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Buy a multi-family propertyat 1037 Alpine Street, Los Angeles, CA 90012

$1,600,000

$0/mo

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Residential

3,024 Sq. Ft.

7,434 Sq. Ft. lot

6 Bedrooms

4 Bathrooms

286 Days on market

WS23137661 MLS ID

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About 1037 Alpine Street multi-family property

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.
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.

Property details

Property Access

City Street

Paved

Appliances & Equipment

Electric Range

Gas Range

Water Heater

Sump Pump

Bathrooms

4 full bathrooms

4 total bathrooms

3 bathrooms on main level

Bedrooms

6 total bedrooms

4 bedrooms on main level

Building

2 total stories

Built in 1900

Stories: 2

3,024 sqft living area

Victorian

1 Common Wall

Two

Triplex

Community

Street Lights

Sidewalks

Cooling

Wall/Window Unit(s)

Disclosures

Rent Control

Fence

Wire

Fireplaces

Living Room

Garage

Attached garage

4 garage spaces

Heating

Wall Furnace

Interior Features

High Ceilings

Laundry

Inside

Listing

Listing ID: WS23137661

Property Subtype: Triplex

12 days on market

Listed on 2023-07-25

Rent controlled

Location

County: Los Angeles

Lot

7434 sqft

0.1707 acres

Area: 7434

2-5 Units/Acre

Parking

4 total parking spaces

Door-Single

Garage Faces Front

Garage

Garage Faces Side

Possession

Close Of Escrow

Property

3 units

Property attached

Repairs Cosmetic

Updated/Remodeled

City Lights

Roof

Shingle

Schools

High School District: Los Angeles Unified

Security Features

Window Bars

Sewer

Public Sewer

Utilities

Cable Available

Electricity Available

Natural Gas Available

Phone Available

Sewer Connected

Water Connected

Monthly cost

Estimated monthly cost

$10,196/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,504,000

+$48,000

$1,552,000

Seller agent commission$48,000 (3%)*

$0 (0%)

Buyer agent commission$48,000 (3%)*

$48,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $48,000 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 6, 2024 at 2:15 p.m.

Data updated: Aug 6, 2023 at 8:05 p.m.

Property listed by KW Executive, CHIH HU
Based on information from California Regional Multiple Listing Service, Inc. as of 08/06/2023 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.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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