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1020 N Alfred St West Hollywood, CA, 90069
$6,495,000 Commercial for sale Other
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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Property details
14,480 sqft interior area
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City Lights
Land area
17,449 sqft (0.40 acres)
Days on Verhouse
20
Address
1020 N Alfred St, West Hollywood, CA, 90069
City of California
West Hollywood
County
Los Angeles
Year Built
1950
District
Listing
Nearby major retailers
Trader Joe's
Whole Foods Market
T-Mobile
Gucci
Tom Ford
Toyota
Supermarket: 14
Mobile phone: 8
Clothes: 2
Car: 1
Car repair: 1
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Interior Features
Wood floors
Floor Covering
Wood
Garage & Parking
Assigned
Listed by
Jacob Zacuto, Zacuto Group
Name
Jacob Zacuto
License number
01377441
Brokerage company
Zacuto Group
MLS #
CL24384297
Payment calculator
Calculate your monthly payments
Mortgage
$19,942
Taxes
$0
HOA dues
$0
Mortgage
$1,299,000 / 20%
2.28%
30 years
Your amount
$19,942 / month
Lot details
TMK #5529007028
Parcel nr.
5529007028
90069 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90069
33%
Families with children
National average: 39%
62%
Non family households
447,916
Population
$135,967
Average Income
Age & gender
Median age 40 years
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Commute types
75% commute by car
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Education level
39% have bachelor education
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Number of employees
1% work in retail trade
More info
Vehicles available
53% have 1 vehicle
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Vehicles by gender
53% have 1 vehicle
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Housing market insights for
$2.62m
Neighborhood average
sales price*
sales price*
$1.77m
Neighborhood median
sales price*
sales price*
747
Number
of sales*
of sales*
Housing type
35% are apartments
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Rooms
37% of the houses have 2 or 3 rooms
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Bedrooms
44% have 2 or 3 bedrooms
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Owners vs Renters
67% are renters
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18.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Apr 25, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 25, 2024 | New Listing | $6,495,000 -7.15% | 0 | MLS #CL24384297 |
| Jan 2, 2024 | Unavailable | $6,995,000 | 0 | MLS #CL23273075 |
| May 22, 2023 | New Listing | $6,995,000 | 0 | MLS #CL23273075 |
Taxes of 1020 N Alfred St, West Hollywood, CA, 90069
WDR3 zoning / MLS #CL24384297
Zoning
WDR3
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Frequently Asked Questions about 1020 N Alfred St
What is 1020 N Alfred St?
1020 N Alfred St is a Commercial/Industrial propertywith 14,480 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1020 N Alfred St, West Hollywood, CA, 90069.
What comparable properties are nearby?
Comparable nearby commercial properties include 8814 Harratt St, 8225 Fountain Ave, 1244 Larrabee St, 1316 Havenhurst Dr, 909 N San Vicente Blvd, 866 Hilldale Ave.
Based on information from the bridgeMLS as of 05-14-2024. 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.
Listing last updated on: May 03, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Gelson's Market, 0.23 miles away and Trader Joe's, 0.28 miles away.
The 90069 zip area has a population of 447,916, and 33% of the families have children. The median age is 40.1 years and 75% commute by car. The most popular housing type is "apartment" and 67% is renter.
