Address
1037 Alpine Street, Los Angeles, CA
Price
$ 1,450,000
Property Attributes
- MLS#WS23137661
- TypeMulti-Family
- CountyLOS ANGELES
- 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 |
Amenities
- 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
Price
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of December 1, 2023 8:14 AM UTC 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.
