428 N Alta Vista Boulevard, Los Angeles, CA 90036
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
428 N Alta Vista Boulevard,Los Angeles, CA 90036
$2,200,000
- 5 Beds
- - Baths
- 3,150 sq. ft.
- Multi-family
- Active
Listed by: mary anne reyes
Office: pacifica realty management la
MLS#:CL26830245
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$2,200,000
- Price per sq. ft.:$698.41
About this home
High-Income Fairfax Triplex with TOC Tier 3 Development Upside: Experience the vibrant Los Angeles lifestyle in this stylish Spanish-style triplex, just a short stroll from The Grove, Pan Pacific Park, and some of the hottest restaurants along Melrose Avenue and Beverly Boulevard. This well-preserved property features three units, each with rare individual outdoor spaces and lush landscaping. The front house is an inviting 2-bedroom, 2-bathroom Spanish bungalow, complete with a fully equipped kitchen and a charming breakfast/office nook. Enjoy two beautiful outdoor areas adorned with mature bougainvillea and a flourishing lemon tree, perfect for relaxing or entertaining. The middle unit boasts a bright living room, dining area, and a primary bedroom with an ensuite bathroom, plus a cozy second bedroom that opens onto a private patio, ideal for al fresco dining. Nestled atop the Spanish duplex, the delightful third unit features a spacious balcony with lovely views of the hills. Enter through the balcony to discover a versatile bonus room, perfect for a home office or relaxation space. The kitchen opens to the living area, and the bedroom includes a large walk-in closet and an ensuite bathroom with a tub/shower. Additional highlights include in-unit washer/dryers, dedicated off-street parking with two garages and three additional spaces in the shared driveway, a new sewer installed in 2024, and solar panels for the front unit. All units are currently earning market rents with newly signed leases for 2025/2026. The subject parcel carries a (TOC) Tier 3 designation on a 7,700 sf lot with no HPOZ, no historic protections, and no overlay restrictions. This represents a clean development-ready parcel for up to 6 units and 2 ADU's in the highly desirable Fairfax corridor. Critically, the property's existing income of $137,280 annually provides positive cash flow throughout the entitlement period, materially reducing carrying cost risk for a development buyer. Don't miss this opportunity to own a versatile property that meets both lifestyle and investment needs in a prime location....
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Home facts
- Year built:1926
- Listing ID #:CL26830245
- Added:151 day(s) ago
- Updated:October 31, 2026 at 07:50 PM
Rooms and interior
- Bedrooms:5
- Flooring:Laminate, Tile, Wood
- Living area:3,150 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1926
- Building area:3,150 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$2,200,000
- Price per sq. ft.:$698.41
Features and amenities
- Laundry features:Dryer, Washer
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