$6,495,000
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1020 Alfred Street West Hollywood, CA 90069
Cluster
Residence
20
Beds
18
Baths
14,480
Sq. Ft.
0.4
Acre
Lot
Property Activity
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days
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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.
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MLS#
24384297
Property Type
Cluster
Status
Bedrooms
20
Bathrooms
Year Built
1950
Square Feet
14,480
sq. ft
Lot Size
0.4
Stories
2.0
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