847 N Alexandria Ave, Los Angeles, CA 90029
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847 N Alexandria Ave Los Angeles, CA 90029

$2,387,300 Sold Price as of 05/20/2021
  • 12 Beds
  • 6 Baths
  • 8,648 Sq.Ft.
Sold
$2,387,300 Sold Price as of 05/20/2021 Refinance Your Mortgage

Map preview of 847 N Alexandria Ave, Los Angeles, CA 90029

Property Overview: 847 N Alexandria Ave Los Angeles, CA has 12 bedrooms, 6 bathrooms, 8,648 living square feet and 10,242 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well maintained 6 Unit apartment building located in the heart of Hollywood with an amazing 4.91 CAP & 14.35 GRM. Each unit is an extremely large Townhouse styled 2BD+1.5BA approximately 1,441 sf each. The building features all copper plumbing, newer(2015) roof, 7 car covered garages, and garden like common area in the back. The units feature gorgeous original hardwood flooring, washer/dryer hookups, spacious living rooms & bedrooms, walk-in kitchen pantry, formal dining area, and ample storage spaces throughout the units. This fantastic Hollywood location is central to all Los Angeles has to offer. One unit to be delivered vacant at close of escrow.

Listed by David Lee Ruest | BRE #02045144 | Compass
Co-listed by Johnny Cho | BRE #01394690 | Compass
Last checked: 10 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 73

Home details

Lot Sq. Ft
10,242
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21688886
City
Los Angeles
County
Los Angeles
Time on Site
1183 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,975
  • Total Rent: $2,975
  • Pro Forma/Market Rent: $2,975
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,975
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,637
  • Total Rent: $1,637
  • Pro Forma/Market Rent: $2,975
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,888
  • Total Rent: $2,888
  • Pro Forma/Market Rent: $2,975
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,645
  • Total Rent: $1,645
  • Pro Forma/Market Rent: $2,975
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,975
  • Total Rent: $2,975
  • Pro Forma/Market Rent: $2,975
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.35
  • Gross Scheduled Income: --
  • Net Operating Income: $127,699
  • Gross Operating Income: $181,116
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 847 N Alexandria Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
Property Information
  • Total # of Units: 6
  • Parcel Number: 5538006028
Location / Neighborhood
Location Information
  • Directions: North of Melrose, West of Vermont.
View more facts & features

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Sale History for 847 N Alexandria Ave

Last sold for $2,387,300 on May 20th, 2021
  • May, 2021

  • May 21, 2021

    Date

    Sold

    CRMLS: 21688886

    $2,387,300

    Price

  • Apr 29, 2021

    Date

    Pending

    CRMLS: 21688886

    $2,599,000

    Price

  • Apr 18, 2021

    Date

    Hold

    CRMLS: 21688886

    $2,599,000

    Price

  • Feb 3, 2021

    Date

    Active

    CRMLS: 21688886

    $2,599,000

    Price

  • May, 2021

  • May 15, 2021

    Date

    Canceled

    CRMLS: 21725330

    $2,975

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of Hollywood, spacious 2-story townhouse style apartment with modern amenities combined with Old World Charm. Beautiful hardwood flooring flows throughout. The kitchen features a formal dining area, new quartz counter tops, new farmhouse stainless steel sink, new flooring, new refrigerator, new stove, spacious walk in pantry, and stacked laundry located near pantry. Upstairs you will find 2 generous sized bedrooms with walk in closets and vanity. In the back there is a grassy common area and one car covered parking. There is a back door in addition to the front door that gives easy access from the parking garage. This is definitely one of the best apartments on the market for space, value, and location.

  • November, 2020

  • Nov 4, 2020

    Date

    Leased

    CRMLS: P1-1654

    $2,975

    Price

  • Oct 22, 2020

    Date

    Pending

    CRMLS: P1-1654

    $2,975

    Price

  • Oct 5, 2020

    Date

    Active

    CRMLS: P1-1654

    $2,975

    Price

  • Listing provided courtesy of CRMLS

    A real GEM with great bones: 1930's Hollywood two story apartment, with all the charm. Gorgeous hardwood floors throughout. In the kitchen new quartz composite counter tops, along with wonderful new farmhouse stainless steel sink. New flooring, New refrigerator, stove and stacking washer and dryer. Large walk in pantry. Upstairs two very good-sized bedrooms each with their own newly installed window air conditioner and ceiling fan. Walk in closets with vanity. New blinds and curtains. Newly redone bath with new tile floor, tub w subway tile, sink; fresh and clean a sheer delight. Outside lovely grassy area to be shared in common for all tenants. One car, open garage with landing. (in addition, an Annual preferred parking permit may be purchased with the city for 34.00 for street parking). This is a must-see unit. End unit, the unit runs the entire length so there is a front and backdoor which is just a few steps from the garage. Surely one of the nicest apartments on the market. Square Footage approximately 1,400 sq. ft. 15 minutes to DTLA, Freeway close. MUST SEE Due to Corona Virus guidelines there will be no Open Houses. You may view this unit by contacting me or have your Realtor contact me. Corona Virus 19 Guidelines will be presented and signed and an appointment to view scheduled.

  • October, 2020

  • Oct 26, 2020

    Date

    Leased

    CRMLS: P1-1039

    $2,975

    Price

  • Oct 22, 2020

    Date

    Pending

    CRMLS: P1-1039

    $2,975

    Price

  • Sep 21, 2020

    Date

    Price Change

    CRMLS: P1-1039

    $2,975

    Price

  • Sep 1, 2020

    Date

    Active

    CRMLS: P1-1039

    $3,275

    Price

  • Listing provided courtesy of CRMLS

    A real GEM with great bones: 1930's Hollywood two story apartment, with all the charm. Gorgeous hardwood floors throughout. In the kitchen new quartz composite counter tops, along with wonderful new farmhouse stainless steel sink. New flooring, New refrigerator, stove and stacking washer and dryer. Large walk in pantry. Upstairs two very good-sized bedrooms each with their own newly installed window air conditioner and ceiling fan. Walk in closets with vanity. New blinds and curtains. Newly redone bath with new tile floor, tub w subway tile, sink; fresh and clean a sheer delight. Outside lovely grassy area to be shared in common for all tenants. One car, open garage with landing. (in addition, an Annual preferred parking permit may be purchased with the city for 34.00 for street parking). This is a must-see unit. End unit, the unit runs the entire length so there is a front and backdoor which is just a few steps from the garage. Surely one of the nicest apartments on the market. Square Footage approximately 1,400 sq. ft. 15 minutes to DTLA, Freeway close. MUST SEEDue to Corona Virus guidelines there will be no Open Houses. You may view this unit by contacting me or have your Realtor contact me. Corona Virus 19 Guidelines will be presented and signed and an appointment to view scheduled.

  • May, 2018

  • May 13, 2018

    Date

    Leased

    CRMLS: P0-818000527

    $3,000

    Price

  • Feb 5, 2018

    Date

    Active

    CRMLS: P0-818000527

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Undoubtedly one of nicest units for rent on the market. Old world charm, BUT with brand new bathrooms. Tub, sinks toilets and floors and all freshly painted throughout. Beautiful refinished hardwood floors. New Stove New Refrigerator, Stack-able Washer Dryer in unit back porch. Good size rooms new flooring in kitchen. LED lighting throughout. New AC window units in bedrooms. Walk-in closets. Extra large pantry. View down to DTLA, Freeway close. One car garage. Centrally located to all that, makes L.A so great.Red Line a couple of blocks away. OH and it is PET FRIENDLY Something quite special MUST SEE!!!

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Tax History for 847 N Alexandria Ave

Assessed Value (2020): $1,616,628
Year Land Value Improved Value Assessed Value
2020 $796,599 $820,029 $1,616,628

Home Value Compared to the Market

This property vs the competition

847 N Alexandria Ave sold on May 20, 2021 for 118.4% 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 $300.53 per/sqft which puts the price per square foot 60.19% lower than the current median sale per square foot for the city of Los Angeles.

About 847 N Alexandria Ave

Detailed summary of property

847 N Alexandria Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 8,648 living square feet, and sits on an approximately 10,242 square foot lot. 847 N Alexandria Ave was first listed on ArdentRealEstateGroup.com on February 4, 2021. The homeowner sold the property for $2,387,300. 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 118.4% higher than the current median priced home. Local homes that are currently for sale include 1425 N Normandie Ave, 5345 La Mirada Ave and 251 N Kenmore Ave. While the average home in Los Angeles, CA is selling in 96 days, 847 N Alexandria Ave has a days on market of 73 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. For more information on this home for sale at 847 N Alexandria Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 847 N Alexandria Ave

Public county record property details
Beds
12
Baths
12
Year built
1931
Sq. Ft.
8,648
Lot Size
10,241
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
97,98
APN
5538-006-028

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$802
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
33
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 847 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.