Nestled between the trendy Larchmont Village and Virgil Village neighborhoods, just north of bustling Koreatown, the property allows tenants convenient access to many of Los Angeles’ most recently improved areas. Silver Lake, Sunset Junction, and Echo Park are just east of the buildings, while the high-end Los Feliz neighborhood sits north of the property. A new ADU was completed in 2025, generating a substantial income stream by attracting higher-paying tenants with its brand new finishes. Garage parking for four vehicles is another rare amenity in this dense residential neighborhood that helps attract new tenants to the building. Neither building appears on the Los Angeles Department of Building and Safety’s seismic retrofit list (Buyer to verify), saving a new owner from what would otherwise be a costly capital expenditure. Residents enjoy convenient access to the 101 Freeway, while the Metro Red Line is accessible via the nearby Vermont/Beverly station. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.
AGENT: Roderick ‘Rick’ Raymundo LISTING BROKERAGE: Marcus & Millichap
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 500 N Alexandria AV
Los Angeles, CA
Property Details
Price:
$1,525,000
MLS #:
26669749
Status:
Active
Beds:
8
Baths:
7
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
Mar 26, 2026
Finished Sq Ft:
4,608
Total Sq Ft:
4,608
Lot Size:
4,557 sqft / 0.10 acres (approx)
Year Built:
1923
C17 – Mid-wilshireC17midwilshire
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Schools
Interior
Levels
U
Exterior
Attached Garage YN
1
Garage Spaces
4
Parking Spots
4
Parking Total
4
Financial
Gross Operating Income
$134,547
Net Operating Income
$84,120
Map
Community
- Address500 N Alexandria AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
