515 N Alfred Street

West Hollywood, CA 90048

  • 33 Bed(s)
  • 0 Bath(s)
  • 18,524 Sqft
  • 15919
    Sqft(Lot)
$6,650,000

Description

We are pleased to present 515 n alfred st, a rare 18-unit apartment building in the heart of west hollywood, a highly desirable area in los angeles, california. built in 1961, the property consists of (4) one-bedroom + one-bathroom units, (13) two-bedroom + two-bathroom units, and (1) unique owner's penthouse, with three-bedrooms + 2 bathrooms, and breathtaking views. located on a charming, tree-lined street, the building is 18,254 gross square feet and sits on a 15,919-square-foot lot. residents enjoy unparalleled access to world-class dining, retail shops, and entertainment along the renowned sunset strip and santa monica blvd, with beverly hills and hollywood just minutes away. this prime location ensures excellent connectivity via la cienega blvd and santa monica blvd, offering both lifestyle and convenience. the building's resort-style layout offers an inviting atmosphere, perfect for tenants seeking a luxurious living experience. with lovely, responsible tenants in place and easy maintenance features, this property promises a hassle-free investment. it presents a value-add investment opportunity, offering a 4.22% initial cap rate with the potential to achieve 7.04% once units turnover. don't miss your chance to own a piece of this thriving community where culture and sophistication meet.***unit 209 was occupied by the seller through an owner occupancy eviction around may 2017. this unit will be delivered vacant at close of escrow. please contact agent for details regarding owner occupancy evictions in the city of west hollywood.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47987421

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Property Details

  • Bedroom Information

    • Total Bedrooms : 33

    Bathroom Information

    • Total Baths: 32
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1961
    • Building Area Total: 18,524

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3654
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 15919

  • Listing Price Information

    • Original List Price: 6,650,000
    • Listing Contract Date: 2024-12-06

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5528018046

  • Garage and Parking

    • Garage Description: Covered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: C10 - West Hollywood Vicinity
    • Directions: On Alfred St just south of Melrose Ave
    • Zoning: WDR3C*
    • Source Property Type: Residential Income
    • Area: C10 - West Hollywood Vicinity

    Building and Construction

    • Property Age: 63
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 18524
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/22/2024 @ 03:28

  • MLS: 24469965
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 33 bedrooms which is recently sold, it has 18,524 sqft, 15,919 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90048, this Los Angeles County Home are nearby neighborhoods.