Listing provided courtesy of Marcus & Millichap- MLS# 26669749MLS Provider

500 N Alexandria AveLos Angeles, CA 90004

Multi-Family · 8 Beds · 4,608 Sq. ft. | 0.10 Acres
$1,525,000 Active

500 N Alexandria Ave Overview

Time on Site:
95 days
Visits:
0

Nestled between the trendy Larchmont Village and Virgil Village neighborhoods, just north of bustling Koreatown, the property allows tenants convenient access to many of Los Angeles' most recently improved areas. Silver Lake, Sunset Junction, and Echo Park are just east of the buildings, while the high-end Los Feliz neighborhood sits north of the property. A new ADU was completed in 2025, generating a substantial income stream by attracting higher-paying tenants with its brand new finishes. Garage parking for four vehicles is another rare amenity in this dense residential neighborhood that helps attract new tenants to the building. Neither building appears on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new owner from what would otherwise be a costly capital expenditure. Residents enjoy convenient access to the 101 Freeway, while the Metro Red Line is accessible via the nearby Vermont/Beverly station. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.

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500 N Alexandria Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,608
  • Price/Sq.ft. $331
  • Lot 0.10 Acres

Details

General

Income/Expenses

  • Gross Income: 138708
  • Net Operating Income: 84120.00

Building Information

  • Year Built: 1923

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Mid-Wilshire

Tax Information

  • Tax Assessed Value: 1706740

General Information

  • Disclosures: As Is
  • Property Type: Residential Income
  • Zoning: LAR3

Interior

Parking Information

  • Garage Spaces: 4

Beds/Baths

  • Bathrooms Total: 7.00
  • Bedrooms Total: 8

General Information

  • Cooling: Other
  • Heating: Other
  • Levels: Two
  • Living Area: 4608
  • Living Area Source: Assessor
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 4

Lot Information

  • Lot Size Acres: 0.1047
  • Lot Size Area: 4557
  • Lot Size Source: Estimated
  • Number Of Buildings: 2

General Information

  • Number Of Units Total: 7
  • Other Structures: Other

500 N Alexandria Ave Neighborhood

Community

90004 (LOS ANGELES) Demographics

35
Median Age
20,047
Population Density (per sq. mile)
41%
College Educated
$52,775
Estimated Median Income
3,781
Estimated Total Home Owners
18,747
Estimated Total Renters
17% / 83%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

500 N Alexandria Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

500 N Alexandria Ave Market Data

Based on the last 30 days in this zip code

$2,458,221
Average List Price
$935
Average Price per Square Foot
13
Properties Sold
96
Average Days on Market
270
Properties for Sale
Calculations provided by Reliance Network

500 N Alexandria Ave History

Date Event Value Agent
3/26/2026Source: CRMLS Added to Database
March 26, 2026
3/26/2026Source: TheMLS (CLAW) Added to Database
March 26, 2026
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