LOCALLA

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For Sale

$1,799,000

9 beds · 4 baths · 3,896 sqft

801 Alexandria Ave Los Angeles CA 90029

Residential Income

Built 1924

N/A

$462/sqft

No HOA

N/A

What's Special

4 Parking SpacesGarbage disposalRangeOvenRefrigeratorDishwasherCeiling fan

"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.

Days On Market: 40

Listing updated: September 21, 2026 at 04:56 PM

Listed by: Max Lee DRE #01905008, Real Broker

Hellomaxlee@gmail.com

Source: CLAW    MLS#: 26871773

Features & Facts

Interior

  • Bedrooms: 9
  • Bathrooms: 4
  • Square Feet: 3896
  • Year Built: 1924

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MLS

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW) as of 9/22/2026, 11:53:00 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Tony O'Brien DRE #02200838 | The Sher Group DRE #02022464

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