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.
Property Details
Price:
$6,495,000
MLS #:
24384297
Status:
Active
Baths:
0
Address:
1020 N Alfred Street
Type:
Residential Income
Neighborhood:
c10westhollywoodvicinity
City:
West Hollywood
Listed Date:
Apr 25, 2024
State:
CA
ZIP:
90069
Lot Size:
17,449 sqft / 0.40 acres (approx)
Year Built:
1950
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Wood
Heating
Wall Furnace
Exterior
Parking Features
Assigned
Parking Spots
23.00
Stories Total
2
View
City Lights
Financial
Map
Community
- Address1020 N Alfred Street West Hollywood CA
- AreaC10 – West Hollywood Vicinity
- CityWest Hollywood
- CountyLos Angeles
- Zip Code90069
Similar Listings Nearby
- 339 S Oxford Avenue
Los Angeles, CA$8,150,000
4.10 miles away
- 13028 Valleyheart Drive
Studio City, CA$7,995,000
4.61 miles away
- 1429 S Bedford Street
Los Angeles, CA$7,995,000
2.52 miles away
- 5406 Lexington Avenue
Los Angeles, CA$7,995,000
3.88 miles away
- 1221 N Detroit Street
West Hollywood, CA$7,987,000
1.70 miles away
- 5020 Tujunga Avenue
North Hollywood, CA$7,840,000
4.98 miles away
- 153 S Camden Drive
Beverly Hills, CA$7,500,000
2.31 miles away
- 1904 S Robertson Boulevard
Los Angeles, CA$7,400,000
3.19 miles away
- 2725 S La Brea Avenue
Los Angeles, CA$6,990,000
4.31 miles away
- 414 N Palm Drive
Beverly Hills, CA$6,950,000
1.32 miles away
Courtesy of Zacuto Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1020 N Alfred Street
West Hollywood, CA
LIGHTBOX-IMAGES