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
| 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 11/15/2024 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
Contact a Local Realtor®
Nico Narinyants
REALTOR®
Direct: 818.561.9917
Email: Email Me
DRE: 02228834
DRE #01873088
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