Property listed by Equity Union, Raymond Rodriguez 818-581-5829
$1,595,000
Alandele Court is a three-unit multifamily property located at 854 Alandele Avenue in the Mid-Wilshire / Miracle Mile area of Los Angeles. The property consists of three two-bedroom, one-bath units situated on a residential street within a centrally located neighborhood.
Originally constructed in 1947, the wood-frame building features a pitched roof,… Read More smooth stucco exterior, and classic mid-century architectural elements. The property includes approximately ±3,041 square feet of building area on a ±6,173 square-foot lot zoned LAR3. Driveway access on both sides of the property leads to garages located on each side of the building.
A landscaped courtyard is located at the rear of the property and includes patio space and outdoor seating areas. Each unit includes both front and rear entry access.
The unit mix consists of three two-bedroom, one-bath apartments with high ceilings, storage areas, and efficient layouts. Unit #852 was converted from a one-bedroom to a two-bedroom configuration without permits. Units #854 and #856 share a similar floor plan. Two units include central air conditioning, and one unit includes a wall-mounted air-conditioning system. Each unit includes washer and dryer hookups, individual hot water heaters, and furnaces installed in 2024. The property is master-metered for water and individually metered for gas and electricity.
Recent improvements include installation of a sump pump and updated rain gutters in 2024. Parking includes one two-car garage and one single-car garage, with additional street parking available in the surrounding area.
The property is located near Miracle Mile with proximity to neighborhood retail, dining, cultural destinations, and major transportation corridors, including Wilshire Boulevard and Olympic Boulevard. Read Less
Listing Snapshot
Days Online
66
Last Updated
Property Type
Triplex
Lot Size
0.14 Acres
Year Built
1947
MLS Number
SR26016733
Additional Details
Building
Built in 1947, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Urban
Expenses
Operating: $31,443
Garage
3 spaces
Income
Gross Income: $119,580, Gross ScheduledIncome: $119,580, Net Operating Income: $84,550
Be the first to explore the latest properties to hit the market. From cozy retreats to stunning estates, these fresh listings are ready for you to discover. Don’t miss your chance to find the perfect home!
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
