1020 N Alfred Street West Hollywood, CA ^$ 6,495,000

1020 N Alfred Street

^$ 6,495,000

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Recently Listed

1020 N Alfred Street

West Hollywood, CA, 90069

^$ 6,495,000

Bedrooms20 Baths18.0 Sq 14,480

Monthly Estimate*

^$ 45,370

Listed by Zacuto Group

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1020 N Alfred Street, West Hollywood, CA 90069 - Image 9

1020 N Alfred Street, West Hollywood, CA 90069 - Image 10

1020 N Alfred Street, West Hollywood, CA 90069 - Image 11

1020 N Alfred Street, West Hollywood, CA 90069 - Image 12

1020 N Alfred Street, West Hollywood, CA 90069 - Image 13

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Multi-Family Home for sale in West Hollywood, CA

for $6,495,000 with 20 bedrooms and 18 full baths. This 14,480 square foot home was built in 1950 on a lot size of 0.4006.

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.

Multi-Family Active

Price

^$ 6,495,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4006

Year Built

1950

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

24384297

Days on Market

Features

General

Heating WallFurnace

Cooling WallWindowUnits

Zoning WDR3C*

Year Built 1950

View CityLights

Stories 2

Levels Two

Gross Income 439744.0

County Los Angeles

Net Operating Income 291310.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions South of Santa Monica Boulevard North of Melrose Avenue

City West Hollywood

View Y/N Y

Senior Community Y/N N

Total Units 18

MLS Area C10 - West Hollywood Vicinity

Lot Size Square Feet 17449.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Alfred

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Cap Rate 4.5

Interior

Flooring Wood

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Laundry Features CommonArea

Total Bedrooms 20

Electric On Property Y/N N

Total Baths 18

Exterior

Parking Features Assigned

Total Parking 23.0

Lot Size Area 17449.0

Number of Buildings 2

Spa N

Building Area Total 14480.0

Lot Size Acres 0.4006

Lot Size Units SquareFeet

Lot Size Source Other

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1020

* Excluded Features

List By

Zacuto Group

Broker

(310) 469-9012

Phone

Affordability Calculator

$45,370

Per Month

Monthly Principal & Interest: $45,370
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in West Hollywood, CA

Average List Price ^$3,706,496

Percent of Sale Price 43%

About West Hollywood, CA

35,971 Population

1% Since 2002

^$69,697 Median Income

43.33 Median Age

4% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/26/2024	$6,495,000		Listed Price

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1020 N Alfred Street, West Hollywood, CA, 90069 is a Multi-Family Home for sale at $6,495,000 with 14,480 sqft and a lot size of 0.4006. 1020 N Alfred Street has 20 bedrooms, 18.0 baths, and was built in 1950. The property's zip code is 90069 which is in West Hollywood, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1020 N Alfred Street

Multi-Family Home for sale in West Hollywood, CA

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