500 N Alexandria Avenue, Los Angeles, CA 90004
List Price: $1.52M
Listing Status: Active
0Days on Market: 180
8 Bedrooms · 7 Bathrooms · 4,608 sq ft
Property Type: ResidentialIncome
Year Built: 1923
Lot Size: 4,557 sq ft
Garage Spaces: 4
MLS Number: 26669749
About This Property
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.
Listing provided by: Roderick 'Rick' Raymundo DRE #01357019 818-212-2700 Rick.Raymundo@MarcusMillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: 26669749
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.