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Listed by: Neema Ahadian (310) 909-5444 DRE #01346750 | Marcus & Millichap (310) 909-5500
$10,500,000
54 Beds
54 Baths
36,012sqft
130 N Alexandria Ave, Los Angeles, CA 90004
$10,500,000
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Multi Family
Built in 1971
$-- HOA
24,001 sqft lot
$292/sq.ft
Description
We are pleased to present The Orleans Apartments, a 54-unit investment opportunity in prime Koreatown just east of Normandie Ave and south of Beverly Blvd. The subject property features an ideal unit mix of 54 one-bedrooms with 57 subterranean parking spaces; four units will be delivered vacant at the close of escrow. This is a value-add opportunity with 21% rental upside achievable as units turn; units are well-maintained but can be enhanced to capture premium rents with a renovation program including luxury vinyl plank flooring, stainless steel appliances, custom cabinetry and countertops, smoothed ceilings and light fixtures, and HVAC; exterior upgrades could include p...
Continue Reading- Houzeo last checked: 52 minutes ago
- Listing updated: May 6, 2026 at 12:53 am
- Source: California Regional MLS-CA | MLS#: 26773631
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1971
HOA Fees
-
Finished Area
36,012 sqft
Lot Size
24,001 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26773631
MLS Status
Active
Days on Market
104
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