1040 S Alfred St, Los Angeles, CA 90035
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1040 S Alfred St Los Angeles, CA 90035

$2,299,000
  • 9 Beds
  • 6 Baths
  • 4,092 Sq.Ft.
For Sale
$2,299,000 Get Pre-Qualified

Map preview of 1040 S Alfred St, Los Angeles, CA 90035

Property Overview: 1040 S Alfred St Los Angeles, CA has 9 bedrooms, 6 bathrooms, 4,092 living square feet and 6,753 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Nestled in the highly coveted Historic Preservation Overlay Zone (HPOZ) of South Carthay, this stunning 1936 Spanish duplex offers timeless charm and modern convenience. Located just two city blocks from the upcoming La Cienega/Wilshire Metro stop, this property is perfectly positioned at the intersection of old-world elegance and a future-forward lifestyle. Bordering Beverly Hills and La Cienega Park, this timeless duplex boast two large units (approximately 2000sf each), classic Spanish architectural details including arched doorways, hardwood floors, and original tile work. Each unit is thoughtfully designed with generous living spaces, abundant natural light, and period touches that highlight the home's historic character.Whether you're looking for an investment opportunity or a multi-generational living solution, this property offers flexibility and potential. The upstairs unit is vacant and recently underwent a full kitchen remodel, in addition to freshly sanded floors, new paint, new luxury wool carpeting, and new based boards. This unit features three large bedrooms plus a den and two bathrooms. The downstairs unit, which is tenant occupied, underwent a kitchen remodel 5 years ago and is complete with hardwood floors throughout and a California basement. The downstairs unit floorpan is the same 3br/2ba layout as upstair without the den. In addition to multiple upgrades, such as 200 amp electrical panel, new garage roof, central heating and air, beautiful landscaping (orange, lemon and grapefruit tree on the property as well), this property has been lovingly maintained over the years. In the rear of the property, you'll find a detached 4-Car gargage, which can be converted to an ADU, or offer prime storage. With a prime location close to world-class shopping, dining, and entertainment, plus easy access to public transportation, this is a rare opportunity to own a piece of Los Angeles history in one of the city's most desirable neighborhoods.

Listed by Alison MacCracken | BRE #01920182 | Compass
Last checked: 6 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
6,753
HOA Dues
$0/mo
Year built
1936
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24439251
City
Los Angeles
County
Los Angeles
Time on Site
6 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $4,060
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1040 S Alfred St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 2
  • Parcel Number: 5087006021
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Olympic to Alfred St.
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Sale History for 1040 S Alfred St

Last leased for $4,500 on July 12th, 2020
  • September, 2024

  • Sep 12, 2024

    Date

    Active

    CRMLS: 24439251

    $2,299,000

    Price

  • July, 2020

  • Jul 13, 2020

    Date

    Leased

    CRMLS: 20557758

    $4,500

    Price

  • Feb 27, 2020

    Date

    Active

    CRMLS: 20557758

    $4,500

    Price

  • Listing provided courtesy of CRMLS

    This beautifully-maintained three-bedroom, two bath Historic Carthay Circle home with a den, is located on a tree-lined street within walking distance to La Cienega Park and in close proximity to the Grove, LACMA, and much more. Filled with tons of natural light, this upper unit features high ceilings, original hardwood floors, a formal dining room and breakfast area, beautifully-preserved bathrooms, new Miele dishwasher and stove, in-unit washer and dryer in a separate laundry room, as well as a recently-updated HVAC system with a Nest thermostat. Additionally, you have access to a private two-car garage and a grassy shared yard. This rental truly feels like home.

  • February, 2020

  • Feb 20, 2020

    Date

    Canceled

    CRMLS: 19529962

    $4,850

    Price

  • Jan 3, 2020

    Date

    Price Change

    CRMLS: 19529962

    $4,850

    Price

  • Nov 15, 2019

    Date

    Active

    CRMLS: 19529962

    $4,999

    Price

  • Listing provided courtesy of CRMLS

    This beautifully-maintained three-bedroom, two bath Historic Carthay Circle home with a den, is located on a tree-lined street within walking distance to La Cienega Park and in close proximity to the Grove, LACMA, and much more. Filled with tons of natural light, this upper unit features high ceilings, original hardwood floors, a formal dining room and breakfast area, beautifully-preserved bathrooms, new Miele dishwasher and stove, in-unit washer and dryer in a separate laundry room, as well as a recently-updated HVAC system with a Nest thermostat. Additionally, you have access to a private two-car garage and a grassy shared yard. This rental truly feels like home.

  • July, 2000

  • Jul 11, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1040 S Alfred St

Assessed Value (2020): $895,570
Year Land Value Improved Value Assessed Value
2020 $551,123 $344,447 $895,570

Home Value Compared to the Market

This property vs the competition

1040 S Alfred St is listed 91.58% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $561.83 per/sqft which puts the price per square foot 26.85% lower than the median price per square foot for the city of Los Angeles.

About 1040 S Alfred St

Detailed summary of property

1040 S Alfred St is a multi family located in Los Angeles, CA 90035 and is currently for sale. This multi family property offers 9 bedrooms, 6 bathrooms, roughly 4,092 living square feet, and sits on an approximately 6,753 square foot lot. 1040 S Alfred St was first listed on ArdentRealEstateGroup.com on September 13, 2024. The homeowner is currently asking $2,299,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 91.58% higher than the median priced home. Local competing homes currently for sale include 1118 Hi Point St, 1236 Hi Point St and 8638 Cashio St. While the average home in Los Angeles, CA is selling in 106 days, 1040 S Alfred St has a days on market of 7 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1040 S Alfred St Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1040 S Alfred St

Public county record property details
Beds
6
Baths
4
Year built
1936
Sq. Ft.
4,092
Lot Size
6,751
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
113
APN
5087-006-021

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$785
Median Sold Price
$1,699,500
Median Sold Price/Sq.Ft.
$747
Total Inventory
56
Median Sale to List Price %
97.17%
Avg Days on Market
30
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (8.33%)

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Related Resources to 1040 S Alfred St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.