130 N Alexandria Ave

5.01% CAP on current rents with 49% upside!

Since 2020, nearly 1/3 of the units have turned over naturally without any relocation assistance. Constructed in 1971 on a 24,008 square foot LAR3 double lot, The Orleans is a three-story, 54-unit multifamily property with a total building area of 36,012 square feet. The controlled-access property with intercom entry offers an elevator, two on-site laundry facilities, and 57 gated subterranean parking. The property is separately metered for electricity, the units are not serviced by gas and there is a central water heater. The Orleans boasts all one-bedroom/one-bathroom units, and offer laminate wood flooring, electric stoves, dishwashers, radiant heat, and wall units for cooling. Select units offer a private balcony.

This home located at 130 N Alexandria Ave is currently active and has been available on pardeeproperties.com for 258 days. This property is listed at $11,380,000. It has 54 beds and 54 bathrooms. The property was built in 1971. 130 N Alexandria Ave is in the Mid-Wilshire community of Los Angeles County.

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