806 Alandele Avenue

Los Angeles, CA 90036

$1,850,000
Price
7
Beds
4
Baths
3,194 Sq. Ft.
$579 / Sq. Ft.
3,194
Sq. Ft.
$579
per Sq. Ft.

Description

RARE 1949 Triplex located within the coveted Miracle Mile Historic Preservation Zone. 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’...RARE 1949 Triplex located within the coveted Miracle Mile Historic Preservation Zone. 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. 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 an ideal investment for an owner/user or operator seeking a stable investment opportunity along with long-term wealth preservation and appreciation.
  1. Listed by Natalie Alchadeff • DRE #01888998 • Brokerage DRE #01811831 • Equity Union • 310-600-1829

Property Details for 806 Alandele Avenue

View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
Wall/Window
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3194

Location

Listing Courtesy of Equity Union, Natalie Alchadeff, DRE #01888998
Add your commute
LISTING UPDATED: 04/22/2024 08:46 AM

Property Details for 806 Alandele Avenue

StatusActive
MLS #SR24041288
Days on Market56
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.13 AC / 5,738 SF
CountyLos Angeles County

Location

Listing Courtesy of Equity Union, Natalie Alchadeff, DRE #01888998
Add your commute

Building Information for 806 Alandele Avenue

Stories2Residences-Year Built1949Building Size-Lot Size0.13 AC / 5,738 SF

Payment Calculator

$10,352 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

$256

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 806 Alandele Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $94,488
  • Gross Scheduled Income: $93,288
  • Net Operating Income: $85,288
  • Number Of Rented Garages: 2
  • Garage Rental Rate: $100
  • Garage Income: $1,200
Expense Details
  • Operating Expense: $9,200
  • Fuel Expense: $600
  • Electric Expense: $600
  • Insurance Expense: $5,000
  • Trash Expense: $600
  • Water Sewer Expense: $2,400
  • Total Expenses: $9,200
Tax / Assessment Info
  • Tax Tract Number: 11127
  • Tax Census Tract: 2163.02
  • CFD/Mello-Roos Fee: $518
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Interior Features: Beamed Ceilings, Ceiling Fan(s)
  • Room Type: Family Room, Kitchen
  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Central
  • Heating: Central
  • Flooring: Wood
Exterior Features
  • Exterior Features: Awning(s)
  • Entry Location: 1
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Green Info
  • Walk Score: 91
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Garage
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Garage, Garage Faces Front
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,172
  • Unit Type Total Rent: $3,172
  • Unit Type Pro Forma: 3215
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,730
  • Unit Type Total Rent: $2,730
  • Unit Type Pro Forma: 2812
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,872
  • Unit Type Total Rent: $1,872
  • Unit Type Pro Forma: 1928
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 0

Property History for 806 Alandele Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 806 Alandele Avenue

Taxable ValueLand$101,238Additions$111,892Total$213,130
Tax Record2023$3,075 ($256 / month)
Home Facts
Total Finished SqFt3,194 SqFtAbove Grade Finished SqFt3,194 SqFtLot Size5,736 SqFtStyleTriplexYear Built1949ZoningLAR3CountyLOS ANGELESAPN5089-013-002

Schools near 806 Alandele Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Carthay Center Elementary
PublicK to 5

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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806 Alandele Avenue is a multi-family home for sale in Los Angeles, CA 90036. This property was listed for sale on March 6, 2024 by Equity Union, it's currently listed at $1,850,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Carthay Center Elementary, Emerson Community Charter School and Fairfax Senior High School. 806 Alandele Avenue is a 7-bed, 4-bath, 3,194 sqft multi-family home built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Equity Union, Natalie Alchadeff, DRE #01888998

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.