1037 Alpine Street, Los Angeles, CA 90012

$1,220,000

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List Price
$1,220,000
Status
ACTIVE
MLS#
P1-29027
Year Built
1900
Lot Size
7,636
Acres
0.18
Lot Location
Sprinklers None
Days on Market
125
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Not Applicable

Property Description

1037 Alpine is a vacant triplex offering flexibility for both investors and owner-users. Investors can take advantage of a property positioned in a neighborhood experiencing continued investment and an expanding mix of culinary, creative, and lifestyle destinations. Owner-users can live in the detached rear residence while using income from the two front units to help offset the monthly mortgage.The property consists of a Victorian front house divided into two one-bedroom, one-bath residences with a detached garage and a two-story rear home with four bedrooms, one-and-a-half baths, and an attached garage. Delivered entirely vacant, 1037 Alpine gives a new owner control from day one.Beyond the property itself is a neighborhood with a remarkable sense of continuity. Eastside Italian Deli has anchored the block since 1929, a nearly century-long presence that speaks to the enduring character of Victor Heights. Today, that history is joined by a new generation of destinations: Process Yoga Studio sits next door, while Alpine Courtyard, just around the corner, brings together a roster of Los Angeles chefs and restaurateurs. Heavy Water Coffee, Baker's Bench, Cassell's, and Perilla LA are already part of the growing neighborhood fabric. Across the street, the Los Feliz Flea draws collectors, makers, and design enthusiasts each week.Just a stone's throw away, Elysian Park offers miles of trails, open green space, and a welcome escape from the pace of the city, while Dodger Stadium lies just to the north. Chinatown is immediately to the south, with Downtown Los Angeles beyond - bringing world-class dining, galleries, museums, theaters, music venues, nightlife, and the city's celebrated arts and entertainment scene within easy reach. Victor Heights remains compact and distinctly residential, yet it is surrounded by some of Los Angeles' most dynamic destinations.Don't miss this opportunity and make it 'Where Your Home Happens.'Please note, some images contain virtual staging.

Additional Information

Appliances
Gas Range
Pool Description
None
Fireplace Description
Living Room
Heat
None
Cooling Description
None
View
City Lights
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Gross Scheduled Income
$104,400
Operating Expense
30700

Listing courtesy of Listing Agent: Cynthia Cohn (cynthia@cynthiacohn.com) from Listing Office: BHHS California Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.