Property Detail

1301 N Alexandria

Los Angeles CA 90027

$1,500,000

Status: Active

Property Details

Description

We are pleased to present 1301 N Alexandria Avenue, a 51-unit workforce housing development opportunity in East Hollywood. The site sits on a 7,067 square foot corner lot at Alexandria and Fountain Avenues, just south of Sunset Boulevard and moments from Los Feliz and Silver Lake. The property is currently demolished and will be delivered ready-to-issue (RTI), allowing a buyer to break ground immediately. The approved plans call for a highly efficient five-story, 62-foot building constructed entirely of Type III-A wood-frame construction, with no podium and no parking structure. The fully sprinklered R-2 building totals approximately 19,530 square feet and delivers 48 one-bedroom units, two two-bedroom units, and one studio, complemented by a 2,075 square foot rooftop common deck and private balconies on select units. The project is designed for working professionals: nurses, technicians, administrative staff, and service workers who want to live near their jobs at rents they can sustain. Efficient one-bedroom floor plans match this renter base, and eliminating on-site parking allows the building to devote its entire footprint to housing. The site is less than one mile from Kaiser Permanente Los Angeles Medical Center on Sunset Boulevard, the flagship of Kaiser's Southern California system and one of the largest employment centers in Los Angeles. The campus employs more than 7,100 staff and 974 physicians, operates approximately 560 hospital beds, and runs one of the largest cardiac surgery programs in the western United States. Together with Children's Hospital Los Angeles and Hollywood Presbyterian along the same corridor, the area generates deep, steady demand from healthcare workers seeking housing within walking distance or a short commute. Renters can walk to work, ride the Metro B Line, or rely on the dense network of neighborhood retail along Sunset and Vermont. Updated affordable rent schedules effective July 1, 2026 set maximum allowable rents well above the surrounding submarket for efficient one-bedroom units. This allows units to lease at today's market rents from day one, with meaningful room for rent growth before reaching covenant limits. For buyers seeking additional yield, voucher participation offers further upside. HACLA payment standards are set by bedroom count and continue to support voucher holders moving into well-located neighborhoods near major employment centers.

Map Location

Listing provided courtesy of Benjamin Lee of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-10-16 08:20:21.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

Contact Me
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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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