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329 N Alexandria Avenue

Los Angeles (City), CA 90004
  • $1,979,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 25517031
UPDATED: 61 min ago
$1,979,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Ginger Orsi of Compass (323-593-6999) and Manya Aghakian of Compass(323-593-6999)


Description

329 N Alexandria Ave is a uniquely charming 8-unit Spanish bungalow-style property in the heart of East Hollywood. Built in the 1920s, this one-of-a-kind gem features four standalone bungalows with private yards and a fourplex, all situated on an 8,254 SF lot. The unit mix includes three two-bedroom / two-bath units, three one-bedrooms, and two studios. Four units have been thoughtfully remodeled with modern upgrades including: stylish kitchens with stainless steel appliances, mini-split HVAC systems, in unit washer dryer, updated plumbing and electrical, and a foundation retrofit. While four long-term tenant units offer excellent future value-add potential. Perched on a hill, the property boasts sweeping views of Silver Lake and Downtown LA, along with a peaceful courtyard and low-water landscaping. Parking is provided for five units, and the on-site garage offers potential for ADU conversion with the possibility to add up to eight additional units to the property (buyer to verify). Moments from Griffith Park, Echo Park Lake, and LA's top attractions, 329 N Alexandria Ave is a rare investment where classic LA character meets modern upside.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-17T16:31:34.95. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/162205066
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329 N Alexandria Avenue Los Angeles (City), CA 90004

  • Price: $1,979,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 61 min ago
  • MLS #: 25517031
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1923
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
329 N Alexandria Ave is a uniquely charming 8-unit Spanish bungalow-style property in the heart of East Hollywood. Built in the 1920s, this one-of-a-kind gem features four standalone bungalows with private yards and a fourplex, all situated on an 8,254 SF lot. The unit mix includes three two-bedroom / two-bath units, three one-bedrooms, and two studios. Four units have been thoughtfully remodeled with modern upgrades including: stylish kitchens with stainless steel appliances, mini-split HVAC systems, in unit washer dryer, updated plumbing and electrical, and a foundation retrofit. While four long-term tenant units offer excellent future value-add potential. Perched on a hill, the property boasts sweeping views of Silver Lake and Downtown LA, along with a peaceful courtyard and low-water landscaping. Parking is provided for five units, and the on-site garage offers potential for ADU conversion with the possibility to add up to eight additional units to the property (buyer to verify). Moments from Griffith Park, Echo Park Lake, and LA's top attractions, 329 N Alexandria Ave is a rare investment where classic LA character meets modern upside.
Exterior Features

Construction Materials Frame Lot Features Front YardGarden Parking Total 5 Roof ClayFlat Tile

Interior Features

Cooling YN Yes Heating Forced AirWall Furnace Heating YN Yes

Property Features

Association Fee 0 Building Name Las Escaleras Cap Rate 5.6 Community Features Gated Gross Scheduled Income 160909 Lease Assignable YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 110559 Security Features Gated Community Special Listing Conditions Standard Tax Year 2026 Utilities Cable AvailableElectricity Available Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-17T16:31:34.95. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
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Listing Agent(s): Ginger Orsi of Compass (323-593-6999) and Manya Aghakian of Compass(323-593-6999)