808 Alendale Los Angeles, CA 90036
Open House
- Sun, Sep 29: 8pm-11pm
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 possible 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 (walkers 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.
- Property TypeCondo
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site4 Days
- MLS StatusActive
- MLS ID NumberSR24188107
- Home Size Source N/A
- Year Built1949
- Lot Size0.1317 Acres
- Full Baths3
- Partial Baths1
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General Features
- Parking Garage Garage
- Parking Garage Spaces 3
- Sewer Public Sewer
- Terms CashConventional
- Stories 2 Story
Interior Features
- Additional Rooms Family RoomKitchenLaundryWalk-In Closet
- Cooling Wall/Window
- Floors Wood
Exterior Features
- Water Public
- Pool N/K
- View N/K
Community Features
- Sales Restrictions Standard
- Miscellaneous Urban
- Laundry Location Community