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1554 Alexandria Avenue
Los Angeles, CA 90027
Sold
1554 Alexandria Avenue
Los Angeles, CA 90027
Sold
Introducing, for the first time in over 50 years, an incredible opportunity to acquire this prime Income/Development Opportunity of two (2) contiguous lots! Excellent location in the heart of Los Angeles just North of Sunset Blvd and South of the Griffith Observatory. 12 Mid-Century units on Alexandria Avenue exude old Hollywood charm. In a rapidly gentrifying area adjacent to Los Feliz, 1554 and 1556 are remarkable Value-Add properties at 50% occupancy. Rarely are two contiguous lots with 101 foot street frontage and prime 2-parcel assemblage available at this price! Centrally sited only minutes from Hollywood, the Silverlake Reservoir, the Greek Theatre, exceptional hiking, retail, and dining. Each unit, either 1 or 2 bedrooms, can be found in identical, side-by-side properties. Two 5,279 sqft. buildings combine for 10,558 sqft. of living. One 6,834 sqft. lot (1554) and another 6,902 sqft. lot (1556) combine for a lot size of 13,736 sqft. With 6-units in each building, this 1955 product is great for 1031 Exchange Buyers, developers or investors.
PROPERTY INFORMATION
| MLS # | 24348319 | Lot Size | 13,736 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 4,500,000
Price Per SqFt: $ 426 |
DOM | 475 Days |
| Address | 1554 Alexandria Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 10,558 Sq. Ft. |
| Postal Code | 90027 | Garage | N/A |
| County | Los Angeles | Year Built | 1955 |
| Bed / Bath | 18 / 0 | Parking | 12 |
| Built In | 1955 | Status | Closed |
| Sold Date | 2024-03-11 |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
EXTERIOR FEATURES
WALKSCORE
Walk Score: 91 (Walker's Paradise)
Transit Score: 72 (Excellent Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $4,800
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 01/16/2024 | Listed | $4,500,000 |
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Listing provided courtesy of Steven Medina, Hilton & Hyland. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
