Mid-Wilshire Triplex Investment
854 Alandele Ave, Los Angeles, CA 90036
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Renovated triplex in prime location with value-add potential.
Type:Multifamily
Property size:
3,041 SFLot size:
0.14 AcresPrice / SF:
$575/SF- Added:
- Jan 26, 2026
- Days on Market:
- 105
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 854 Alandele Ave
General Information
- Standard status
- Active
- Size
- 3,041 SF
- Lot size
- 0.14 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1947
Listing agent Raymond A. Rodriguez IV License #CA 01402283
Listing office Lucrum Real Estate Group (818) 581-5829
Listing date Jan 26, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Lucrum Real Estate Group
HighLights
- Prime Mid‑Wilshire/Fairfax location, adjacent to Miracle Mile
- Renovated triplex with three spacious two‑bedroom units featuring modern upgrades
- Value‑add opportunity with one vacant unit, allowing for owner‑occupancy
- Recent capital improvements include new hot water heaters, furnaces (2024), sump pump (2024), and updated rain gutters (2024)
- Private, landscaped garden‑style courtyard with patio, BBQ, and lounge seating
- Garage parking (two‑car and one‑car) provides tenant convenience
Overview
Alandele Court is a two-story triplex located at 854 Alandele Avenue in the Mid-Wilshire/Fairfax area of Los Angeles. Constructed in 1947, the wood-frame building features a pitched roof and smooth stucco exterior. The property encompasses 3,041 square feet of rentable space on a 6,173 square-foot lot. The unit mix consists of three two-bedroom + one-bath apartment homes with renovated interiors, high ceilings, ample storage, and efficient layouts. All units benefit from both front and rear entry access. Two units feature newer central air conditioning, while the third includes a wall-mounted A/C. All units are equipped with new individual hot water heaters and furnaces installed in 2024, in-unit washer/dryer hookups, and interior upgrades. The property is master metered for water and individually metered for gas and electric. Recent capital improvements include a new sump pump and updated rain gutters in 2024. Driveway accessibility on both sides of the property leads to garages positioned on each side of the building. At the rear of the property is a landscaped garden-style courtyard with a patio, BBQ, lounge seating area, and string lighting. Garage parking includes one two-car garage and one single-car garage. The Miracle Mile–adjacent Mid-Wilshire area is centrally positioned between Downtown Los Angeles, Hollywood, and the Westside. The area will also benefit from the forthcoming Metro D Line extension, with a new station projected to open in Winter 2026.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.35802
- Latitude
- 34.05928
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FAQs
What type of property is this?
Triplex - Renovated triplex in prime location with value-add potential.
Where is this triplex located?
The property is located at 854 Alandele Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Prime Mid‑Wilshire/Fairfax location, adjacent to Miracle Mile; Renovated triplex with three spacious two‑bedroom units featuring modern upgrades; Value‑add opportunity with one vacant unit, allowing for owner‑occupancy
