Thank you
Jacob Zacuto
Zacuto Group
310-469-9300
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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Total Bedrooms : 20
Total Baths: 18
Full Baths: 0
Half Baths: 0
Flooring: Wood
Wall/Window Unit(s)
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1950
Building Area Total: 14,480
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.4006
Lot Size Source: Other
Lot Size Square Feet: 17449
Original List Price: 6,495,000
Listing Contract Date: 2024-04-25
Listing Agreement: Seller Reserved
Parcel Number: 5529007028
Garage Description: Assigned
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C10 - West Hollywood Vicinity
Postal Code Plus 4: 4761
Directions: South of Santa Monica Boulevard, North of Melrose Avenue
Zoning: WDR3C*
Source Property Type: Residential Income
Area: C10 - West Hollywood Vicinity
Property Age: 74
Year Built Source: Vendor Enhanced
Total Square Feet Living: 14480
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
8420 Sunset Boulevard #.., West Hollywood, CA,90069 | $3,600,000 | 2 | 2 | 2,726 | -- |
9255 Doheny Road #706, West Hollywood, CA,90069 | $2,980,000 | 2 | 3 | 1,672 | 32163 Sqft |
1235 N Olive Drive, West Hollywood, CA,90069 | $10,900,000 | -- | -- | -- | 14986 Sqft |
1229 N Olive Drive, West Hollywood, CA,90069 | $10,900,000 | -- | -- | -- | 14986 Sqft |
1223 Larrabee Street #4, West Hollywood, CA,90069 | $1,395,000 | 1 | 2 | 1,576 | 6999 Sqft |
1023 Hancock Avenue #114, West Hollywood, CA,90069 | $614,900 | 1 | 1 | 671 | 31001 Sqft |
1659 Marlay Drive, West Hollywood, CA,90069 | $10,500,000 | 6 | 8 | 7,049 | 21546 Sqft |
843 1/2 Westbourne Drive, West Hollywood, CA,90069 | $2,425,000 | 6 | -- | 3,240 | 6644 Sqft |
8787 Shoreham Drive #B7, West Hollywood, CA,90069 | $395,000 | -- | 1 | 304 | 48008 Sqft |
Woods Dr., West Hollywood, CA,90069 | $225,000 | -- | -- | -- | 4974 Sqft |
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ByOwner last updated this listing 05/15/2024 @ 03:01
MLS: 24384297
LISTED BY: Jacob Zacuto, Zacuto Group
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.