1040 South Alfred Street

Los Angeles, CA 90035

$2,299,000
Price
6
Beds
4
Baths
4,092 Sq. Ft.
$562 / Sq. Ft.
4,092
Sq. Ft.
$562
per Sq. Ft.

Description

Nestled in the highly coveted Historic Preservation Overlay Zone (HPOZ) of South Carthay, this stunning 1936 Spanish duplex offers timeless charm and modern convenience. Located just two city blocks from the upcoming La Cienega/Wilshire Metro stop, this property is perfectly positioned at the intersection of old-world elegance and a future-forward lifestyle. Bordering Beverly Hills and La Cienega Park, this timeless duplex boast two large units (approximately 2000sf each), classic Spanish architectural...Nestled in the highly coveted Historic Preservation Overlay Zone (HPOZ) of South Carthay, this stunning 1936 Spanish duplex offers timeless charm and modern convenience. Located just two city blocks from the upcoming La Cienega/Wilshire Metro stop, this property is perfectly positioned at the intersection of old-world elegance and a future-forward lifestyle. Bordering Beverly Hills and La Cienega Park, this timeless duplex boast two large units (approximately 2000sf each), classic Spanish architectural details including arched doorways, hardwood floors, and original tile work. Each unit is thoughtfully designed with generous living spaces, abundant natural light, and period touches that highlight the home's historic character.Whether you're looking for an investment opportunity or a multi-generational living solution, this property offers flexibility and potential. The upstairs unit is vacant and recently underwent a full kitchen remodel, in addition to freshly sanded floors, new paint, new luxury wool carpeting, and new based boards. This unit features three large bedrooms plus a den and two bathrooms. The downstairs unit, which is tenant occupied, underwent a kitchen remodel 5 years ago and is complete with hardwood floors throughout and a California basement. The downstairs unit floorpan is the same 3br/2ba layout as upstair without the den. In addition to multiple upgrades, such as 200 amp electrical panel, new garage roof, central heating and air, beautiful landscaping (orange, lemon and grapefruit tree on the property as well), this property has been lovingly maintained over the years. In the rear of the property, you'll find a detached 4-Car gargage, which can be converted to an ADU, or offer prime storage. With a prime location close to world-class shopping, dining, and entertainment, plus easy access to public transportation, this is a rare opportunity to own a piece of Los Angeles history in one of the city's most desirable neighborhoods.

Listing Agent

  1. Alison MacCracken

    Alison MacCracken

    Listing Agent

    Compass

    DRE #01920182

Property Details for 1040 South Alfred Street

Zoning
LAR2
Parcel Number
5087006021
Total Units
2.0
Living Area
4092
Source Living Area
Vendor Enhanced
Area
Beverly Center-Miracle Mile (C19)
Vacancy Rate
1 unit
Lot Size Area
6753
LISTING UPDATED: 12/19/2024 01:59 PM

Property Details for 1040 South Alfred Street

StatusActive Under Contract
MLS #24-439251
Days on Market98
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1936
Lot Size0.16 AC / 6,753 SF
CountyLos Angeles County

Building Information for 1040 South Alfred Street

Stories-Residences-Year Built1936Building Size-Lot Size0.16 AC / 6,753 SF

Property Information for 1040 South Alfred Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Residential
Contract Info
Contract Info
  • Disclosures: Other, LA/Owner Related
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.155
  • Lot Size Square Feet: 6753
Parking Details
Parking Details
  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 0
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Garbage Disposal, Dryer
  • Laundry: Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 09-12-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $6,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $4,060.00
  • Unit Projected Rent: $6,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $362,074.00
  • Assessed Improvement Percent: 38.46
  • Assessed Land Value: $579,327.00
  • Assessed Land Percent: 61.54
  • Assessed Total Value: $941,401.00

Property History for 1040 South Alfred Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1040 South Alfred Street

Taxable ValueLand$590,913Additions$369,315Total$960,228
Tax Record2024$12,083 ($1,007 / month)
Home Facts
Total Finished SqFt4,092 SqFtAbove Grade Finished SqFt4,092 SqFtLot Size6,751 SqFtStyleDuplexYear Built1936ZoningLAR2CountyLOS ANGELESAPN5087-006-021

Schools near 1040 South Alfred Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Carthay Center Elementary
PublicK to 5

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

Los Angeles Center For Enriched Studies
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Alison MacCracken, DRE #01920182

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.