Los Angeles, CA 90036 808 Alendale
$1,675,000
50 more
Presented By: Natalie Alchadeff with Equity Union; 310-600-1829
Home Details
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 1 unit vacant and a possible second unit to be delivered 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.
Presented By: Natalie Alchadeff with Equity Union; 310-600-1829
Interior Features for 808 Alendale
Bedrooms
Main Level Bedrooms3
Total Bedrooms7
Bathrooms
Half Baths1
Main Level Bathrooms2
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 808 Alendale
Additional Parcels Y/NNo
Attached Garage Yes
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks, Urban
CoolingWallWindowUnits
CountyLos Angeles
Days on Market7
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 On Property Y/NNo
Entry Location1
Exterior FeaturesAwnings
Full Baths3
Garage Spaces3.0
Garage Y/NYes
HOA0.0
HeatingCentral
High School DistrictLos Angeles Unified
Home Owner AssocNo
Home Warranty Y/NNo
Interior FeaturesBeamedCeilings, BreakfastArea, CeilingFans, EatinKitchen, WalkInClosets
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Living Area UnitsSquareFeet
Lot Size Square Feet5738.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal3
Occupancy TypeTenant
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories2
Structure TypeTriplex
Tax Lot1
TermsCash, Conventional, FannieMae, FreddieMac
ViewNone
View Y/NNo
Waterfront Y/NNo
Year Built1949
Year Built SourceAssessor
ZoningLAR3
Exterior for 808 Alendale
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre, BackYard, Walkstreet
Lot Size Acres0.1317
Lot Size Area5738.0
Lot Size SourceAssessor
Open Parking Y/NNo
Parking FeaturesGarageFacesFront, Garage
SpaNo
Total Parking3.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480