$4,500,000

1554 -1556 Alexandria Avenue, Los Angeles 90027

3

Beds

2

Baths

10,558

Square feet

13,736

Lot Size

12

# Of Units

Listing Agent
Steven Medina - Hilton & Hyland

Introducing, for the first time in over 50 years, an incredible opportunity to acquire this prime Income/Development Opportunity of two (2) contiguous lots! Excellent location in the heart of Los Angeles just North of Sunset Blvd and South of the Griffith Observatory. 12 Mid-Century units on Alexandria Avenue exude old Hollywood charm. In a rapidly gentrifying area adjacent to Los Feliz, 1554 and 1556 are remarkable Value-Add properties at 50% occupancy. Rarely are two contiguous lots with 101 foot street frontage and prime 2-parcel assemblage available at this price! Centrally sited only minutes from Hollywood, the Silverlake Reservoir, the Greek Theatre, exceptional hiking, retail, and dining. Each unit, either 1 or 2 bedrooms, can be found in identical, side-by-side properties. Two 5,279 sqft. buildings combine for 10,558 sqft. of living. One 6,834 sqft. lot (1554) and another 6,902 sqft. lot (1556) combine for a lot size of 13,736 sqft. With 6-units in each building, this 1955 product is great for 1031 Exchange Buyers, developers or investors.

Facts & Features

MLS® # 24348319
Price $4,500,000
Bedrooms 3
Bathrooms 2.00
Square Footage 10,558
Lot Size 13,736
Year Built 1955
Type Residential Income
Status Active Under Contract
# Of Units 12

Community Information

Address 1554 -1556 Alexandria Avenue
Area C20 - Hollywood
City Los Angeles
County Los Angeles
Zip Code 90027

Amenities

Parking Spaces 12
Parking Assigned, Covered, Carport, Detached Carport, Driveway
Garages Assigned, Covered, Carport, Detached Carport, Driveway
Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Has Basement No
Fireplace No
# of Stories 2
Stories One, Two

Additional Information

Date Listed January 15th, 2024
Days on Market 43
Zoning LARD1.5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSteven Medina
OfficeHilton & Hyland

Listing Map

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