130 North Alexandria Avenue

Los Angeles, CA 90004

$11,380,000
Price
54
Beds
54
Baths
36,012 Sq. Ft.
$316 / Sq. Ft.
36,012
Sq. Ft.
$316
per Sq. Ft.

Description

Since 2020, nearly 1/3 of the units have turned over naturally without any relocation assistance. 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 elevator, 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...Since 2020, nearly 1/3 of the units have turned over naturally without any relocation assistance. 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 elevator, 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 stoves, dishwashers, radiant heat, and wall units for cooling. Select units offer a private balcony.
  1. Listed by Priscilla Nee • DRE #01435254 • Brokerage DRE #00868409 • CB Richard Ellis, Inc.
  2. Listed by Adam Peterson • DRE #01815802 • Brokerage DRE #00868409 • CB Richard Ellis, Inc.

Property Details for 130 North Alexandria Avenue

Zoning
LAR3
Parcel Number
5518012036
Total Units
54.0
Living Area
36012
Source Living Area
Assessor
Area
Mid-Wilshire (C17)
Vacancy Rate
3
Lot Size Area
24008
LISTING UPDATED: 11/20/2024 10:34 AM

Property Details for 130 North Alexandria Avenue

StatusActive
MLS #24-416557
Days on Market156
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.55 AC / 24,008 SF
CountyLos Angeles County

Building Information for 130 North Alexandria Avenue

Stories-Residences-Year Built1971Building Size-Lot Size0.55 AC / 24,008 SF

Property Information for 130 North Alexandria Avenue

Community / Development
Community / Development
  • Number Of Units: 54
  • Professional Management: 27047.0
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Multifamily
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $901,554
  • Net Operating Income: $539,233.00
  • Gross Income: $921,437
  • Cap Rate: 4.74%
  • Gross Rent Multiplier: $12.35
  • Vacancy Allow Dollar: $27,181.00
  • Owner Pays: Gardener, Gas, Water, Move In Fee
  • Total Annual Expense: 362322
  • Trash Expense: $24,138.00
  • Other Expense: $95,960.00
  • Expense Pest: $780.00
  • Tax Expense: $141,094
  • Gardener Expense: $3,000
  • Expense Licenses: $4,416.00
  • Insurance Expense: $18,787
  • Management Expense: $12,000.00
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 24008
Parking Details
Parking Details
  • Parking Garage: Subterranean
  • Total Parking: 0
  • Covered Parking: 57
  • Parking Features: Subterranean
Interior Features
Interior Features
  • Levels: Three Or More
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Wall Unit(s)
  • Heating: Radiant
  • Heating Type: Radiant
  • Flooring: Laminate
  • Equipment: Dishwasher
  • Cooking Appliances: Electric
  • Laundry: Community
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Flat
  • Patio Features: Balcony
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Construction Materials: Frame, Stucco, Wood Siding
  • Exterior Construction: Frame, Stucco, Wood Siding
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-18-2024
  • Tenant Pays: Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $14,212.00
  • Unit Actual Rent: $76,786.00
  • Unit Projected Rent: $118,800.00
  • Like Units: 54
Unit Details
  • Unit Type Type: 2106

Property History for 130 North Alexandria Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 130 North Alexandria Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Frank Del Olmo Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Academic Leadership Community School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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130 North Alexandria Avenue is a multi-family home for sale in Los Angeles, CA 90004. This property was listed for sale on July 18, 2024 by CB Richard Ellis, Inc., it's currently listed at $11,380,000. It has been on the market for a total of 156 days and was last sold on May 28, 1999. This listing's school district is Los Angeles Unified School District. Nearby schools include Frank Del Olmo Elementary School, Virgil Middle School and Contreras Learning Center-School Of Social Justice. 130 North Alexandria Avenue is a 54-bed, 54-bath, 36,012 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CB Richard Ellis, Inc., Priscilla Nee, DRE #01435254; CB Richard Ellis, Inc., Adam Peterson, DRE #01815802

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.