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806 Alandele Avenue

Los Angeles, CA 90036
  • $1,850,000
  • STATUS: ACTIVE
  • ON SITE: 44 Days
  • ID#: SR24041288
$1,850,000
  • 7
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

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 (walkers 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. 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 (walkers 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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/148310171
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806 Alandele Avenue Los Angeles, CA 90036

  • Price: $1,850,000
  • Status: ACTIVE
  • On Site: 44 Days
  • ID#: SR24041288
7
Beds
0
Baths
0
½ Baths
0.13
Acres
Neighborhood:
Los Angeles (90036)
County:
Los Angeles
Area:
Los Angeles (90036)
Property Description
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 (walkers 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. 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 (walkers 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.
Exterior Features

Pool N/K Site CurbsSidewalks Spa N/K

Interior Features

Cooling Wall/Window Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1

Property Features

Annual Expense Actual 9200 Buildings 1 Cfd Mello Roos Fee 518.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 93288 Monthly Total Fees 43 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 3172.0 Unit2 Rent Actual 2730.0 Unit3 Rent Actual 1872.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Natalie Alchadeff of Equity Union: 310-600-1829. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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