1020 N Alfred St Active Save Request In-Person Tour Request Virtual Tour
West Hollywood,CA 90069
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,480 sqft
Price per Sqft $448
MLS Listing ID 24-384297
Style Country English
Bedrooms 20
Year Built 1950
Lot Size 0.401 Acres
Acres 0.2512
Property Description
1018 - 1020 N Alfred Street is a generational opportunity to acquire two side by side, well maintained properties at the crossroads of West Hollywood and the City of Los Angeles. 18 spacious units with a mix of two (2) 2+1s and sixteen (16) 1+1s. Irreplaceable location north of Melrose Avenue, South of Santa Monica Boulevard. 52% upside in rents, 7.9% Market CAP rate, four 2 car garages (that have ADU conversion possibility) and 23 on-site parking spaces. 4 units can be delivered vacant.*Potential for development*. Extremely desirable area walkable to the best of West Hollywood, the retail and restaurants of Melrose Avenue, Sunset Boulevard and Beverly Hills.
Location
State CA
County Los Angeles
Area West Hollywood Vicinity
Zoning WDR3C*
Rooms
Other Rooms Other
Interior
Heating Wall
Cooling Wall/Window, Other
Flooring Wood
Equipment Other
Laundry Community
Exterior
Garage Detached, Assigned
Garage Spaces 23.0
View Y/N Yes
View City Lights, Tree Top
Building
Story 2
Architectural Style Country English
Level or Stories Two
Others
Special Listing Condition Standard