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808 Alendale
Los Angeles, CA 90036
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.
PROPERTY INFORMATION
| MLS # | SR24188107 | Lot Size | 5,738 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 1,675,000
Price Per SqFt: $ 524 |
DOM | 223 Days |
| Address | 808 Alendale | Type | Residential |
| City | Los Angeles | Sq.Ft. | 3,194 Sq. Ft. |
| Postal Code | 90036 | Garage | 3 |
| County | Los Angeles | Year Built | 1949 |
| Bed / Bath | 7 / 3.5 | Parking | 3 |
| Built In | 1949 | Status | Active |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area, Community |
| Has Fireplace | No |
| Fireplace Information | None |
| Kitchen Area | Area, Breakfast Nook, In Kitchen, In Living Room |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | Family Room, Kitchen, Laundry, Walk-In Closet |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| Flooring Information | Wood |
| InteriorFeatures Information | Beamed Ceilings, Ceiling Fan(s) |
| EntryLocation | 1 |
| Entry Level | 1 |
| Bathroom Information | Bathtub, Walk-in shower |
| Main Level Bedrooms | 3 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| ExteriorFeatures | Awning(s) |
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,787
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/22/2024 | Listed | $1,675,000 |
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Listing provided courtesy of Natalie Alchadeff, Equity Union. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
