808 Alandele Avenue

Los Angeles, CA 90036

$1,525,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1949

calendar_month Built

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.

Listing Information

List Price $1,525,000
Status Active
MLS SR24222759
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1949
Lot Size 5,738
Structure Size N/A
DOM 1
Courtesy Of Equity Union
Listing Agent Natalie Alchadeff DRE#01888998

Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Features Bedroom on Main Level
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate, Wood
Fireplace Information
Features None
Additional Information
Additional Features Ceiling Fan(s), Bedroom on Main Level, Walk-In Closet(s)
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Natalie Alchadeff, Equity Union . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 10:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.