808 Alandele AVE new

Los Angeles,CA 90036

$ 1525000

7 Beds

4 Baths

3194 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,194 sqft

Price per Sqft $477

MLS Listing ID SR24222684

Bedrooms 7

Full Baths 3

Half Baths 1

Year Built 1949

Lot Size 5,736 Sqft

Property Description

Rare opportunity to own a 3-unit property in the desirable Miracle Mile district—perfect for TIC conversion, multi-generational living, owner-occupants, or investors. This property presents significant value-add potential through interior and exterior upgrades or a TIC conversion, with 2 units vacant. The unit mix includes a spacious 3-bedroom, 1.5-bath unit (approx. 1,200 sq ft), an upgraded 2-bedroom, 1-bath unit (approx. 933 sq ft), and a 2-bedroom, 1-bath unit (approx. 1,080 sq ft). Amenities include three one-car garages and a shared laundry room for extra income. The units feature hardwood floors and abundant midcentury charm. Situated in a high-demand rental market popular with young professionals, this triplex is moments away from Museum Row, home to LACMA, The Academy Museum, Petersen Automotive Museum, and La Brea Tar Pits, as well as exceptional shopping, dining, and entertainment with a walk score of 91. It's close to The Grove, Beverly Center, Cedars-Sinai, and Koreatown, with easy access to UCLA, USC, Downtown LA, and the 10 Freeway. A new Purple Line subway station, set to open in 2025, will connect Downtown to Westwood, enhancing future value. Ideal for investors or owner-occupants seeking a condo or single-family home alternative, this property promises stable, long-term wealth growth and appreciation.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Interior

Heating Central

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplaces Type None

Laundry Common Area

Exterior

Parking Features Garage Faces Front,Garage

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks,Urban

View Y/N No

View None

Building

Lot Description 2-5 Units/Acre,Walkstreet,Yard

Dwelling Type Triplex

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Los Angeles Unified

Others

Acceptable Financing Cash,Conventional,Fannie Mae,Freddie Mac

Listing Terms Cash,Conventional,Fannie Mae,Freddie Mac

Special Listing Condition Standard

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