519 N Alexandria Avenue, Los Angeles, CA 90004
Local realty services provided by:CENTURY 21 Affiliated
519 N Alexandria Avenue,Los Angeles, CA 90004
$1,100,000
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: carlos borraez
Office: keller williams r. e. services
MLS#:GD25175188
Source:San Diego MLS via CRMLS
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Price summary
- Price:$1,100,000
About this home
Fantastic investment opportunity located in one of the most desirable pockets of Hollywood. This unique property consists of two large units totaling over 3,000 square feet in the character-rich main building, originally constructed in 1922, along with a detached one-bedroom house built in 1947. Positioned on a sloped lot, the property offers Pick-a-boo views of the surrounding city and skyline. The location is exceptionally convenientjust minutes from major thoroughfares, freeway access, and downtown Los Angelesmaking it highly attractive to future tenants or end-users alike. The property may need some fixing as current ownership has lived on the property for over 30 Years. With pro forma figures showing a GRM around 10x and a projected CAP rate of approximately 6.7%, the financial potential here is significant. Additionally, the property includes a three-car garage with excellent ADU conversion potential, creating an opportunity to increase returns even further. Some updates are needed, but the solid structure, generous unit sizes, and unbeatable location provide a strong foundation for long-term appreciation and income. A rare find in today's marketideal for investors, owner-users, or developers seeking value-add upside in a prime Hollywood location.
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Home facts
- Listing ID #:GD25175188
- Added:128 day(s) ago
- Updated:December 14, 2025 at 07:23 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
Finances and disclosures
- Price:$1,100,000
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