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Sold for $2,250,000
  • $2,250,000

    1040 S Alfred St, Los Angeles, CA 90035

    6beds
    4baths
    4,092sqft
    Multi Family
    Built in 1936
    -- sqft lot
    $2,227,100 Zestimate®
    $550/sqft
    $4,894 Estimated rent

    Home value

    $2,227,100

    $2.00M - $2.47M

    $4,894/mo

    Zestimate® history
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    $14,409/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alison MacCracken DRE # 01920182 310-600-8590,

    Compass 310-499-2020

    Bought with:

    Marc 'Meir' Nemetsky, DRE # 01946024

    Power Brokers

    Source: CLAW,MLS#: 24-439251MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer
    Interior area
    • Total structure area: 4,092
    • Total interior livable area: 4,092 sqft

    Property

    Parking
    • Parking features: Garage - 4+ Car, Garage Is Detached
    • Has garage: Yes
    Features
    • Levels: Two
    Lot
    • Size: 6,751 Square Feet
    Details
    • Additional structures: Other
    • Parcel number: 5087006021
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1936

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $550/sqft
    • Tax assessed value: $941,401
    • Annual tax amount: $12,211
    • Date on market: 9/13/2024

    Price history

    DateEventPrice
    3/24/2026Listing removed$5,999$1/sqft
    Source: CLAW #26663383 Report a problem
    3/11/2026Listed for rent$5,999-4%$1/sqft
    Source: CLAW #26663383 Report a problem
    2/19/2026Listing removed$6,250$2/sqft
    Source: CLAW #25628055 Report a problem
    1/29/2026Price change$6,250-3.8%$2/sqft
    Source: CLAW #25628055 Report a problem
    12/12/2025Listed for rent$6,500$2/sqft
    Source: CLAW #25628055 Report a problem
    3/25/2025Sold$2,250,000-2.1%$550/sqft
    Source: CLAW #24-439251 Report a problem
    1/27/2025Pending sale$2,299,000$562/sqft
    Source: CLAW #24-439251 Report a problem
    12/19/2024Contingent$2,299,000$562/sqft
    Source: CLAW #24-439251 Report a problem
    9/13/2024Listed for sale$2,299,000$562/sqft
    Source: CLAW #24-439251 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,211 +1.1%$979,432 +2%
    2024$12,083 +1.9%$960,228 +2%
    2023$11,858 +4.8%$941,401 +2%
    2022$11,321 +1.4%$922,943 +2%
    2021$11,163 -0.2%$904,847 +1%
    2020$11,189 $895,570 +2%
    2019$11,189 +5.6%$878,011 +2%
    2018$10,597 $860,796 +2%
    2017$10,597 +2.2%$843,919 +2%
    2016$10,371 +2.7%$827,372 +1.5%
    2015$10,102 +1.1%$814,946 +2%
    2014$9,995 $798,984 +2.5%
    2012-- $779,779 +2%
    2011-- $764,490 +0.8%
    2010-- $758,777 -0.2%
    2009-- $760,581 +2%
    2008-- $745,669 +2%
    2007-- $731,049 +2%
    2006-- $716,715
    2005-- $716,715 +4%
    2004-- $688,885 +1.9%
    2003-- $676,260 +2%
    2002-- $663,000 +433.9%
    2000-- $124,169
    Find assessor info on the county website

    Neighborhood: South Carthay

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,227,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,227,100