1020 N Alfred St, West Hollywood, CA 90069

$6,495,000
20
BD
18
BA
14,480
SqFt
List Price
$6,495,000
MLS#
24-384297
Status
ACTIVE
Type
Multifamily
Bedrooms
20
Bathrooms
18
Living Area
14,480

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.

Additional Information

Year Built
1950
View
City Lights, Tree Top
Garage
Detached, Assigned

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Zacuto Group, Jacob Zacuto.

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