1020 N Alfred ST Active Save Request In-Person Tour Request Virtual Tour
West Hollywood,CA 90069
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,480 sqft
Price per Sqft $448
MLS Listing ID 24384297
Bedrooms 20
Year Built 1950
Lot Size 0.401 Acres
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 C10 - West Hollywood Vicinity
Zoning WDR3C*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Laundry Common Area
Exterior
Garage Assigned
View Y/N Yes
View City Lights
Building
Story 2
New Construction No
Others
Special Listing Condition Standard