$1,675,000
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808 Alandele Avenue Los Angeles, CA 90036
Triplex
Residence
Beds
Baths
3,194
Sq. Ft.
0.13
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 Now 2 units are vacant. Thi...s 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.
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MLS#
SR24188149
Property Type
Triplex
Status
Year Built
1949
Square Feet
3,194
sq. ft
Lot Size
0.13
Stories
2.0
Sewer
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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