Listed By:
CHIH HU with KW Executive;
1037 Alpine Street, Los Angeles, CA
$ 1,450,000
Property Attributes
  • MLS#WS23137661
  • TypeMulti-Family
  • CityLos Angeles
  • AreaChinatown
  • Zip90012
  • StyleVictorian
  • Price$ 1,450,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3024
  • Lot Size7,436 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Price improvement, +100k in your client's pocket. Discover an outstanding triplex income property at 1037 Alpine Street, nestled in highly sought-after Los Angeles Echo Park/ Victor Heights area. This unique investment offers two 1 bed, 1 bath Units in the front and a separate 4 bed, 2 bath units in the back with 4 single parking garages. Income Potential: With three units, this property presents an excellent opportunity to generate substantial rental income, making it an investor's dream or a homeowner's savvy investment. Both units includes an expansive basement and a peaceful center courtyard surround by tall trees. Property is zoned as C1 with potential for mix-use commercial and residential use. Location: Enjoy unparalleled convenience with trendy restaurants, cultural attractions, premier shopping centers, and entertainment options all within easy reach. This prime location places you near iconic landmarks such as Dodger Stadium, Echo Park, and the vibrant Chinatown district. Walking distance to the famous East Side Italian Deli and upcoming Alpine Bungalow with it's new shops and businesses. Don't miss out on this rare find! Seize the opportunity at 1037 Alpine Street in prime Los Angeles.

Price History
7/26/2023 Listed $1,600,000
8/28/2023 7% - $1,500,000
11/4/2023 4% - $1,450,000

General Features

Additional Parcels Y/N No
Appliances ElectricRange, GasRange, WaterHeater, SumpPump
Architectural Style Victorian
Assoc Fees 0.0
Association Y/N No
Attached Garage Yes
Carport Spaces 0.0
Carport Y/N No
City Los Angeles
Community Features StreetLights, Sidewalks
Contingency none
Cooling WallWindowUnits
County Los Angeles
Current Financing None
Days on Market 102
Directions Turn right on to Beaudry Avenue, then right on Alpine.
Disclosures RentControl
Entry Location Stree
Garage Spaces 4.0
Garage Y/N Yes
Heating WallFurnace
High School District Los Angeles Unified
Home Warranty Y/N No
Interior Features HighCeilings
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Levels Two
Listing Terms Cash, Conventional, Item1031Exchange, FHA, VALoan
Lot Size Square Feet 7434.0
MLS Area CHNA - Chinatown
Mobilehomeremainsyn No
New Construction No
Occupancy Description Tenant
Open Parking Spaces 0.0
Pool Features None
Possession CloseOfEscrow
Private Pool No
Property Attached Y/N Yes
Property Condition RepairsCosmetic, UpdatedRemodeled
Property Sub Type Additional Triplex
Property SubType Triplex
Property Type Residential
Rent Control Y/N Yes
Roof Shingle
Security Features WindowBars
Senior Community Y/N No
Sewer PublicSewer
Spa Features None
Special Listing Conditions Standard
Standard Status Active
Status Active
Stories 2
Street Name Alpine
Structure Type Triplex
Tax Lot 91
Total Units 3
Utilities CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerConnected, WaterConnected
View CityLights
View Y/N Yes
Waterfront Y/N No
Year Built 1900
Year Built Source Assessor
Zoning LAC1

Interior Features

Air Conditioning Y/N Yes
Basement (Y/N) No
Common Walls Item1CommonWall
Electric On Property Y/N No
Entry Level 1
Fireplace Features LivingRoom
Fireplace Y/N Yes
Full Baths 4
Heating Y/N Yes
Laundry Features Inside, SeeRemarks
Living Area Units SquareFeet
Livingareasource Assessor
Main Level Bathrooms 3
Main Level Bedrooms 4
Street Suffix Street
Total Baths 4
Total Bedrooms 6
Total Stories 2

Exterior Features

Living Area 3024.0
Crops Included Y/N No
Fencing Wire
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Features Item25UnitsAcre
Lot Size Acres 0.1707
Lot Size Area 7434.0
Lot Size Source Assessor
Lot Size Units SquareFeet
Open Parking Y/N No
Parking Features DoorSingle, GarageFacesFront, Garage, GarageFacesSide
Road Frontage Type CityStreet
Road Surface Type Paved
Spa No
Total Parking 4.0
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90012

AVG $1.3M
AVG 84
Data Provided by Inside Real Estate®
Year Built
AVG 1920