$2,350,000
0.15 acres
34.0549 -118.375
FOR SALE

1201 S Alfred St Los Angeles, CA 90035

$2,350,000
Est. Monthly $8,317 recalculate
0.15 acres
 

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Long Beach, CA 90815
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562.­431.2011
CENTURY 21 On Target
5515 Stearns Street Long Beach, CA 90815
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1201 S Alfred St
Los Angeles, CA 90035

Explore This Property

Multi-Family (2-4 Units) - 6-unit French Normandy style multifamily property in the charming and rapidly developing neighborhood of Pico-Robertson. Located on a quiet residential block just north of W. Pico Boulevard and east of La Cienega Boulevard, the subject property is adjacent to some of the popular shopping and dining destinations including The Grove, Beverly Center,Miracle Mile, W. 3rd Street and Beverly Hills. 4,869 SF two-story building sits on a 6,344 SF corner lot, and is comprised of (5) one-bedroom and one bath units and (1) studio unit.These bright and spacious units average over 800 SF, and two units have been remodeled to the studs. Additionally, the well-maintained property features an upgraded electrical system, mostly copper plumbing, on-site laundry facility and garage parking for 4 cars with open tandem parking for two cars. 1201 S. Alfred presents a significant value-add opportunity to investors, as current rents are approx. 38% below market value for nicely remodeled units in the area.
MLS # 20-632556
Courtesy Of Compass

Property Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: Wall Unit(s) A/C
  • Lot Size: 0.15 Acres
  • Parking Type: Garage, Tandem
  • Roof Type: Unknown

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $8,317Your estimated monthly payment
    $470,00020% Down Payment
    $2,350,000 $1,880,000
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    CARTHAY CENTER ELEMENTARY
    Grades PRESCHOOL-5 | Public School

    Los Angeles, CA 90048
    6351 W OLYMPIC BLVD
    323-935-8173
    0.4
    miles

    Total Students 360
    Student Teacher Ratio 22:1

    School Rating

    3 stars View School Details
    Middle School
    EMERSON COMMUNITY CHARTER SCHOOL
    Grades 6-8 | Public School

    Los Angeles, CA 90024
    1650 SELBY AVE
    310-234-3100
    3.5
    miles

    Total Students 618
    Student Teacher Ratio 21:1

    School Rating

    3 stars View School Details
    High School
    FAIRFAX SENIOR HIGH SCHOOL
    Grades 9-12 | Public School

    Los Angeles, CA 90046
    7850 MELROSE AVE
    323-370-1200
    2.2
    miles

    Total Students 1804
    Student Teacher Ratio 18:1

    School Rating

    4 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Tashbar Sephardic Yeshiva Ketana 0.1 mi Private PRESCHOOL-8
    St. Mary Magdalen Elementary School 0.1 mi Catholic 5-8
    Rabbi Jacob Pressman Academy 0.3 mi Private PRESCHOOL-8
    Mesivta Birkas Yitzchok 0.3 mi Private 9-12
    Cheder Menachem School 0.4 mi Private K-8
    Crescent Heights Boulevard Elementary School 0.5 mi Public PRESCHOOL-5
    International Children's Academy 0.5 mi Private PRESCHOOL-K
    Bais Yaakov Machon 0.5 mi Private 9-10
    Ohr Haemet Institute For Girls 0.5 mi Private 9-12
    Page School-beverly Hills 0.6 mi Private PRESCHOOL-6
    Chabad Israeli Center - Westside Hebrew School 0.6 mi Private K-K
    Chofetz Chaim Los Angeles Affiliate 0.6 mi Private 8-12
    Yula Girls High School 0.6 mi Private 9-12
    Halstrom Academy - Beverly Hills 0.7 mi Private 6-12
    Bais Chana Chabad 0.8 mi Private 9-12
    Shalhevet High School 0.8 mi Private 9-12
    Los Angeles Center For Enriched Studies 0.8 mi Public 6-12
    Bais Chaya Mushka Chabad School 0.8 mi Private 1-8
    Horace Mann Elementary School 0.8 mi Public K-8

    Local Area Information for Los Angeles, CA 90035

    Median Age: 39.1
    Married: 31.6%
    Number of Households: 12,968
    Households with Children: 2,671
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2020 Combined LA Westside Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed.
      This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.