West Hollywood, CA 90069,1020 N Alfred St
West Hollywood, CA 90069,1020 N Alfred St
West Hollywood, CA 90069,1020 N Alfred St
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$6,495,000
Est. payment /mo
20 Beds
18 Baths
14,480 SqFt
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UPDATED:

05/03/2024 07:01 AM

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


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TheMLS (CLAW)
Listed by Zacuto Group

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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