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    2841 Alsace Ave

    Los Angeles, CA 90016
    • $995,000
    • STATUS: Active Under Contract
    • ON SITE: 30 Days
    • MLS #: 21-784608
    Under Contract
    UPDATED: 34 min ago
    $995,000
    • 4
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,957
      SQFT
    • $336
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Here is your chance to buy in West Adams. A duplex with this much original character and charm rarely comes to market. This property offers huge upside potential and is perfect for an investor or an owner-user as one unit is being delivered vacant. Each two bedroom unit is just under 1500 sq feet with spacious open floor plans and an abundance of natural light throughout. This duplex sits on an LARD1.5 lot with the potential to add an ADU in the back for additional rental income. This neighborhood is quickly becoming one of the hottest rental markets in Los Angeles. Being adjacent to Culver City and the influx of entertainment, tech and creative jobs, you will be sure to attract some high quality tenants. This property has recent upgrades to its electrical and plumbing systems and has separate meters for each tenant's electric and gas. With a great central location, you're walkable to some phenomenal restaurants Alta, Mizlala, the art gallery Band of Vices, easy access to the soon to open Whole Foods and close proximity to the Expo light-rail. This duplex has it all, there's parking for three behind the unit, ample street parking and a drip irrigation system that feeds the mature California natives and fragrant flowering trees in the rear entrance.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-18T13:43:04.893. 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.
    www.desertarealuxuryhomes.com/homes/121534866
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    2841 Alsace Ave Los Angeles, CA 90016

    • Price: $995,000
    • Status: Active Under Contract
    • Updated: 34 min ago
    • MLS #: 21-784608
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,957
    SQFT
    $336
    $/SQFT
    1930
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    Here is your chance to buy in West Adams. A duplex with this much original character and charm rarely comes to market. This property offers huge upside potential and is perfect for an investor or an owner-user as one unit is being delivered vacant. Each two bedroom unit is just under 1500 sq feet with spacious open floor plans and an abundance of natural light throughout. This duplex sits on an LARD1.5 lot with the potential to add an ADU in the back for additional rental income. This neighborhood is quickly becoming one of the hottest rental markets in Los Angeles. Being adjacent to Culver City and the influx of entertainment, tech and creative jobs, you will be sure to attract some high quality tenants. This property has recent upgrades to its electrical and plumbing systems and has separate meters for each tenant's electric and gas. With a great central location, you're walkable to some phenomenal restaurants Alta, Mizlala, the art gallery Band of Vices, easy access to the soon to open Whole Foods and close proximity to the Expo light-rail. This duplex has it all, there's parking for three behind the unit, ample street parking and a drip irrigation system that feeds the mature California natives and fragrant flowering trees in the rear entrance.
    Exterior Features

    Direction Faces East Levels Two Lot Size Area 4800 Other Structures None Parking Garage Driveway - Concrete Patio Features Porch - Front Pool Description None Pool YN No Spa None Spa YN No Style Spanish Tennis Court None Tennis YN No Total Parking 3 Water Frontage None

    Interior Features

    Baths Total 2.00 Common Walls Attached Cooking Appliances Gas/Electric Range Cooling None Equipment RefrigeratorWasherDryer Fireplace Rooms Living Room Flooring HardwoodTile Heating Wall Laundry Room

    Property Features

    Assessed Total Value 630631 Gross Income 49200 Gross Operating Income 47724 Like Units1 1 Like Units2 2 Net Operating Income 39060.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Security Features None Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 8663 Type Of Units Duplex Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Jeremiah Vancans DRE#01944484 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-18T13:43:04.893. 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.
     
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    The Sandi Phillips Team | Compass
    74199 El Paseo, Suite 200
    Palm Desert CA, 92260