1020 N Alfred Street West Hollywood, CA 90069
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 TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site14 Days
- MLS StatusActive
- MLS ID Number24384297
- Home Size Source Other
- Year Built1950
- Lot Size0.4006 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Assigned
- Parking Spaces 23
- Number of Stories 22
- Acreage 0.4006
- Attached Garage No
- Zoning WDR3C*
- Listing Conditions Standard
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating Wall Furnace
- Flooring Wood
- Laundry Features Community
Exterior Features
- View City Lights
Community Features
- Senior Community No
- MLS Area C10 - West Hollywood Vicinity