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$3,890,000   Price Analysis
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639 N Alexandria Ave
Los Angeles, CA 90004
18 bed 18 bath 8,468 SqFt ($459/SqFt)
7,605SqFt lot. Built 1991
Listed 2024-03-28
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

WOW!!!

GREAT HUGE PRICE REDUCTION $300, 000. SELLER WANT TO SELL QUICKLY. THIS APARTMENT IS SITUATED ON A CUL-DE-SEC NEAR THE INTERSECTION OF MELREOSE AVE AND NORMANDIE AVE.THIS BUILDING IS NESTLED BETWEEN THE THRIVING SUBMARKETS OF SILVER LAKE, KOREA TOWN, HOLLYWOOD AND DOWNTOWN LOS ANGELES. CONSTRUCTED 1991, THIS BUILDING FEATURES AN EXCELLENT UNIT MIX, CONTAINING EXCLUSIVELY TWO AND THREE BEDROOM APARTMENT.

THIS APARTMENT HAS BEEN THOROUGHLY RENOVATED IN THE PAST 6 YEARS, WITH UPGRADES CONTEMPORARY CUSTOM KITCHEN CABINET AND COUNTER TOPS AND CONTEMPORARY HARDWOOD AND TILE FLOORING, INCLUDE UPGRADED BATHROOM. IN ADDITION TO PROVIDING STRONG CASH FLOW. THE GATED PARKING GARAGE CONTAINS SPACE FOR 18 CARS, PROVIDING TENANTS A RATIO OF TWO PARKING SPACE PER UNIT.


Presented by Jae Sung Choi at
Ivy Realty Co.


Property MLS #24-374059 from TheMLSCLAW

Bedrooms: 18

Total Bathrooms: 18
Full Bathrooms: 18

Cooling Features: Air Conditioning
Heating Features: Wall

Lot Size Acres: 0.1745868
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7605

Garage Description: Assigned
Parking Total: 18

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 9
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 3300, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 22400

Source Listing Status: Active
County: Los Angeles
Cap Rate: 5
Directions: South of Mellose and North of Beverly bl
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Parcel Number: 5520-004-047
Postal Code Plus 4: 2180
Zoning: LAR3
Source System Name: C2C

Price Changed 2024-06-20
$3,890,000
TheMLSCLAW
Listing removed 2024-03-29
$0
TheMLSCLAW
Listed 2024-03-28
$3,690,000
TheMLSCLAW
Price Changed 2023-10-27
$3,690,000
TheMLSCLAW
Listing removed 2023-10-09
$0
TheMLSCLAW
Listed 2023-10-02
$3,990,000
TheMLSCLAW
Price Changed 2023-07-12
$3,990,000
TheMLSCLAW
Listed 2023-03-02
$4,190,000
TheMLSCLAW
Listing removed 2021-05-29
$0
TheMLSCLAW
Price Changed 2021-05-05
$4,090,000
TheMLSCLAW
Listed 2020-05-30
$4,190,000
TheMLSCLAW

Net Operating Income: 195596

Total Square Feet Living: 8468
Year Built: 1991
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 33
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Other Equipment: Range/Oven

Alexandria Avenue 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 0.7 miles away.
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Belmont Senior High School is a public high school located approximately 2.5 miles away.
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Blind Childrens Center, 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.