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For sale
  • Listed by: JohnHart Real Estate • Raffi Soualian • Contact: 818-464-5819
    Price cut: $252K (5/31)
    $6,998,000

    178 N Alexandria Ave, Los Angeles, CA 90004

    18beds
    28baths
    13,787sqft
    : 
    $46,453/mo
    Get pre-qualified
    Multi Family
    Built in 2020
    -- sqft lot
    $-- Zestimate®
    $508/sqft
    $-- HOA

    What's special

    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 investment stability. The property features a desirable unit composition of four (4) spacious 2-bedroom, 2-bath units and ten (10) 1-bedroom, 1.5-bath units, thoughtfully designed to attract today's renters. All units offer contemporary layouts with modern finishes, maximizing tenant appeal and rental potential. The building includes a secure attached garage with 14 on-site parking spaces, a rare and highly sought-after amenity in this central Los Angeles location. Constructed with newer systems and infrastructure, the property benefits from strong operational efficiency. Situated near Koreatown, Downtown Los Angeles, and major transit corridors, the location provides excellent access to employment centers, dining, shopping, and entertainment, supporting consistent tenant demand. This turnkey asset presents an outstanding opportunity for investors seeking a newer construction multifamily property with upside potential in one of Los Angeles most dynamic rental markets.
    196 days
    |
    43
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Raffi Soualian DRE #01887303 818-464-5819,

    JohnHart Real Estate

    Source: CRMLS,MLS#: GD26007787MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 18
      • Bathrooms: 28
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Gas Oven
      • Laundry: Laundry Closet
      Features
      • Elevator, Quartz Counters, Recessed Lighting
      • Flooring: Laminate, Tile
      • Windows: Double Pane Windows
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 13,787
      • Total interior livable area: 13,787 sqft

      Property

      Parking
      • Total spaces: 14
      • Parking features: Garage
      • Garage spaces: 14
      Features
      • Entry location: 1
      • Pool features: None
      • Fencing: None
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 8,040 Square Feet
      • Features: 11-15 Units/Acre
      Details
      • Parcel number: 5518012038
      • Zoning: LAR3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • Updated/Remodeled,Turnkey
      • New construction: No
      • Year built: 2020

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: Street Lights, Suburban, Sidewalks
      • Security: Security System
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $508/sqft
      • Tax assessed value: $565,000
      • Annual tax amount: $92,740
      • Date on market: 1/12/2026
      • Cumulative days on market: 196 days
      • Listing terms: Cash,Conventional
      • Tenant pays: All Utilities

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,031/mo

        Price history

        DateEventPrice
        5/31/2026Price change$6,998,000-3.5%$508/sqft
        Source: JohnHart Real Estate #GD26003773 Report a problem
        2/2/2026Price change$7,250,000-2.7%$526/sqft
        Source: JohnHart Real Estate #GD26003773 Report a problem
        1/9/2026Listed for sale$7,450,000+6.4%$540/sqft
        Source: JohnHart Real Estate #GD26003773 Report a problem
        5/19/2023Listing removed$7,000,000$508/sqft
        Source: CLAW #22-121753 Report a problem
        5/20/2022Pending sale$7,000,000$508/sqft
        Source: CLAW #22-121753 Report a problem
        1/25/2022Listed for sale$7,000,000+249900%$508/sqft
        Source: CLAW #22-121753 Report a problem
        6/26/2020Sold$2,800-99.6%
        Source: Agent Provided Report a problem
        1/16/2020Listing removed$2,475
        Source: Schon Tepler Realty, Inc #19512324 Report a problem
        12/4/2019Listed for rent$2,475
        Source: Schon Tepler Realty, Inc #19512324 Report a problem
        9/28/2016Listing removed$685,000$50/sqft
        Source: Locker Realty Corp. #316008098 Report a problem
        9/8/2016Pending sale$685,000$50/sqft
        Source: Locker Realty Corp. #316008098 Report a problem
        9/2/2016Listed for sale$685,000+317.7%$50/sqft
        Source: Locker Realty Corp. #316008098 Report a problem
        4/3/2000Sold$164,000$12/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2017-- $565,000 +165.4%
        2016$6,904 +157.2%$212,916 +1.5%
        2015$2,684 +0.7%$209,719 +2%
        2014$2,664 $205,612 +2.5%
        2012-- $200,670 +2%
        2011-- $196,736 +0.8%
        2010-- $195,266 -0.2%
        2009-- $195,731 +2%
        2008-- $191,894 +2%
        2007-- $188,132 +2%
        2006-- $184,444
        2005-- $184,444 +4%
        2004-- $177,284 +1.9%
        2003-- $174,036 +2%
        2002-- $170,625 +26.7%
        2000-- $134,638
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Koreatown

        Getting around

        87 / 100
        Very Walkable
        68 / 100
        Good Transit
        58 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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