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$ 11,380,000
Est. payment /mo
Active
130 N Alexandria Avenue Los Angeles, CA 90004
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 36,012 sqft
Price per Sqft $316
MLS Listing ID CL24416557
HOA Y/N No
Year Built 1971
Lot Size 0.551 Acres
Acres 0.55
Property Sub-Type Other
Property Description
5.01% CAP on current rents with 49% upside! Since 2020, nearly 1/3 of the units have turned over naturally without any relocation assistance. Constructed in 1971 on a 24,008 square foot LAR3 double lot, The Orleans is a three-story, 54-unit multifamily property with a total building area of 36,012 square feet. The controlled-access property with intercom entry offers an elevator, two on-site laundry facilities, and 57 gated subterranean parking. The property is separately metered for electricity, the units are not serviced by gas and there is a central water heater. The Orleans boasts all one-bedroom/one-bathroom units, and offer laminate wood flooring, electric stoves, dishwashers, radiant heat, and wall units for cooling. Select units offer a private balcony.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Radiant
Flooring Laminate
Fireplace No
Laundry Community Facility
Building
New Construction No
Others
Tax ID 5518012036
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Priscilla Nee • CB Richard Ellis, Inc.