1020 N Alfred Street, West Hollywood, CA 90069 (MLS # 24384297)
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 Type(s):
Residential Income
Last Updated
|
4/25/2024
|
Year Built
|
1950
|
Community
|
West Hollywood Vicinity
|
County
|
Los Angeles
|
Additional Details
AIR |
Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
AREA |
West Hollywood Vicinity |
BUYER'S BROKERAGE COMPENSATION |
2.000 % |
GARAGE |
Assigned |
HEAT |
Wall Furnace |
LOT |
0.4 acre(s) |
PARKING |
Assigned |
STORIES |
2 |
VIEW |
Yes |
VIEW DESCRIPTION |
City Lights |
ZONING |
WDR3C* |
Location
Listed with Zacuto Group
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