1301 N Alexandria Avenue, Los Angeles, CA 90027
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1301 N Alexandria Avenue,Los Angeles, CA 90027
$1,500,000
- 0.16 Acres
- Lots / Land
- Active
Listed by: benjamin lee, sean namigohar
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26997241
Source:CRMLS
Price summary
- Price:$1,500,000
About this home
We are pleased to present 1301 N Alexandria Avenue, a 51-unit workforce housing development opportunity in East Hollywood. The site sits on a 7,067 square foot corner lot at Alexandria and Fountain Avenues, just south of Sunset Boulevard and moments from Los Feliz and Silver Lake. The property is currently demolished and will be delivered ready-to-issue (RTI), allowing a buyer to break ground immediately. The approved plans call for a highly efficient five-story, 62-foot building constructed entirely of Type III-A wood-frame construction, with no podium and no parking structure. The fully sprinklered R-2 building totals approximately 19,530 square feet and delivers 48 one-bedroom units, two two-bedroom units, and one studio, complemented by a 2,075 square foot rooftop common deck and private balconies on select units. The project is designed for working professionals: nurses, technicians, administrative staff, and service workers who want to live near their jobs at rents they can sustain. Efficient one-bedroom floor plans match this renter base, and eliminating on-site parking allows the building to devote its entire footprint to housing. The site is less than one mile from Kaiser Permanente Los Angeles Medical Center on Sunset Boulevard, the flagship of Kaiser's Southern California system and one of the largest employment centers in Los Angeles. The campus employs more than 7,100 staff and 974 physicians, operates approximately 560 hospital beds, and runs one of the largest cardiac surgery programs in the western United States. Together with Children's Hospital Los Angeles and Hollywood Presbyterian along the same corridor, the area generates deep, steady demand from healthcare workers seeking housing within walking distance or a short commute. Renters can walk to work, ride the Metro B Line, or rely on the dense network of neighborhood retail along Sunset and Vermont. Updated affordable rent schedules effective July 1, 2026 set maximum allowable rents well above the surrounding submarket for efficient one-bedroom units. This allows units to lease at today's market rents from day one, with meaningful room for rent growth before reaching covenant limits. For buyers seeking additional yield, voucher participation offers further upside. HACLA payment standards are set by bedroom count and continue to support voucher holders moving into well-located neighborhoods near major employment centers....
Contact an agent
Home facts
- Listing ID #:26997241
- Added:1 day(s) ago
- Updated:October 08, 2026 at 11:26 AM
Structure and exterior
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,500,000
New listings near 1301 N Alexandria Avenue
- Coming SoonOpen Sat, 2 to 4pm
$2,298,000Coming Soon4 beds 3 baths2,749 sq. ft.7905 W 80th, Playa Del Rey, CA 90293
MLS# PW26218511Listed by: COMPASS - Coming Soon
Listed by BHGRE$874,900Coming Soon3 beds 2 baths1,215 sq. ft.20342 Hartland Street, Canoga Park, CA 91306
MLS# 226004783Listed by: BETTER HOMES AND GARDENS REAL ESTATE TOWN CENTER - Coming Soon
$599,000Coming Soon2 beds 1 baths1,408 sq. ft.1215 W 59th Street, Los Angeles, CA 90044
MLS# 26996949Listed by: XPERT HOME REALTY - Coming Soon
$895,000Coming Soon3 beds 2 baths1,438 sq. ft.1351 N Crescent Heights #308, Los Angeles, CA 90046
MLS# GD26217207Listed by: ARCHETYPE REAL ESTATE GROUP IN - Coming Soon
$729,000Coming Soon2 beds 2 baths1,196 sq. ft.1055 S Serrano Avenue #403, Los Angeles, CA 90006
MLS# PW26218184Listed by: 1VISION REAL ESTATE - Coming Soon
$799,900Coming Soon3 beds 2 baths1,460 sq. ft.18851 Braemore, Porter Ranch, CA 91326
MLS# SR26218550Listed by: MONTELEONE REAL ESTATE,INC - Coming Soon
$4,250,000Coming Soon2 beds 3 baths2,011 sq. ft.1821 Sunset Plaza Drive, Los Angeles, CA 90069
MLS# 26996563Listed by: DOUGLAS ELLIMAN OF CALIFORNIA, INC. - Coming Soon
$1,049,000Coming Soon5 beds 2 baths1,573 sq. ft.8881 Morehart Avenue, Sun Valley, CA 91352
MLS# GD26218180Listed by: THE ART IN REAL ESTATE - Coming SoonOpen Sat, 2 to 4pm
$750,000Coming Soon4 beds 3 baths2,433 sq. ft.14900 Wolfskill, San Fernando, CA 91345
MLS# SR26202237Listed by: PARK REGENCY REALTY - Coming Soon
$2,599,000Coming Soon3 beds 3 baths2,531 sq. ft.1132 Chantilly Road, Los Angeles, CA 90077
MLS# 26997169Listed by: DOUGLAS ELLIMAN