CASHFLOW - Excellent CAP Rate, GRM and Price per Unit~~~ best available on the market and on actual income. This well-maintained turnkey apartment building investment consists of nine units located in the highly desirable Koreatown neighborhood of Los Angeles. The unit mix is eight single/one-bathroom units and one three-bedroom/two-bathroom unit in front. 523 North Alexandria Avenue is situated just south of the 101 Freeway and is southeast of the Melrose and Normandie intersection. Additionally, this investment is minutes from Hollywood, Los Feliz, Silver Lake and Downtown Los Angeles. Highly desirable Koreatown location, on the border of Hollywood. 5 tenants are section 8 - guaranteed income from HACLA.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
