- 5 Beds
- 3 Baths
- .17 Acres
- 49 DOM
519 Alexandria Avenue
Fantastic investment opportunity located in one of the most desirable pockets of Hollywood. This unique property consists of two large units totaling over 3,000 square feet in the character-rich main building, originally constructed in 1922, along with a detached one-bedroom house built in 1947. Positioned on a sloped lot, the property offers Pick-a-boo views of the surrounding city and skyline. The location is exceptionally convenient—just minutes from major thoroughfares, freeway access, and downtown Los Angeles—making it highly attractive to future tenants or end-users alike. The property may need some fixing as current ownership has lived on the property for over 30 Years. With pro forma figures showing a GRM around 10x and a projected CAP rate of approximately 6.7%, the financial potential here is significant. Additionally, the property includes a three-car garage with excellent ADU conversion potential, creating an opportunity to increase returns even further. Some updates are needed, but the solid structure, generous unit sizes, and unbeatable location provide a strong foundation for long-term appreciation and income. A rare find in today's market—ideal for investors, owner-users, or developers seeking value-add upside in a prime Hollywood location.
Essential Information
- MLS® #GD25175188
- Price$1,175,000
- Bedrooms5
- Bathrooms3.00
- Acres0.17
- Year Built1922
- TypeResidential Income
- Sub-TypeTriplex
- StatusActive Under Contract
Community Information
- Address519 Alexandria Avenue
- AreaC20 - Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
Amenities
- Parking Spaces3
- # of Garages3
- PoolNone
Interior
- # of Stories2
- StoriesTwo
Exterior
- Lot DescriptionRectangular Lot
Additional Information
- Date ListedAugust 6th, 2025
- Days on Market49
- ZoningLAR3
Listing Details
- AgentCarlos Borraez
- OfficeKeller Williams R. E. Services
Price Change History for 519 Alexandria Avenue, Los Angeles, (MLS® #GD25175188)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – |
Carlos Borraez, Keller Williams R. E. Services.
Based on information from California Regional Multiple Listing Service, Inc. as of September 25th, 2025 at 11:17am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.