Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

14

Building size

13,787 sqft

Lot size

8,040 sqft

Year built

2020

Stories

4

Garage spaces

14

Style

Contemporary

Heating

Central

Cooling

Central Air

Pool

None

View

Neighborhood

Status

Active

Days on market

140

MLS #

237187357

About this property

Modern 14-Unit Apartment Complex | Built 2020 | Prime Koreatown Location An exceptional opportunity to acquire a newer construction multifamily asset in the heart of Los Angeles. Located at 178 Alexandria Avenue, Los Angeles, CA 90004, this well-maintained 14-unit apartment complex, built in 2020, offers an ideal blend of modern design, strong unit mix, and long-term investment stability. The property features a desirable unit composition of four (4) spacious 2-bedroom, 2-bath units and ten (10) 1-bedroom, 1.5-bath units, thoughtfully designed to attract today's renters. All units offer contemporary layouts with modern finishes, maximizing tenant appeal and rental potential. The building includes a secure attached garage with 14 on-site parking spaces, a rare and highly sought-after amenity in this central Los Angeles location. Constructed with newer systems and infrastructure, the property benefits from strong operational efficiency. Situated near Koreatown, Downtown Los Angeles, and major transit corridors, the location provides excellent access to employment centers, dining, shopping, and entertainment, supporting consistent tenant demand. This turnkey asset presents an outstanding opportunity for investors seeking a newer construction multifamily property with upside potential in one of Los Angeles most dynamic rental markets.

Location

178 Alexandria Avenue

Los Angeles, Los Angeles, CA, 90004