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.