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1528 N Alexandria, Los Angeles, California 90027, Los Angeles, 90027 - bed, bath

1528 N Alexandria, Los Angeles, California 90027 home-pic-0
ACTIVE$1,799,999
1528 N Alexandria, Los Angeles, California 90027
0Bed
0Bath
4,130Sqft
6,834Lot
Year Built
1912
Close
-
List price
$1.8M
Original List price
$1.9M
Price/Sqft
$436
HOA
-
Days on market
-
Sold On
-
MLS number
SR25240841
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.80M(86th), sqft - 4130(86th), beds - undefined(43th), baths - undefined(43th).

**HUGE INCOME EARNING POTENTIAL** The front house has a basement which roughly measures about 1,600 sq ft that has the potential for an additional ADU (buyer to verify) which could generate additional income OR it could become an extension/basement for the front house. You have multiple options! Discover this beautifully remodeled quadplex located in one of Los Angeles’ most desirable neighborhoods — the heart of Los Feliz (90027). This versatile property offers a perfect blend of owner-user and investment opportunity with a vacant front home ready for immediate occupancy and three income-producing rear units. The front house features 5 spacious bedrooms, 1.5 baths, fresh paint, updated flooring, a laundry room, and recent roof repairs — a move-in ready home ideal for an owner-occupant or high-demand rental. The rear units are fully occupied, with each unit offering 2 bedrooms, 1 bath (1 unit), and 2 bedrooms, 2 baths (2 units) with modern updates and stable paying tenants. Location, location, location: This property is centrally located and within distance to Kaiser and Children's Hospital, Los Feliz, Griffith Park, Hollywood, and Glendale. Tenants pay all utilities, with water billed via RUBS, keeping operating costs efficient. Executed leases and estoppels are available for review. Pro-Forma Rent Roll: $12,380 Current rents with front vacant house: $6,090 Vacant Unit Market Rent: $4,595 *Disclaimer: Buyer and buyer’s agent are strongly advised to conduct their own independent investigation and due diligence to verify the accuracy of all property information, including but not limited to building records, permits, square footage, lot size, and bedroom/bathroom counts. Seller and listing broker make no representations or warranties, expressed or implied, as to the accuracy or completeness of any information provided and shall not be held liable for any misstatement, omission, or misinterpretation of facts*

Price History

Date
Event
Price
11/01/25
Price Change
$1,799,999-5.3%
10/16/25
Listing
$1,899,999
07/11/24
Sold
$992,500
04/22/03
Sold
$375,000
Condition Rating
Good
Despite being built in 1912, the property has undergone a beautiful and extensive remodel, as stated in the description and evidenced by the images. The kitchen features modern white shaker cabinets, dark countertops, a stainless steel sink, and a black refrigerator, presenting a clean and contemporary look. Throughout the living areas and bedrooms, updated laminate/LVP flooring and fresh paint create a move-in ready environment. The laundry room is also updated with modern appliances. While the original structure is very old, the significant and recent cosmetic and functional updates, including recent roof repairs, bring the property's condition to a 'Good' standard, requiring no immediate renovations. However, without specific dates for the renovation or full visibility into all major systems (e.g., plumbing, electrical, HVAC beyond basic ceiling fans), and considering the age of the underlying building, it doesn't quite meet the 'virtually new' standard for an 'Excellent' rating.
Pros & Cons

Pros

Exceptional Income Potential & Versatility: This quadplex offers a unique blend of owner-user and investment opportunity with a vacant, move-in ready 5-bedroom front house and three fully occupied, income-producing rear units, boasting a pro-forma rent roll of $12,380.
Prime Los Feliz Location: Situated in one of Los Angeles' most desirable neighborhoods, the property benefits from a central location near Kaiser and Children's Hospital, Griffith Park, Hollywood, and Glendale, ensuring strong rental demand and potential appreciation.
Significant Value-Add Potential: The 1,600 sq ft basement in the front house presents a substantial opportunity for an additional ADU or a significant extension, allowing for future income generation or increased living space (buyer to verify).
Updated & Well-Maintained Units: The front house has been beautifully remodeled with fresh paint, updated flooring, laundry, and recent roof repairs, while the rear units are also updated with stable, paying tenants, minimizing immediate capital expenditures.
Efficient Operating Costs: Tenants are responsible for all utilities, with water billed via RUBS, which significantly reduces the owner's operating expenses and enhances the property's net income potential.

Cons

Age of Property (1912): While remodeled, the property's 1912 construction year may imply potential for unforeseen maintenance or upgrades to original systems (e.g., plumbing, electrical, foundation) that could incur additional costs.
ADU Potential Requires Buyer Verification: The significant ADU potential in the basement is explicitly stated as 'buyer to verify,' which introduces uncertainty, potential costs, and time for due diligence regarding permits and feasibility.
Lack of Explicit Parking Details: The property description does not explicitly detail parking arrangements for all four units, which can be a significant drawback and point of contention for tenants and owner-occupants in a dense urban area like Los Feliz.

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