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806 Alandele Ave, Los Angeles, CA 90036
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806 Alandele Ave Los Angeles, CA 90036

$1,850,000
  • 7 Beds
  • 3.5 Baths
  • 3,194 Sq.Ft.
For Sale
$1,850,000 Get Pre-Qualified
Map preview of 806 Alandele Ave, Los Angeles, CA 90036

Property Overview: 806 Alandele Ave Los Angeles, CA has 7 bedrooms, 3.5 bathrooms, 3,194 living square feet and 5,738 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: 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.

Listed by Natalie Alchadeff | BRE #01888998 | Equity Union
Last checked: 3 minutes ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 51
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Home details

Lot Sq. Ft
5,738
HOA Dues
$0/mo
Year built
1949
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
SR24041288
City
Los Angeles
County
Los Angeles
Time on Site
53 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,872
  • Total Rent: $1,872
  • Pro Forma/Market Rent: $1,928
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,730
  • Total Rent: $2,730
  • Pro Forma/Market Rent: $2,812
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,172
  • Total Rent: $3,172
  • Pro Forma/Market Rent: $3,215
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $93,288
  • Net Operating Income: $85,288
  • Gross Operating Income: --
  • # of Rented Garages: 2
  • Garage Rental Rate: $100
  • Garage Rental Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: $9,200
  • Electric: $600
  • Gas/Fuel: $600
  • Trash: $600
  • Insurance: $5,000
  • Water/Sewer: $2,400

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Property Details for 806 Alandele Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area, Community
Room Information
  • Flooring: Wood
  • Family Room, Kitchen
Interior Features
  • Beamed Ceilings, Ceiling Fan(s)
  • Levels: Two
Exterior Features
Exterior Information
  • Awning(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage, Garage Faces Front
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5089013002
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Located within Los Angeles' famed Miracle Mile, North of W. Olympic Blvd, East of S. Fairfax Ave, this asset is situated in one of the city's most prestigious neighborhoods
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 806 Alandele Ave

Last sold on March 17th, 1994

  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: SR24041288

    $1,850,000

    Price

  • March, 1994

  • Mar 17, 1994

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 806 Alandele Ave

Assessed Value (2020): $202,757
Year Land Value Improved Value Assessed Value
2020 $96,310 $106,447 $202,757

Home Value Compared to the Market

This property vs the competition

806 Alandele Ave is listed 48.12% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $579.21 per/sqft which puts the price per square foot 24.97% lower than the median price per square foot for the city of Los Angeles.

About 806 Alandele Ave

Detailed summary of property

806 Alandele Ave is a triplex located in Los Angeles, CA 90036 and is currently for sale. This triplex offers 7 bedrooms, 3.5 bathrooms, roughly 3,194 living square feet, and sits on an approximately 5,738 square foot lot. 806 Alandele Ave was first listed on ArdentRealEstateGroup.com on March 5, 2024. The homeowner is currently asking $1,850,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 48.12% higher than the median priced home. Local competing homes currently for sale include 6446 W 6th St, 1132 S Crescent Heights Blvd and 1012 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 97 days, 806 Alandele Ave has a days on market of 51 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 806 Alandele Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 806 Alandele Ave

Public county record property details
Beds
6
Baths
4
Year built
1949
Sq. Ft.
3,194
Lot Size
5,735
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5089-013-002

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,998,000
Median List Price/Sq.Ft.
$883
Median Sold Price
$742,090
Median Sold Price/Sq.Ft.
$783
Total Inventory
52
Median Sale to List Price %
99.08%
Avg Days on Market
35
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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.

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