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Backup Offers

1040 S Alfred St, Los Angeles, CA, 90035

$2,299,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Baths
4,092 SqFt
$562/SqFt
House

Location

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1040 S Alfred St, Los Angeles$2,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1936
HeatingCentral
CoolingCentral Air
MLS #24439251
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1040 S Alfred St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Stories: 0
  • Living Area: 4,092 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 499-2020
  • Listing Agent: Alison MacCracken

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Olympic to Alfred St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,299,000
  • Price Per SqFt: $562/SqFt

Tax Information:

  • Annual Amount: $11,163
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1040 S Alfred St vs Los Angeles

104 DAYS ON ROCKET

+66 Days

$2,299,000

+$1.2M More

$562/SqFt

-$78 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $78/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24439251

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 499-2020
  • Listing Agent: Alison MacCracken

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/26/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 11, 2000Home Sold
$630,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,163$904,847
2020$10,753$895,570
2019$10,597$878,011
2018$10,371$860,796
2017$10,371$843,919

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,959

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1609146
5
/10
  • Carthay School

  • 6351 W Olympic Blvd

  • 0.32 miles

  • Public Magnet Grades KG-5

school-card-donut-1609147
5
/10
  • Crescent Heights Blvd School

  • 1661 S Crescent Heights Blvd

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-1609148
8
/10
  • Canfield Avenue Elementary School

  • 9233 Airdrome St

  • 1.06 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,099. The most common annual income of people living in Los Angeles, CA is between $100k-200k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1040 S Alfred St

What is the listing price of this property?

The listing price of 1040 S Alfred St property is $2,299,000.

What type of property is this?

The property 1040 S Alfred St is a house located in Los Angeles, California, 90035.

Is this property for sale now?

Accepting Backup Offers: 1040 S Alfred St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $11,163 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 11, 2000 for $630,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1040 S Alfred St has 6 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1040 S Alfred St is 4,092 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1040 S Alfred St is 1936.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900351040 S Alfred St

This home is located at 1040 S Alfred St in Los Angeles, CA and zip code 90035 in the Central LA neighborhood. This 4,092 square foot home, which was built in 1936, sits on a 0.15 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $2,299,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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