244 S Alexandria Avenue, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
244 S Alexandria Avenue,Los Angeles, CA 90004
$1,795,000
- 8 Beds
- - Baths
- 4,228 sq. ft.
- Multi-family
- Active
Listed by: toni nan xiong
Office: exp commercial of california, inc.
MLS#:CL26853139
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,795,000
- Price per sq. ft.:$424.55
About this home
Price greatly improved! Exceptional Koreatown fourplex offering large unit layouts, strong long-term investment potential, and approximately $150,000 in recent capital improvements. Built in 1923, the property features 4,228 SF of living space on an approximately 8,500 SF lot, comprised of four spacious 2-bedroom, 2-bathroom units averaging approximately 1,057 SF each. One unit will be delivered vacant, presenting an excellent opportunity for an owner-user or immediate rental upside.The oversized lot offers potential for future ADU or redevelopment opportunities (Buyer to verify). Parking includes two detached two-car garages, covered parking, and additional storage units, with recent improvements to the garage doors and lighting.Approximately $150,000 has been invested over the past four years, including new electrical systems in all four units, a new roof on both the main building and garage, full copper repipe from the meter to the units, new ABS plumbing beneath the building, foundation repairs, completed termite work, and new dishwashers and in-unit washer/dryers. These significant capital improvements help minimize future maintenance costs while providing added value and peace of mind for the next owner. A rare opportunity to acquire a well-maintained, character-rich multifamily asset with substantial recent upgrades, attractive unit sizes, parking, and long-term value-add potential in one of Los Angeles' most sought-after rental markets....
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Home facts
- Year built:1923
- Listing ID #:CL26853139
- Added:90 day(s) ago
- Updated:September 28, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:8
- Living area:4,228 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1923
- Building area:4,228 sq. ft.
- Lot area:0.2 Acres
Finances and disclosures
- Price:$1,795,000
- Price per sq. ft.:$424.55
Features and amenities
- Laundry features:Dryer
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