$6,495,000
1020 N Alfred Street West Hollywood, CA 90069
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$6,495,000
Est. payment /mo
14,480 SqFt
Active
1020 N Alfred Street West Hollywood, CA 90069
UPDATED:
05/03/2024 12:35 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 14,480 sqft
Price per Sqft $448
MLS Listing ID CL24384297
HOA Y/N No
Year Built 1950
Lot Size 0.401 Acres
Acres 0.4
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 Listing
Zoning WDR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace No
Laundry Community Facility
Exterior
View Y/N true
View City Lights
Parking Type Assigned
Building
New Construction No
Others
Tax ID 5529007028
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Listed by Jacob Zacuto • Zacuto Group
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