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$12380000   Price Analysis
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130 N Alexandria Ave
Los Angeles, CA 90004
54 bed 54 bath 36012 SqFt ($343/SqFt)
0.55 acre lot. Built 1971
Listed 2024-07-19, Taxes $80386
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

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 elevat or, 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 stves, dishwashers, radiant heat and wall units for cooling. Select units offer a private balcony.


Presented by Priscilla Nee at
CB Richard Ellis, Inc.


Property MLS #24-416557 from TheMLSCLAW

Bedrooms: 54

Total Bathrooms: 54
Full Bathrooms: 54

Electric
Laundry Facilities: Community
Laundry Features: Community

Cooling Features: Wall Unit(s)
Heating Features: Radiant

Flooring: Laminate

Covered Spaces: 57
Garage Description: Subterranean

Patio And Porch Features: Balcony
Patio Features: Balcony

Lot Size Acres: 0.5511478
Lot Size Source: Assessor
Lot Size Square Feet: 24008

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 54
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 110700

Tenant Pays: Electric
Vacancy Allowance: 27145

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.08
Directions: Located just south of Beverly Boulevard, between Western Avenue and Vermont Avenue, and north of 3rd Street.
Other Expense: 95960
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Owner Pays: Gardener, Gas, Water
Parcel Number: 5518-012-036
Postal Code Plus 4: 4550
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$3894761 + $2586188
$6480949
$80386
2021$3818394 + $2535479
$6353873
$79248
2020$3779242 + $2509481
$6288723
$79992
2019$3705140 + $2460276
$6165416
$76916
2018$3355972 + $2117732
$5473704
$69455
2017$3290169 + $2076208
$5366377
$67957
2016$3225656 + $2035499
$5261155
$66100
2015$3177204 + $2004924
$5182128
$65205
2014$3114967 + $1965651
$5080618
$65747
2013$3453349 + $1936875
$5390224
$69813
2012$1222358 + $408062
$1630420
$24505
2010$1198391 + $400061
$1598452
$24270
2009$1313619 + $1000182
$2313801
$32252
2009$1189435 + $397072
$1586507
$32252
2008$1168884 + $390212
$1559096
$22567
2007$1145965 + $382561
$1528526
$21725

Listed 2024-07-19
$12380000
TheMLSCLAW
Sold 2018-01-02
$6831000
Public Record
Sold 2012-01-03
$3318000
Public Record
Sold 1980-03-12
$248500
Public Record

Net Operating Income: 504928

Total Square Feet Living: 36012
Year Built: 1971
Building Exterior Type: Frame, Stucco, Wood
Entry Location: Ground Level w/steps
Levels: Three Or More Levels
Living Area Source: Assessor
Property Age: 53
Roof: Flat
Year Built Source: Assessor

Other Equipment: Dishwasher

Frank Del Olmo Elementary School is a public elementary school located approximately 0.3 miles away.
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Virgil Middle School is a public middle school located approximately 0.4 miles away.
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Belmont Senior High School is a public high school located approximately 2.2 miles away.
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Beverly Christian Academy, Inc. is a private elementary school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.