West Hollywood, CA 90069 1020 N Alfred Street
$6,495,000
13 more
Presented By: Jacob Zacuto with Zacuto Group;
Beds • 20
Baths • 18
SQFT • 14,480
Garage • 2
Home Details
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.
Presented By: Jacob Zacuto with Zacuto Group;
Interior Features for 1020 N Alfred Street
Bedrooms
Total Bedrooms20
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths18
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
General for 1020 N Alfred Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.5
Carport Y/NNo
CityWest Hollywood
CoolingWallWindowUnits
CountyLos Angeles
Days on Market110
DirectionsSouth of Santa Monica Boulevard, North of Melrose Avenue
Full Baths
Garage Y/NNo
Gross Income439744.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet17449.0
Lot Size UnitsSquareFeet
MLS AreaC10 - West Hollywood Vicinity
MobileHomeRemainsYNNo
Net Operating Income291310.0
New ConstructionNo
NumberOfUnitsTotal18
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
ViewCityLights
View Y/NYes
Waterfront Y/NNo
Year Built1950
ZoningWDR3C*
Exterior for 1020 N Alfred Street
Building Area Total14480.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.4006
Lot Size Area17449.0
Lot Size SourceOther
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking23.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480