801 N Alexandria Ave , Los Angeles, CA 90029
$1,799,000
Est. Payment: $9,084.42/mo
9 Bed
4 Bath
3896 Sqft
Status: active | Days on site: 46
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House Description

"A stabilized, fully renovated Hollywood cash-flow asset with low maintenance, immediate tax advantages, and premium tenant appeal. "This is a VERY strong 1031 exchange product if marketed correctly. THIS PROPERTY CHECKS ALL THE BOXES: Fully remodeled Stable income Market rents Low maintenance Washer/dryer in units Strong Hollywood location Potential vacant delivery Turn-key asset1031 exchange friendly Attractive tenant profile REAL story. PERFECT BUYERS: 1031 exchange buyers Passive income buyers Small multifamily investors "Doctor/lawyer" investors First-time apartment buyers "A fully renovated, low-maintenance Hollywood multifamily asset requiring minimal capital expenditure. "THE BEST ANGLE = LOW HEADACHE Most investors today: DO NOT want renovation This is what current investors want: stable income easy management no deferred maintenance THIS property fits PERFECTLY. Fully Renovated Hollywood Fourplex Turn-Key 1031 Exchange Opportunity 801 N Alexandria Ave presents a rare opportunity to acquire a fully renovated and stabilized Spanish-style fourplex in one of Los Angeles' most desirable rental submarkets. Located just blocks from Los Angeles City College (LACC), this turn-key asset offers strong in-place income, low maintenance ownership, and excellent long-term investment fundamentals. The property consists of four upgraded residential units featuring: Modern kitchens with quartz countertops Soft-close cabinetry Hansgrohe fixtures Stainless steel appliances Recessed lighting with dimmers Updated bathrooms with Kohler fixtures Hardwood-style flooring In-unit washer & dryers Ductless AC & heating systems New dual-pane windows New exterior paint Iron security features Water-efficient landscaping The property is currently 100% leased at market rental rates, providing immediate stable cash flow. Additionally, the front 2-bedroom / 1-bath unit at 801 N Alexandria may potentially be delivered vacant at close, creating flexibility for owner occupancy or rental repositioning. Investors appreciate: Low-maintenance operation Minimal deferred maintenance Strong tenant demand Hollywood rental market exposure Potential tax depreciation benefits Ideal 1031 exchange replacement opportunity Located near Hollywood, Koreatown, Silver Lake, Downtown Los Angeles, and major employment centers, the property benefits from one of the strongest renter-driven markets in Los Angeles. Buyer to verify all information and potential vacancy delivery. PRICE IT AS "TURN-KEY PREMIUM" Letting ALL KNOW, WHAT IS IS NOT!! This is NOT a fixer. old fourplexes deferred maintenance buildings headache assets "No renovation needed." That saves investors: -time -money -stress. modern kitchenswasher/dryerlighting Spanish exterior "100% leased" "market rents" "Fully renovated Hollywood fourplex with stable cash flow and almost ZERO maintenance" THE PSYCHOLOGY: Most investors right now are scared of: construction costspermitsvacancies This Property solves ALL 3. MAIN HEADLINE: "Turn-Key Hollywood Fourplex Stable Cash Flow + Low Maintenance + 1031 Exchange Ready""Rare combination of renovation quality, stable income, and operational simplicity." "One of the few truly turn-key fourplexes currently available in Hollywood."LOW HEADACHE OWNERSHIP EQUAL TO MOST EXTREMELY valuable in Los Angeles today Real Estate Market.

Highlights

Listed by Max Lee , 213-434-2433 Real Broker , 619-663-8680. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1924

County

Los Angeles

Area

C20 - Hollywood

Listing ID

26849395

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:4
  • Full Bathrooms:0
Appliances:Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Air Cond:Central Air,Dual
Fireplaces:
Other:Ceiling Fan(s)

Exterior Features

Lot:No Land Lease
Garage Capacity:4
Zoning:LARD2
Others:2+ Total Units
Parking Features:Assigned
Principal Interest
$9,084
Taxes
$1,147

Home Price

$1,799,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$359,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,084.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,084.42 $1,146.86 $0.00 $10,231.28
Yearly $109,013.07 $13,762.35 $0.00 $122,775.42
Total $3,270,391.96 $412,870.50 $0.00 $3,683,262.46

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-08-10T06:36:58.000Z

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