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515 N Alfred St
West Hollywood, CA 90048
Multifamily Property For Sale
·
18 Units
Investment Highlights
- First Time for Sale in Over 50 Years!
- 18 Unit Apartment Building
- Large Units Averaging Over 1,000 SF- Priced Attractively At $359/SF
- Prime West Hollywood Location - Just Steps Away from Shopping, Dining and Entertainment on Melrose Ave and Santa Monica Blvd
- Excellent Unit Mix Consisting of Mostly 2 Bedroom Units
- Significant Upside in Rents (Over 40% Upside)
Property Facts
| No. Units | 18 | Lot Size | 0.37 AC |
| Property Type | Multifamily | Building Size | 18,524 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.46/1,000 SF |
| Zoning | WDR3C - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 18,524 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | WDR3C - Restricted Density Multiple Dwelling One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+2 | 13 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 5528-018-046 | Improvements Assessment | $2,500,000 |
| Land Assessment | $3,750,000 | Total Assessment | $6,250,000 |
Property Taxes
Parcel Number
5528-018-046
Land Assessment
$3,750,000
Improvements Assessment
$2,500,000
Total Assessment
$6,250,000
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