1123 N Alexandria, Los Angeles, California 90029, Los Angeles, 90029 - 0 bed, 0 bath
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1123 N Alexandria
Los Angeles, California 90029
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,178Sq Ft
6,540Lot Size
Property Price
LIST PRICE$1,750,000
EST. MARKET VALUE
$1,637,953
6% AboveMARKET VALUE
SUMMARY
This triplex presents a Strong Value Opportunity with a List Price of $1,750,000—positioned well above the $1,637,954 Fair Market Value by -6%. Built in 1995, this Residential Income asset offers a Fair Condition Rating, providing a stable foundation for value-add updates. With an existing business tenant, it serves as a turnkey income stream in a high-demand area. This property is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking immediate cash flow and long-term appreciation potential in Los Angeles.
Estimated Market Value
$1,637,953
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1123 N Alexandria Subject | $1,750,000* List Price | 0 | 0 | 3,178 | $515 | - |
A 1115 N Madison Active | $1,370,000 List Price | 0 | 0 | 3,416 | $401 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1995, the property is approximately 29 years old, placing it in the Fair category (>20 years). As a triplex occupied by a business tenant with no mention of recent renovations, the kitchens, bathrooms, and systems are likely dated and will require minor repairs or cosmetic updates to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Income Stream
The property is currently occupied by a business tenant, providing investors with immediate rental income and a turnkey opportunity from day one.
- Modern Construction
Built in 1995, this triplex is significantly newer than the typical multi-family inventory in the area, likely offering better structural integrity and lower maintenance requirements.
- Prime Investment Location
Located in the high-demand Hollywood Hills East area and situated within walking distance of multiple schools, the property is well-positioned for long-term appreciation and low vacancy rates.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3178, other record living area = 3488.
- Recently Sold Property
The property was recently sold within the past year on 2025-08-22. The sold price is $300,000.00.
- Restricted Accessibility
The requirement for appointment-only showings and the 'do not disturb tenant' mandate may complicate the initial viewing process and slow down buyer due diligence.
About 1123 N Alexandria
Welcome to our beautiful building featuring 3 units, 7 bedrooms, and approximately 3,488 square feet of living space. This is an outstanding investment opportunity with a business tenant currently occupying the property, providing immediate income potential. Please do not disturb the tenant. All showings are by appointment only and must be scheduled through the listing agent. Buyers are encouraged to perform their own due diligence. Contact the listing agent for additional information and showing instructions.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1995
- Lot Size
- 6,540 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ramona Elementary School
Grades K-6 • 0.0 mi
3/10
Kingsley Elementary School
Grades K-5 • 0.2 mi
5/10
Lexington Avenue Primary Center
Grades K-2 • 0.6 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,178 | 2,187.451 |
| Lot Size | 6,540 | 5,841.385 |
| Price | $1.75M | $841.5K |
| Price per sq ft | $551 | $385 |
| Built year | 1995 | 1928 |
| HOA | $0 | $0 |
| Days on market | 41 | 85 |
Pricing History
Listed for Sale
Jul 30, 2026
$1,750,000
Initial Listing
Sold
Aug 22, 2025
$300,000
Public Record
Sold
Jul 17, 2014
$20,000
Public Record
Sold
Jun 8, 2004
$765,000
Public Record
Sold
Dec 28, 2001
$280,000
Public Record
Sold
Jan 30, 1996
$130,000
Public Record