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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.

"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 7th June, 2023 9:19 PM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 7th June, 2023 9:19 PM (UTC)
Listing Agent: Nick Astrupgaard
Listing Office: KW Commercial Studio City