327 S Alexandria Ave, Wilshire Center Koreatown, Los Angeles, CA 90020

Wilshire Center Koreatown, Los Angeles, CA 90020
Multi Family Townhouse


Bachir Oueida
  • Licensed Real Estate Salesperson
  • DRE #: 00936311
Source of Data:
Combined Los Angeles/Westside MLS
Combined Los Angeles/Westside MLS

Property Description

327 S Alexandria Avenue is a 20-Unit apartment community located in the heavily sought-after Mid-Wilshire / Koreatown rental sub-market. As a bonus, there are also 4 non-conforming Bachelor apartment units that can be converted to ADUs with relative ease. The offering allows investors to acquire a stable asset in a premier Los Angeles rental market. 327 S Alexandria Avenue consists of twenty (20) spacious one-bedroom one-bathroom units and four (4) non-conforming bachelor units. The non-conforming units have historically been operated as bachelor apartments and are at the tail-end of the ADU conversion process. The next operator will be able to complete the process and operate as a 24-unit apartment. The property consists of 15,940 SF of improvements on a 14,883 SF lot, zoned LAR4. The parking lot is subterranean and boasts 26 parking spaces in all.
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  • Interior
    15,940 Sq Ft.
  • Exterior
    .34 Acres
  • Property Type
    Multi Family Townhouse
  • Year Built
  • MLS/Listing ID
  • Days On Market
Listing Courtesy of KW Commercial Studio City, Nick Astrupgaard - 01893466 - 818-432-1580 and Rich Johns - 01432215 - 818-432-1500