Listing by: Natalie Alchadeff, Equity Union, 310-600-1829

7 Beds

4 Baths

3,194SqFt

Pending

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.

Property Details
Price $1,525,000
Bedrooms 7
Full Baths 3
Half Baths 1
Total Baths 4
Lot Size Area 5738
Lot Size Area Units Square Feet
Acres 0.1317
Property Type Residential
Sub type Triplex
MLS Sub type Triplex
Stories 2
Features Beamed Ceilings,Ceiling Fan(s)
Exterior Features Sidewalks,Urban
Year Built 1949
View None
Heating Central
Lot Description 2-5 Units/Acre,Walkstreet,Yard
Laundry Features Common Area,Community
Pool features None
Parking Description Garage,Garage Faces Front
Parking Spaces 3
Garage spaces 3
Association Fee 0
Geographic Data
Directions Located 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
County Los Angeles
Latitude 34.060463
Longitude -118.357481
Market Area C17 - Mid-Wilshire
Address Information
Address 808 Alandele Avenue, Los Angeles, CA 90036
Postal Code 90036
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Equity Union
Listing Agent Natalie Alchadeff
Listing Agent Phone 310-600-1829
Attribution Contact 310-600-1829
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
School Information
District Los Angeles Unified
MLS Information
Days on market 21
MLS Status Pending
Listing Date Dec 18, 2024
Listing Last Modified Jan 14, 2025
Tax ID 5089013002
MLS Area C17 - Mid-Wilshire
MLS # SR24222684

This information is believed to be accurate, but without any warranty.
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