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9 Beds
4 Baths
3,896 sqft

$1,799,000

801 N Alexandria Ave, Los Angeles CA, 90029

Price per sqft$461.76
Built in1924
Property size3,896 sqft
Property typeMulti-family

Overview

Active

Listed Oct 20, 2026

Updated 2 days ago

"A stabilized, fully renovated Hollywood cash-flow asset with low maintenance, immediate tax advantages, and premium tenant appeal. "This is a VERY strong 1031 exchange product if marketed correctly. THIS PROPERTY CHECKS ALL THE BOXES: Fully remodeled Stable income Market rents Low maintenance Washer/dryer in units Strong Hollywood location Potential vacant delivery Turn-key asset1031 exchange friendly Attractive tenant profile REAL story. PERFECT BUYERS: 1031 exchange buyers Passive income buyers Small multifamily investors "Doctor/lawyer" investors First-time apartment buyers "A fully renovated, low-maintenance Hollywood multifamily asset requiring minimal capital expenditure. "THE BEST ANGLE = LOW HEADACHE Most investors today: DO NOT want renovation This is what current investors want: stable income easy management no deferred maintenance THIS property fits PERFECTLY. Fully Renovated Hollywood Fourplex Turn-Key 1031 Exchange Opportunity 801 N Alexandria Ave presents a rare opportunity to acquire a fully renovated and stabilized Spanish-style fourplex in one of Los Angeles' most desirable rental submarkets. Located just blocks from Los Angeles City College (LACC), this turn-key asset offers strong in-place income, low maintenance ownership, and excellent long-term investment fundamentals. The property consists of four upgraded residential units featuring: Modern kitchens with quartz countertops Soft-close cabinetry Hansgrohe fixtures Stainless steel appliances Recessed lighting with dimmers Updated bathrooms with Kohler fixtures Hardwood-style flooring In-unit washer & dryers Ductless AC & heating systems New dual-pane windows New exterior paint Iron security features Water-efficient landscaping The property is currently 100% leased at market rental rates, providing immediate stable cash flow. Additionally, the front 2-bedroom / 1-bath unit at 801 N Alexandria may potentially be delivered vacant at close, creating flexibility for owner occupancy or rental repositioning. Investors appreciate: Low-maintenance operation Minimal deferred maintenance Strong tenant demand Hollywood rental market exposure Potential tax depreciation benefits Ideal 1031 exchange replacement opportunity Located near Hollywood, Koreatown, Silver Lake, Downtown Los Angeles, and major employment centers, the property benefits from one of the strongest renter-driven markets in Los Angeles. Buyer to verify all information and potential vacancy delivery. PRICE IT AS "TURN-KEY PREMIUM" Letting ALL KNOW, WHAT IS IS NOT!! This is NOT a fixer. old fourplexes deferred maintenance buildings headache assets "No renovation needed." That saves investors: -time -money -stress. modern kitchens washer/dryer lighting Spanish exterior "100% leased" "market rents" "Fully renovated Hollywood fourplex with stable cash flow and almost ZERO maintenance" THE PSYCHOLOGY: Most investors right now are scared of: construction costs permits vacancies This Property solves ALL 3. MAIN HEADLINE: "Turn-Key Hollywood Fourplex Stable Cash Flow + Low Maintenance + 1031 Exchange Ready" "Rare combination of renovation quality, stable income, and operational simplicity." "One of the few truly turn-key fourplexes currently available in Hollywood. "LOW HEADACHE OWNERSHIP EQUAL TO MOST EXTREMELY valuable in Los Angeles today Real Estate Market.

$11,969/mo

Est. mortgage payment based on a $1,799,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26103554

Interior Features

Bedrooms
9
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.12 Acres

Listed by Max Lee with Real Broker
Listing Contact: 213-434-2433 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Charles Barenbrugge | CA DRE# 02055278 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/21/2026

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