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8 Beds
8 Baths
4,228 sqft

$1,795,000

244 S Alexandria Avenue, Los Angeles CA, 90004

Price per sqft$424.55
Built in1923
Property size4,228 sqft
Property typeResidential
Listed by Toni Nan Xiong CA DRE# 01462918 with Exp Commercial of California, Inc. 310-883-4882

Overview

Active

Listed Jun 27, 2026

Updated Aug 28

Price greatly improved! Exceptional Koreatown fourplex offering large unit layouts, strong long-term investment potential, and approximately $150,000 in recent capital improvements. Built in 1923, the property features 4,228 SF of living space on an approximately 8,500 SF lot, comprised of four spacious 2-bedroom, 2-bathroom units averaging approximately 1,057 SF each. One unit will be delivered vacant, presenting an excellent opportunity for an owner-user or immediate rental upside.The oversized lot offers potential for future ADU or redevelopment opportunities (Buyer to verify). Parking includes two detached two-car garages, covered parking, and additional storage units, with recent improvements to the garage doors and lighting.Approximately $150,000 has been invested over the past four years, including new electrical systems in all four units, a new roof on both the main building and garage, full copper repipe from the meter to the units, new ABS plumbing beneath the building, foundation repairs, completed termite work, and new dishwashers and in-unit washer/dryers. These significant capital improvements help minimize future maintenance costs while providing added value and peace of mind for the next owner. A rare opportunity to acquire a well-maintained, character-rich multifamily asset with substantial recent upgrades, attractive unit sizes, parking, and long-term value-add potential in one of Los Angeles' most sought-after rental markets.

$11,942/mo

Est. mortgage payment based on a $1,795,000 home price.

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

Additional information

MLS® ID
26853139

Interior Features

Bedrooms
8
Bathrooms
8
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.2 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Toni Nan Xiong CA DRE# 01462918 with Exp Commercial of California, Inc. 310-883-4882

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/28/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/28/2026 at 12:41 AM UTC Last Checked: 12:41 AM UTC

 

 

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