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1040 S Alfred St, Los Angeles, CA 90035

Sale Price: $2,250,000
Sep 12, 20244,092 sqft6 beds4 baths
Listed by: Alison MacCracken
License #: 01920182
Phone #: 310-600-8590
Compass
Source:
CRMLS Logo
MLS #: 24439251

Property 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 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,124

TurboHome Estimated Value

$2,120,300

$518 sqft

High Valuation
$2,226,315
$544/sqft
Normal Valuation
$2,120,300
$518/sqft
Low Valuation
$2,014,285
$492/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$518/sqft$2,120,300

Neighborhood: Pico-Robertson

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Comparative Value

$1.60M

$1.80M

$1.91M

$2.03M

$2.25M

$2.30M

1123 S Crescent Heights Blvd, Los Angeles, CA 90035

Sale Price: $1,600,000

Selected Comparable

1219 HI Point St, Los Angeles, CA 90035

Sale Price: $1,800,000

Selected Comparable

1146 S Hayworth Ave, Los Angeles, CA 90035

Sale Price: $1,905,000

Selected Comparable

1141 S Hayworth Ave, Los Angeles, CA 90035

Sale Price: $2,025,800

Selected Comparable

1040 S Alfred St, Los Angeles, CA 90035

Sale Price: $2,250,000

Selected Comparable

1040 S Alfred St, Los Angeles, CA 90035

List Price: $2,299,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1040 S Alfred St, Los Angeles, CA 90035

1040 S Alfred St, Los Angeles, CA 90035

List: $2,299,000

Listed: 9/12/2024

Area:4,092 sqft
Price/sqft:$562
Beds:6
Baths:4
Year Built:
Lot Size:6,753

Comparable Properties

COMPARABLE
Choose comps
1040 S Alfred St, Los Angeles, CA 90035

1040 S Alfred St, Los Angeles, CA 90035

Sale: $2,250,000

3/25/20250.00 mi

Area:4,092 sqft
Price/sqft:$550
Beds:6
Baths:4
Year Built:
Weight:22.0%
1141 S Hayworth Ave, Los Angeles, CA 90035

1141 S Hayworth Ave, Los Angeles, CA 90035

Sale: $2,025,800

6/20/20250.50 mi

Area:3,633 sqft
Price/sqft:$558
Beds:6
Baths:4
Year Built:
Weight:20.2%
1146 S Hayworth Ave, Los Angeles, CA 90035

1146 S Hayworth Ave, Los Angeles, CA 90035

Sale: $1,905,000

10/25/20240.54 mi

Area:4,097 sqft
Price/sqft:$465
Beds:6
Baths:4
Year Built:
Weight:19.9%
1219 HI Point St, Los Angeles, CA 90035

1219 HI Point St, Los Angeles, CA 90035

Sale: $1,800,000

7/8/20250.47 mi

Area:3,366 sqft
Price/sqft:$535
Beds:6
Baths:4
Year Built:
Weight:19.5%
1123 S Crescent Heights Blvd, Los Angeles, CA 90035

1123 S Crescent Heights Blvd, Los Angeles, CA 90035

Sale: $1,600,000

12/26/20240.26 mi

Area:3,474 sqft
Price/sqft:$461
Beds:6
Baths:4
Year Built:
Weight:18.4%

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