Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Lot size

7,636 sqft

Year built

1900

Garage spaces

3

Heating

None

Cooling

None

Pool

None

View

City Lights

Status

Active

Days on market

3

MLS #

247560711

About this property

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.

Location

1037 Alpine Street

Los Angeles, Los Angeles, CA, 90012