855.375.4001
Listed by 310-600-1829 - Natalie Alchadeff - Equity Union
$1,675,000 affordable loan icon Calculate Payment

808 Alendale Los Angeles, CA 90036

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Triplex Residence
7 Beds
4 Baths
... Bed/Bath
3,194 Sq. Ft.

Open House Schedule

  • Sun, 9/29, 01:00 PM-04:00 PM

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Last updated on 9/27/2024 5:25 PM
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 with 1 unit vacant and a pos...sible second unit to be delivered vacant. This 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. Continue reading
MLS#
SR24188107
Property Type
Triplex
Bedrooms
7
Bathrooms
3 Full/1 Half
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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Listed by 310-600-1829 - Natalie Alchadeff - Equity Union
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 9/27/2024 5:25 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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