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

1020 North Alfred Street

^$ 6,495,000

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Recently Listed

1020 North Alfred Street

West Hollywood, CA, 90069

^$ 6,495,000

Studio Baths0.0 Sq 14,480

Monthly Estimate*

^$ 45,370

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1020 North Alfred Street, West Hollywood, CA 90069 - Image 8

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

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

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

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

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Studio

Multi-Family Home for sale in West Hollywood, CA

for $6,495,000. This 14,480 square foot home was built in 1950 on a lot size of 0.4.

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

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4

Year Built

1950

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

0024384297

Features

General

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning WDR3C*

Year Built 1950

View City Lights

Levels Two

County Los Angeles

Net Operating Income 291310.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City West Hollywood

Buyer Agent Compensation 2.00

View Y/N Yes

Senior Community Y/N No

MLS Area C10 - West Hollywood Vicinity

Lot Size Square Feet 17449.0

Street Name Alfred

Standard Status Active

Buyer Agent Compensation Type %

Interior

Flooring Wood

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Street Suffix Street

Laundry Features Community

Total Baths 0

Exterior

Parking Features Assigned

Lot Size Area 17449.0

Building Area Total 14480.0

Lot Size Acres 0.4

Lot Size Units Square Feet

Land Lease Type Fee

* Excluded Features

List By

Jacob Zacuto

Listing Agent

Zacuto Group

Broker

Affordability Calculator

$45,370

Per Month

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

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Interest Rate

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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 ^$3,606,677

Percent of Sale Price 44%

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/3/2024	$6,495,000		Listed Price

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1020 North 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 0.4. 1020 North Alfred Street is a studio with 0.0 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/3/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1020 North Alfred Street

Multi-Family Home for sale in West Hollywood, CA

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