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Buy a propertyat 1020 N Alfred Street, West Hollywood, CA 90069

$6,995,000

$0/mo

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Multifamily

14,480 Sq. Ft.

17,449 Sq. Ft. lot

20 Bedrooms

0 Bathrooms

348 Days on market

23273075 MLS ID

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About 1020 N Alfred Street property

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. 55% upside in rents, four 2 car garages (that have ADU conversion possibility) and 23 on-site parking spaces. 3 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.
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. 55% upside in rents, four 2 car garages (that have ADU conversion possibility) and 23 on-site parking spaces. 3 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 details

Bathrooms

18 total bathrooms

Bedrooms

20 total bedrooms

House

2 total stories

Built in 1950

14,480 sqft living area

14480 total building sqft

Cooling

Wall/Window Unit(s)

Floors

Wood

Heating

Wall Furnace

Income

Gross Income: 415092

Net Operating Income: 262104

Laundry

Common Area

Listing

Listing ID: 23273075

8 days on market

Listed on 2023-05-22

Location

County: Los Angeles

Lot

17449 sqft

0.4006 acres

Area: 17449

Parking

23 total parking spaces

Assigned

Property

2 buildings

18 units

City Lights

Monthly cost

Estimated monthly cost

$44,575/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$6,575,300

+$209,850

$6,785,150

Seller agent commission$209,850 (3%)*

$0 (0%)

Buyer agent commission$209,850 (3%)*

$209,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $209,850 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 4, 2024 at 7:36 a.m.

Data updated: May 30, 2023 at 9:11 a.m.

Property listed by Zacuto Group, Jacob Zacuto
Based on information from California Regional Multiple Listing Service, Inc. as of 05/30/2023 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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