Los Angeles, CA 90008
327 S. ALEXANDRIA AVE
20 Units + 4 ADU Units
4 Non-Conforming Bachelor Units (ADU Conversion in Process)
KW Commercial, as the exclusive listing agents, are pleased to 327 S Alexandria Avenue, a 20-Unit apartment community located in the heavily sought-after 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.
Koreatown / Wilshire Center is a regional commercial center with approximately 100 acres and over 37 million square feet of building area. Its population density is the highest in Los Angeles County, with over 42,600 residents per square mile.