1020 N Alfred Street Active Save Request In-Person Tour Request Virtual Tour
West Hollywood,CA 90069
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