold (Public Records)

Public Records

$990,000

Price

Tax History for 328 N Alexandria Ave

Assessed Value (2020): $1,285,320

Year	Land Value	Improved Value	Assessed Value
2020	$800,000	$485,320	$1,285,320

About 328 N Alexandria Ave

Detailed summary of property

328 N Alexandria Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90004 and last sold on August 22, 2019 for $1,285,000. This property has 4 bedrooms, 8 bathrooms, roughly 3,833 living square feet, and sits on an approximately 6,899 square foot lot. Homes 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 7.98% higher than the current median priced home. 328 N Alexandria Ave was last sold on August 22, 2019 for $1,285,000. Local nearby listings include 320 S Ardmore Ave #123, 345 S Alexandria Ave #219 and 345 S Alexandria Ave #121. The average home in Los Angeles, CA is selling in 96 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. If you are the homeowner and looking to sell the home at 328 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 328 N Alexandria Ave

Public county record property details

Beds: 4
Baths: 8
Year built: 1929
Sq. Ft.: 3,833
Lot Size: 6,899
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 5520-023-003

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

$1,388,000

Median List Price/Sq.Ft.

$810

Median Sold Price

$1,650,000

Median Sold Price/Sq.Ft.

$873

Total Inventory

Median Sale to List Price %

97.35%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

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