500 N Alexandria Avenue, Los Angeles, CA 90004
500 N Alexandria Avenue, Los Angeles, CA 90004
500 N Alexandria Avenue, Los Angeles, CA 90004
500 N Alexandria Avenue, Los Angeles, CA 90004
500 N Alexandria Avenue, Los Angeles, CA 90004
500 N Alexandria Avenue, Los Angeles, CA 90004
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$ 1,525,000
Est. payment | /mo

4,608 SqFt


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$ 1,525,000
Est. payment | /mo
Save

4,608 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,608 sqft

Price per Sqft $330

MLS Listing ID CL26669749

HOA Y/N No

Year Built 1923

Lot Size 4,557 Sqft

Acres 0.1

Property Sub-Type Other

Property Description

Nestled between the trendy Larchmont Village and Virgil Village neighborhoods, just north of bustling Koreatown, the property allows tenants convenient access to many of Los Angeles' most recently improved areas. Silver Lake, Sunset Junction, and Echo Park are just east of the buildings, while the high-end Los Feliz neighborhood sits north of the property. A new ADU was completed in 2025, generating a substantial income stream by attracting higher-paying tenants with its brand new finishes. Garage parking for four vehicles is another rare amenity in this dense residential neighborhood that helps attract new tenants to the building. Neither building appears on the Los Angeles Department of Building and Safety's seismic retrofit list (Buyer to verify), saving a new owner from what would otherwise be a costly capital expenditure. Residents enjoy convenient access to the 101 Freeway, while the Metro Red Line is accessible via the nearby Vermont/Beverly station. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5520009026

Bridge MLS
Listed by Roderick 'Rick' Raymundo • Marcus & Millichap

Nearby Locations

GET MORE INFORMATION

Patrick Nagel
Patrick Nagel

REALTOR® | Lic# 1760790

+1(925) 895-5324

1451 Leimert Blvd, Oakland, CA, 94602

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500 N Alexandria Avenue