$6,998,000
-$252,000178 Alexandria Avenue, Los Angeles CA 90004
Multi-Family (14 Units)
Property type
144 days
On market
$508
Price per sqft
14 cars
Garage
2020
Year built
8,040 sqft
Lot size
Home highlights
Open Houses
Overview
Modern 14-Unit Apartment Complex | Built 2020 | Prime Koreatown Location An exceptional opportunity to acquire a newer construction multifamily asset in the heart of Los Angeles. Located at 178 Alexandria Avenue, Los Angeles, CA 90004, this well-maintained 14-unit apartment complex, built in 2020, offers an ideal blend of modern design, strong unit mix, and long-term...
Listing provided by: Raffi Soualian DRE #01887303 818-246-1099, JohnHart Real Estate
Listing updated: Jun 1, 2026 at 04:45pm.
Last checked: Jun 5, 2026 at 08:01am
Source: CRMLS #GD26007787
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | 1 | $2,700 | $2,700 | $0 | Unfurnished |
| 1 | 2 | 2 | 1 | $2,700 | $2,700 | $0 | Unfurnished |
| 1 | 2 | 2 | 1 | $2,700 | $2,700 | $0 | Unfurnished |
| 1 | 2 | 2 | 1 | $2,700 | $2,700 | $0 | Unfurnished |
| 1 | 1 | 2 | 1 | $2,450 | $2,450 | $0 | Unfurnished |
| 1 | 1 | 2 | 1 | $2,500 | $2,500 | $0 | Unfurnished |
| 1 | 1 | 2 | 1 | $925 | $925 | $0 | Unfurnished |
| 1 | 1 | 2 | 1 | $2,625 | $2,625 | $0 | Unfurnished |
| 1 | 1 | 2 | 1 | $2,500 | $2,500 | $0 | Unfurnished |
| 2 | 1 | 2 | 1 | $2,500 | $2,500 | $0 | Unfurnished |
| 1 | 1 | 2 | 1 | $2,500 | $2,500 | $0 | Unfurnished |
| 1 | 1 | 2 | 1 | $2,750 | $2,750 | $0 | Unfurnished |
| 1 | 1 | 2 | 1 | $2,650 | $2,650 | $0 | Unfurnished |
# of Buildings: 1
# of Units Total: 14
Separate Electric Meters: 14
Separate Gas Meters: 14
Separate Water Meters: 1
Dishwasher: 14
Rent Control: No
Units Leased: 11
Total Actual Rent: $32,586
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
17.7x
List Price / Annual Gross Rent
Cap Rate
3.57%
NOI / List Price
Gross Scheduled Income: $396,446
Vacancy Allowance: $0
Vacancy Allowance Rate: 0%
Operating Expense: $146,817
Net Operating Income: $249,629
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $11,186
Maintenance: $10,388
Professional Management: $0
Supplies: $0
Trash: $0
Water / Sewer: $26,420
Other Expense: $4,860
Interior
Interior Features: Elevator, Quartz Counters, Recessed Lighting
Flooring: Laminate, Tile
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Gas Oven
Laundry: Laundry Closet
Entry Location: 1
Exterior
Architectural Style: Contemporary
Property Attached: Yes
Stories Total: 4
Window Features: Double Pane Windows
Property Condition: Updated Remodeled, Turnkey
Common Walls: Two Common Walls Or More
Security Features: Security System
Lot Features: Eleven To Fifteen Units Acre
Pool: None
Fencing: None
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
View: Neighborhood
Garage and Parking
Garage Spaces: 14
Parking Total: 14
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5518012038
Additional Parcels: No
Tax Lot: X
Zoning: LAR3
Community
Senior Community: No
Community Features: Street Lights, Suburban, Sidewalks
Nearby Schools
Nearby schools around the 178 Alexandria Avenue, Los Angeles, CA 90004. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$5,598,400
Total Interest
$7,140,451
Total Payment
$12,738,851
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$42,825
per month
Property History for 178 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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