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854 Alandele Ave
Los Angeles, CA 90036 Miracle Mile

$1,595,000 USD

Apartments For Sale • 3,041 SF

Property Details

Property Type Apartments
Total Building Size 3,041 SF
Lot Size 0.14 AC
Building Class B
Year Built 1947
Cap Rate 5.30 %
Zoning LAR3

60 Transit Score

80 Walk Score

                
                    Highlights
                
                                Beautifully maintained boutique triplex gushing with curb appeal
                            
                                 One 2-bedroom unit delivered vacant, offering immediate rental upside or owner-user opportunity
                            
                                In-unit washer and dryer hookups
                            
                                Rear courtyard patio and lounge area with BBQ & string lighting
                            
                                On-site garage parking and flexible permitted & unpermitted street parking
                            
                                Remodeled bright units with spacious floor plans, including front and rear unit access

Financial Summary (Actual)

Net Operating Income: $84,550 USD (2026)

Cap Rate:	5.30 %
Total Expenses:	$31,443 USD

Amenities

Microwave
Washer/Dryer Hookup
Grill
Ceiling Fans
Hardwood Floors
Refrigerator
Range

Public Transportation

Commuter Rail	Drive	Walk	Distance
	16 min	-	8.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	20 min	-	9.5 mi
Airport	Drive	Walk	Distance
Los Angeles International	20 min	-	9.8 mi
Bob Hope	24 min	-	12.4 mi
Long Beach (Daugherty Field)	38 min	-	26.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1
Type:	OneCarGarage
Included in Rent:	Yes

Raymond A. Rodriguez IV Lucrum Real Estate Group | Equity Union

854 Alandele Ave Los Angeles, CA 90036 Miracle Mile