1834 N Alexandria Avenue, Los Angeles, California 90027, Los Angeles, 90027 - bed, bath

1834 N Alexandria Avenue, Los Angeles, California 90027 home-pic-0
ACTIVE UNDER CONTRACT$2,100,000
1834 N Alexandria Avenue, Los Angeles, California 90027
0Bed
0Bath
3,461Sqft
7,309Lot
Year Built
1921
Close
-
List price
$2.1M
Original List price
$2.35M
Price/Sqft
$607
HOA
-
Days on market
-
Sold On
-
MLS number
SR25049634
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.10M(86th), sqft - 3461(86th), beds - undefined(43th), baths - undefined(43th).

This beautifully remodeled four-unit property offers an incredible opportunity for investors and homeowners alike. Whether you choose to live in one unit while renting out the others or lease all four for maximum income potential, this property is a rare find in one of Los Angeles’ most sought-after neighborhoods. The main house showcases a spacious open-concept layout with high ceilings and elegant marble-like flooring throughout. A newly installed gas fireplace adds a touch of warmth and sophistication, while the European-style central air conditioning ensures comfort in every season. The modern chef’s kitchen is designed with sleek semi-gloss cabinetry and stunning quartz countertops, blending style and functionality seamlessly. This home features four generously sized bedrooms and two well-appointed bathrooms, offering plenty of space for comfortable living. Beyond the main house, the expansive backyard provides the perfect setting for outdoor entertaining or quiet relaxation. The large lot also offers ample parking, a highly desirable feature in this bustling Hollywood location. In addition to the main residence, the property includes three detached and fully remodeled rental units, each thoughtfully updated to provide modern and stylish living spaces. The first unit is a spacious four-bedroom, two-bathroom home, while the second unit consists of two rooms and one bathroom. The remaining two units each feature one bedroom and one bathroom, catering to a variety of rental needs. An extra-long driveway ensures secure parking for all residents, making this property even more appealing in a neighborhood where parking is often a challenge. Located just moments from Hollywood’s vibrant entertainment scene, world-class dining, and major attractions, this property is a rare opportunity to own a high-income rental investment in an unbeatable location.

Price History

Date
Event
Price
08/05/25
$2,100,000
03/06/25
$2,350,000
Condition Rating
Excellent

Despite being built in 1921, the property has undergone extensive and recent remodeling across all four units, as explicitly stated in the description and visually confirmed by the images. The main house features a modern chef's kitchen with sleek cabinetry, quartz countertops, and stainless steel appliances, along with marble-like flooring, recessed lighting, and European-style central air conditioning. The additional units also appear fully updated with modern finishes, including new flooring, cabinets, and fixtures. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance, aligning perfectly with the 'excellent' criteria for a fully renovated property.
Pros & Cons

Pros

High-Income Rental Potential: This four-unit property is explicitly positioned as a 'high-income rental investment,' offering flexibility for investors to live in one unit and rent out the others, or lease all four for maximum income potential.
Prime Los Angeles Location: Situated in 'one of Los Angeles’ most sought-after neighborhoods' and 'bustling Hollywood location,' the property offers an 'unbeatable location' moments from vibrant entertainment, world-class dining, and major attractions.
Extensive Remodeling & Modern Amenities: Both the main house and the three detached units have been 'beautifully remodeled' and 'fully remodeled,' featuring modern chef’s kitchens, high ceilings, marble-like flooring, gas fireplace, and European-style central air conditioning in the main house.
Ample & Secure Parking: A significant advantage in Hollywood, the property boasts a 'large lot' with 'ample parking' and an 'extra-long driveway' ensuring secure parking for all residents, addressing a common challenge in the area.
Versatile Investment Opportunity: The property caters to both owner-occupant investors and pure investors, allowing the buyer to 'live in one unit while renting out the others or lease all four,' providing diverse strategies for return on investment.

Cons

Age of Property: Built in 1921, despite extensive remodeling, the underlying infrastructure of an older property may present unforeseen maintenance challenges or require more significant capital expenditures over time compared to newer constructions.
Significant Price Reduction: The property's list price has been reduced from an original $2,350,000 to $2,100,000, which could indicate initial overpricing or market resistance, potentially raising questions for prospective buyers regarding its true market value.
Management Complexity: Operating a four-unit residential income property with varying unit configurations (4/2, 2/1, 1/1, 1/1) requires substantial landlord experience and ongoing management effort for tenant relations, maintenance coordination, and lease administration.

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