1020 N Alfred Street

West Hollywood, CA 90069

$6,495,000

List Price

20

bed Beds

18

shower Baths

14,480 sqft

straighten / sqft

1950

calendar_month Built

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.

Listing Information

List Price $6,495,000
Status Active
MLS 24384297
Type Residential Income
Year Built 1950
Lot Size 17,449
Structure Size 14,480
DOM 110
Courtesy Of Zacuto Group
Listing Agent Jacob Zacuto DRE#01377441

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 20
Total Bathroom
Bathrooms 18
Flooring Information
Material Wood
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Jacob Zacuto, Zacuto Group . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:49 PM 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.