320 S Alexandria Avenue, Los Angeles, California 90020

Major Price Reduction $200, 000. Now Listed at $7, 800, 000. This is a rare opportunity hard to find on the current real estate market. The subject property has never been on the market for 22 years. It offers an investor an opportunity to capitalize on increasing rental rates with Market GRM 10.68. Price per unit is $260, 000 and Price per S.F is $314/S.F. The property consists of 8 2bed 2bath, 16 1bed 1bath and 6 Studios with approximate 37 sufficient parking spaces. The owner replaced most of the stoves, refrigerators and the air conditioners last year. All the units have hardwood floors/Laminate/Linoleum except 2-3 units. It has been newly painted as well.. The property has been maintained very well with modern looks and clean condition.