1020 N Alfred Street

West Hollywood, CA 90069 Active for $6,495,000
 


Beds: 20  Baths: 18  Structure Size: 14,480 sqft  Lot Size: 17,449 sqft


Property Facts
MLS 24384297
Year Built 1950
Property Type
County Los Angeles
Status Active
Active $6,495,000
Structure Size 14,480 sqft
Lot Size 17,449 sqft
Beds 20
Baths 18

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.

Listing information courtesy of: Jacob Zacuto, Zacuto Group . *Based on information from the Association of REALTORS/Multiple Listing as of 10/07/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.


Location


Walkscore

Very Walkable

90%

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