$10,500,000
130 N Alexandria Avenue, Los Angeles CA 90004
Multi-Family (54 Units)
Property type
45 days
On market
$292
Price per sqft
N/A
Garage
1971
Year built
24,001 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Neema Ahadian DRE #01346750 310-909-5444, Marcus & Millichap
Listing updated: May 6, 2026 at 12:53am.
Last checked: Jun 5, 2026 at 03:30pm
Source: CRMLS #26773631
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 54 | 1 | 1 | — | $1,458 | $78,722 | $99,900 | Unfurnished |
# of Buildings: 1
# of Units Total: 54
Financial Snapshot
Gross Rent Multiplier
11.0x
List Price / Annual Gross Rent
Cap Rate
4.76%
NOI / List Price
Net Operating Income: $499,918
Interior
Cooling: None
Heating: None
Exterior
Stories Total: 3
Levels: Three Or More
Garage and Parking
Parking: Underground
Parking Total: 57
Lot Information
Land Lease: No
Parcel #: 5518012036
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 130 N Alexandria Avenue, Los Angeles, CA 90004. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$8,400,000
Total Interest
$10,713,737
Total Payment
$19,113,737
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$64,181
per month
Property History for 130 N Alexandria Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90004.
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