Los Angeles, CA 90036 806 Alandele Avenue

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Presented By: Natalie Alchadeff with Equity Union; 310-600-1829
  • MLS# SR24041288
  • 03/04/2024
  • Request Tour
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  • BedBeds • 7
  • BathFull/Half Baths • 3 / 1
  • FootageSQFT • 3,194
  • GarageGarage • 3

Home Details

RARE 1949 Triplex located within the coveted Miracle Mile Historic Preservation Zone. 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. 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 an ideal investment for an owner/user or operator seeking a stable investment opportunity along with long-term wealth preservation and appreciation.
Presented By: Natalie Alchadeff with Equity Union; 310-600-1829

Interior Features for 806 Alandele Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 806 Alandele Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StreetLights, Sidewalks, Urban
CoolingWallWindowUnits
CountyLos Angeles
Days on Market47
DirectionsLocated within Los Angeles' famed Miracle Mile, North of W. Olympic Blvd, East of S. Fairfax Ave, this asset is situated in one of the city's most prestigious neighborhoods
Electric Expense600.0
Entry Location1
Expected Active Date 2024-03-06
Exterior FeaturesAwnings
Fuel Expense600.0
Garage Spaces3.0
Garage Y/NYes
Gross Income94488.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense5000.0
Interior FeaturesBeamedCeilings, CeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Conventional, FannieMae, FreddieMac
Lot Size Square Feet5738.0
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income85288.0
New ConstructionNo
Operating Expense9200.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Stories2
Street NameAlandele
Tax Lot1
Tenant PaysAllUtilities
Total Units3
Trash Expense600.0
ViewNone
View Y/NNo
Walk Score91
Water Sewer Expense2400.0
Waterfront Y/NNo
Year Built1949
Year Built SourceAssessor
ZoningLAR3

Exterior for 806 Alandele Avenue

Building Area Total3194.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1317
Lot Size Area5738.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters0
Open Parking Y/NNo
Parking FeaturesGarageFacesFront, Garage
SpaNo
Total Parking3.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,850,000
MLS#SR24041288
List Date 03/04/2024
Property Type Multi-Family
Phone 714.964.3311
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