David Bramante sold 523 North Alexandria Avenue. This turnkey multi-residential apartment 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 two-bedroom/one-bathroom unit. The buildings are stucco, two-story and comprised of 3,686 rentable square feet, and are situated on a large lot comprised of 7,579 square feet.

With newer paint and well manicured landscaping, this late 1940's construction shows very well compared to other multi-family properties in the vicinity.

NOTE: Property profile shows use as Nursing Home though the Seller has used the property as Multi-Family without issues with the City or Lenders for numerous years. Please email with questions.

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.

Koreatown is well known for high property values and rent amounts because of the dense tenant population and high traffic in the immediate area. This is an excellent opportunity for an investor to purchase an entry level investment yielding strong returns.