1020 North Alfred Street
$6,495,000
20
18
14,480
14,480
$449
Description
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...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.
- Listed by Jacob Zacuto • DRE #01377441 • Brokerage DRE #01377441 • Zacuto Group
Property Details for 1020 North Alfred Street
Zoning
WDR3C*
StyleCountry English
Parcel Number5529007028
Total Units18.0
Living Area14480
Source Living AreaOther
AreaWest Hollywood Vicinity (C10)
Vacancy Rate4
LISTING UPDATED: 05/03/2024 12:01 AM
Property Details for 1020 North Alfred Street
Status | Active |
---|---|
MLS # | 24-384297 |
Days on Market | 222 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1950 |
Lot Size | 0.40 AC / 17,449 SF |
County | Los Angeles County |
Building Information for 1020 North Alfred Street
Stories2Residences-Year Built1950Building Size-Lot Size0.40 AC / 17,449 SF
Property Information for 1020 North Alfred Street
Property History for 1020 North Alfred Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1020 North Alfred Street
Taxable ValueLand$142,750Additions$175,198Total$317,948
Tax Record2024$7,132 ($594 / month)
Home Facts
Total Finished SqFt8,040 SqFtAbove Grade Finished SqFt8,040 SqFtLot Size10,954 SqFtStyleMulti-Family Res (5+ Units)Year Built1950ZoningWDR3C*CountyLOS ANGELESAPN5529-007-028
Schools near 1020 North Alfred Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Rosewood Avenue Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Fairfax Senior High School Public9 to 12 | ||
West Hollywood Opportunity School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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