1020 Alfred Street, West Hollywood, CA 90069
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- MLS#: 24384297 ( )
- Street Address: 1020 Alfred Street
- Viewed: 3
- Price: $6,495,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1950
- Bldg sqft: 0
- Days On Market: 286
- Additional Information
- County: LOS ANGELES
- City: West Hollywood
- Zipcode: 90069
- Provided by: Zacuto Group
- Contact: Jacob Jacob
- DMCA Notice
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Description1018 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.
Property Location and Similar Properties
Features
Building Area Total
- 14480.00
Cooling
- Wall/Window Unit(s)
Country
- US
Flooring
- Wood
Heating
- Wall Furnace
Laundry Features
- Community
Levels
- Two
Netoperatingincome
- 291310.00
Parcel Number
- 5529007028
Parking Features
- Assigned
Postalcodeplus4
- 4761
Sourcesystemkey
- 24-384297:CLAW
Totalexpenses
- 135242.00
View
- City Lights
Year Built
- 1950
Zoning
- WDR3C*