Los Angeles, CA

$4,000,000

313 N Alexandria Avenue, Los Angeles, CA

Beds

Baths

10,037

Sq Ft

1989

Built

Days listed

About this home

313 N Alexandria Ave is a well-maintained 9-unit multifamily investment opportunity located in Mid-Wilshire, bordering Silver Lake and Koreatown, one of Los Angeles' strongest rental corridors. Offering a 4.24% cap rate and fully occupied with responsible tenants provide stable in-place income. Built in 1989, the 10,037 sf building consists of five 3bd+2ba units and four 2bd+ 1ba units, offering highly desirable floor plans that support strong tenant demand and long-term rental stability. The property includes copper plumbing and is well maintained, with several updated units featuring laminate flooring, renovated bathrooms, and newer wall A/C units. Additional amenities include 16 parking spaces and an on-site community laundry room, offering an additional source of income. Because the building was built in 1989, it is not subject to LA City rent control but is subject to California's statewide rent cap, providing owners with the ability to adjust rents annually CPI + 5% or up to 10%. This asset offers immediate cash flow with long-term upside potential through rental growth in a high-demand, centrally located infill market.Ideally situated in a prime rental corridor, the property offers convenient access to Echo Park, Downtown Los Angeles, Koreatown, Silver Lake, dining, entertainment, and nearby Metro subway stations and public transportation.

Facts & features

Interior

Bedrooms: 23
Bathrooms: 0 full, 0 half
Living area: 10,037 sq ft
Heating: Wall Furnace
Cooling: Dual
Levels: Three Or More

Exterior & lot

Lot size: 0.189 acres (8,245 sq ft)
Year built: 1989
Parking: Assigned, Controlled Entrance, Garage, Tandem
Parking spaces: 16

Community

Area: C 17 - Mid-Wilshire
County: Los Angeles

Listing details

Status: Active
Property type: Residential Income
Days on market: 16
Listed: 2026-06-29
Parcel #: 5520024003
MLS #: 26852873

Listed by

Johnny Cho · Keller Williams Realty Los Feliz

213-819-1043 JohnnyCho@kw.comDRE #01394690

Location

Price history

Listed: $4,000,000 · 2026-06-29
Days on market: 16
Current price: $4,000,000

Financing

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Estimated monthly payment

$25,093

$20,226 principal & interest · $4,867 taxes & insurance

Down payment (20%)

$800,000

Est. rate (%)

Estimate only

Term (years)

Loan $3,200,000

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Listing data provided by CRMLS

Listing courtesy of Keller Williams Realty Los Feliz. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.