1020 N Alfred Street Active

West Hollywood,CA 90069

$ 6495000

- Bed

0 Bath

14480 SqFt


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

Building

New Construction No

Others

Tax ID 5529007028

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