808 Alendale Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90036
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,194 sqft
Price per Sqft $524
MLS Listing ID SR24188107
Bedrooms 7
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1949
Lot Size 5,736 Sqft
Property Description
Incredible Opportunity for a TIC Conversion, Owner/Users, Multiple Generations, or Investors to own a 3-unit property in the coveted Miracle Mile district. Significant value-add potential via interior/exterior updates or a TIC conversion. This is a value-add opportunity with NOW 2 Units Vacant. This income property boasts a strong unit mix consisting of (1) a large 3 bedroom + 1.5 Bathrooms unit (approx. 1200 sq ft), (1) an upgraded 2 bedrooms + 1 bathroom (approx. 933 sq ft), and (1) 2 bedroom + 1 bathroom (approx. 1080 sq ft). The property has three 1-car garages and a dedicated laundry room for additional income. Hardwood flooring throughout with tons of midcentury charm. Triplex is located in an ‘A’ rental market that is consistently sought-after by high-income young professionals. Located moments from Museum Row, which includes LACMA, The Academy Museum of Motion Pictures, The Petersen Automotive Museum, and La Brea Tar Pits. There are endless opportunities for world-class shopping, dining, and entertainment options with a walk score of 91 (walker’s paradise) yet on a quiet street. A short distance away at The Grove/Farmer's Market, Beverly Center, Cedars-Sinai, and Koreatown. The property has easy access to UCLA, USC, Downtown LA, and the 10 Freeway. The Purple Line Subway station is close by and is scheduled to open in 2025. This line will go from Downtown to Westwood and will provide added value to the future property owner and the entire neighborhood. This is an ideal investment for an owner/user or operator seeking a single-family home or condo alternative. It is a stable investment opportunity with long-term wealth preservation and appreciation.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Rooms
Main Level Bedrooms 3
Interior
Interior Features Beamed Ceilings,Breakfast Area,Ceiling Fan(s),Eat-in Kitchen,Walk-In Closet(s)
Heating Central
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Exterior Feature Awning(s)
Garage Garage Faces Front,Garage
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Sidewalks,Urban
View Y/N No
View None
Parking Type Garage Faces Front,Garage
Attached Garage Yes
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre,Back Yard,Walkstreet
Dwelling Type Triplex
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5089013002
Acceptable Financing Cash,Conventional,Fannie Mae,Freddie Mac
Listing Terms Cash,Conventional,Fannie Mae,Freddie Mac
Special Listing Condition Standard,Trust
Lease Land No