Property Details
About this Property
Fantastic investment opportunity located in one of the most desirable pockets of Hollywood. This unique property consists of two large units totaling over 3,000 square feet in the character-rich main building, originally constructed in 1922, along with a detached one-bedroom house built in 1947. Positioned on a sloped lot, the property offers Pick-a-boo views of the surrounding city and skyline. The location is exceptionally convenient—just minutes from major thoroughfares, freeway access, and downtown Los Angeles—making it highly attractive to future tenants or end-users alike. The property may need some fixing as current ownership has lived on the property for over 30 Years. With pro forma figures showing a GRM around 10x and a projected CAP rate of approximately 6.7%, the financial potential here is significant. Additionally, the property includes a three-car garage with excellent ADU conversion potential, creating an opportunity to increase returns even further. Some updates are needed, but the solid structure, generous unit sizes, and unbeatable location provide a strong foundation for long-term appreciation and income. A rare find in today's market—ideal for investors, owner-users, or developers seeking value-add upside in a prime Hollywood location.
MLS Listing Information
MLS #
CRGD25175188
MLS Source
California Regional MLS
Interior Features
Appliances
Other
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 3 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 0 | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
519 N Alexandria Ave is a Triplex in Los Angeles, CA 90004. This – square foot property sits on a 7,607 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,100,000 and was built in 1922. This address can also be written as 519 N Alexandria Ave, Los Angeles, CA 90004.
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This listing information is up-to-date as of December 12, 2025. For the most current information, please contact Carlos Borraez, (818) 432-3200
