Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    1020 Alfred Street, West Hollywood, CA 90069
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    1020 Alfred Street
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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
    • 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.
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    Features
    Building Area Total
    1. 14480.00
    Cooling
    1. Wall/Window Unit(s)
    Country
    1. US
    Flooring
    1. Wood
    Heating
    1. Wall Furnace
    Laundry Features
    1. Community
    Levels
    1. Two
    Netoperatingincome
    1. 291310.00
    Parcel Number
    1. 5529007028
    Parking Features
    1. Assigned
    Postalcodeplus4
    1. 4761
    Sourcesystemkey
    1. 24-384297:CLAW
    Totalexpenses
    1. 135242.00
    View
    1. City Lights
    Year Built
    1. 1950
    Zoning
    1. WDR3C*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836