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130 N Alexandria Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:CENTURY 21 Coastal Properties
130 N Alexandria Avenue,Los Angeles, CA 90004
$10,500,000
  • 54 Beds
  • 54 Baths
  • 36,012 sq. ft.
  • Multi-family
  • Active
Listed by: neema ahadian
Office: marcus & millichap310-909-5500
MLS#:26773631
Source:CRMLS

Price summary

  • Price:$10,500,000
  • Price per sq. ft.:$291.57

About this home

We are pleased to present The Orleans Apartments, a 54-unit investment opportunity in prime Koreatown just east of Normandie Ave and south of Beverly Blvd. The subject property features an ideal unit mix of 54 one-bedrooms with 57 subterranean parking spaces; four units will be delivered vacant at the close of escrow. This is a value-add opportunity with 21% rental upside achievable as units turn; units are well-maintained but can be enhanced to capture premium rents with a renovation program including luxury vinyl plank flooring, stainless steel appliances, custom cabinetry and countertops, smoothed ceilings and light fixtures, and HVAC; exterior upgrades could include paint and common area upgrades; third floor units have balconies and all appliances are electric. At the asking price, the property is being offered at $292 PSF and$194,444 per unit. There are two laundry rooms on the third and fourth floors, each with three washers and three dryers leased with Wash. Rare opportunity...

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Home facts

  • Year built:1971
  • Listing ID #:26773631
  • Added:58 day(s) ago
  • Updated:June 18, 2026 at 10:32 AM

Rooms and interior

  • Bedrooms:54
  • Total bathrooms:54
  • Living area:36,012 sq. ft.

Structure and exterior

  • Year built:1971
  • Building area:36,012 sq. ft.
  • Lot area:0.55 Acres

Finances and disclosures

  • Price:$10,500,000
  • Price per sq. ft.:$291.57

Parking

  • Total parking spaces:57
  • Parking description:Underground
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Coastal Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Coastal Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Jennette Toderick

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