428 N Alta Vista Blvd, Los Angeles, CA 90036
428 N Alta Vista Blvd, Los Angeles, CA 90036
428 N Alta Vista Blvd, Los Angeles, CA 90036
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,200,000
Est. payment /mo
5 Beds
5 Baths
3,150 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,150 sqft

Price per Sqft $698

MLS Listing ID 26830245

Style Spanish

Bedrooms 5

Year Built 1926

Lot Size 7,701 Sqft

Acres 0.1768

Property Sub-Type Multi-Family

Property Description

Experience the vibrant Los Angeles lifestyle in this stylish Spanish-style triplex, just a short stroll from The Grove, Pan Pacific Park, and some of the hottest restaurants along Melrose Avenue and Beverly Boulevard. This well-preserved property features three units, each with rare individual outdoor spaces and lush landscaping. The front house is an inviting 2-bedroom, 2-bathroom Spanish bungalow, complete with a fully equipped kitchen and a charming breakfast/office nook. Enjoy two beautiful outdoor areas adorned with mature bougainvillea and a flourishing lemon tree, perfect for relaxing or entertaining. The middle unit boasts a bright living room, dining area, and a primary bedroom with an ensuite bathroom, plus a cozy second bedroom that opens onto a private patio, ideal for al fresco dining. Nestled atop the Spanish duplex, the delightful third unit features a spacious balcony with lovely views of the hills. Enter through the balcony to discover a versatile bonus room, perfect for a home office or relaxation space. The kitchen opens to the living area, and the bedroom includes a large walk-in closet and an ensuite bathroom with a tub/shower. Additional highlights include in-unit washer/dryers, dedicated off-street parking with two garages and three additional spaces in the shared driveway, a new sewer installed in 2024, and solar panels for the front unit. All units are currently earning market rents with newly signed leases for 2025/2026. The subject parcel carries a (TOC) Tier 3 designation on a 7,700 sf lot with no HPOZ, no historic protections, and no overlay restrictions. This represents a clean development-ready parcel for up to 6 units and 2 ADU's in the highly desirable Fairfax corridor. Critically, the property's existing income of $137,280 annually provides positive cash flow throughout the entitlement period, materially reducing carrying cost risk for a development buyer. Don't miss this opportunity to own a versatile property that meets both lifestyle and investment needs in a prime location.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR2

Rooms

Other Rooms None

Dining Room 1

Interior

Heating Wall

Cooling Ceiling Fan, Window Unit(s), Wall Unit(s)

Flooring Hardwood, Laminate, Tile

Equipment Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Refrigerator, Range/Oven, Vented Exhaust Fan, Washer

Laundry In Unit

Exterior

Parking Features Garage - 2 Car, Shared Driveway

Garage Spaces 5.0

Waterfront Description None

Building

Architectural Style Spanish

Level or Stories Multi/Split

Others

Special Listing Condition Standard


Read Less Info
TheMLS (CLAW)
Listed by Pacifica Realty Management LA

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

original_355e300d-2f46-42e1-9f79-a73b0ca9d5fb