854 Alandele Avenue Los Angeles, CA $ 1,750,000
854 Alandele Avenue
$ 1,750,000
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854 Alandele Avenue

Los Angeles, CA, 90036
$ 1,750,000
Baths1.0 Sq 3,041

Monthly Estimate*

$ 10,775

Listed by Equity Union
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,750,000 with 1 full bath. This 3,041 square foot home was built in 1947 on a lot size of 0.1417.

Alandele Court is a well-maintained boutique multifamily property located at 854 Alandele Avenue in the Mid-Wilshire/Fairfax area of Los Angeles. The two-story triplex consists of three renovated two-bedroom units situated on a quiet, tree-lined residential street with consistent neighborhood character and curb appeal. The property is located within a supply-constrained submarket adjacent to Miracle Mile. Originally constructed in 1947, the wood-frame building reflects classic Los Angeles mid-century architecture with a pitched roof, smooth stucco exterior, and understated design elements. The property contains approximately ±3,041 square feet of rentable space 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 structure. At the rear of the property, a landscaped garden-style courtyard provides a private outdoor area with patio space, BBQ area, and lounge seating. All units offer both front and rear entry access, contributing to functional layouts and ease of circulation. The unit mix consists of three two-bedroom, one-bath apartment homes with renovated interiors, high ceilings, ample storage, and efficient floor plans. Two units share the same stacked layout, while one unit reflects a modified floor plan. Two units are equipped with central air conditioning, and the third includes a wall-mounted system. Each unit includes in-unit 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 capital improvements include a new sump pump and updated rain gutters completed in 2024. Street parking is available in the surrounding area, and garage parking includes one two-car garage and one single-car garage. Alandele Court benefits from recent system upgrades and a highly desirable Mid-Wilshire location within the Los Angeles rental market.

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Multi-Family Active

Price

$ 1,750,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1417

Year Built

1947

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26016733

Days on Market

2

Features
General
Sewer Public Sewer
Garage Spaces 3
Pool Features None
Year Built 1947
Stories Count 2
Levels Two
Property Subtype Triplex
Gross Income 119580
Community Features Urban
County Los Angeles
Net Operating Income 82612
Operating Expense 33380
Insurance Expense 0
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions 854 Alandele Ave. Los Angeles CA 90036
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area C19 - Beverly Center-Miracle Mile
Lot Size Units Square Feet
Lot Size Square Feet 6173
Listing Terms Cash Cash to New Loan Conventional Contract
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://my.matterport.com/show/?m=CuuzN4cq7Pt&brand=0 https://youtu.be/1cC1qFZyFO4
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 6
Property Sub Type Additional Triplex
Cap Rate 4.72
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup Inside
Entry Level 1
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 3
Lot Size Area 6173
Number of Buildings 1
Building Area Total 3041
Lot Size Acres 0.1417
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 0
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Equity Union

Broker

info@lucrumre.com

Email

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$10,775
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$10,775
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/23/2026$1,750,000 Listed Price

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854 Alandele Avenue, Los Angeles, CA, 90036 is a Multi-Family Home for sale at $1,750,000 with 3,041 sqft and a lot size of 0.1417. 854 Alandele Avenue is a studio with 1.0 baths and was built in 1947. The property's zip code is 90036 which is in Los Angeles, CA