1004 N Alfred St | Los Angeles, CA 90069

Written By Michael Monempour

SALE PRICE: $3,500,000

PRICE/UNIT: $500K          PRICE/SF: $449                  GRM: 19.2                 CAP RATE: 3.07%

TRANSACTION HIGHLIGHTS

  • AAA+ Prime West Hollywood location - one of the trendiest neighborhoods in Los Angeles

  • TREMENDOUS value-add opportunity with 40% upside in market rents

  • WALKER’S PARADISE! Close distance to an array of fine dining options, nightlife and entertainment options

  • EXCELLENT unit composition with one 3 bed/2 bath, two 2 bed/2 bath, two 1 bed/1 bath two studio/1 bath units

  • SPACIOUS units averaging 1,113 SF each and separately metered for gas and electricity

  • AMPLE parking for all units and on site laundry facility for tenants

  • SOLD off market - Michael Monempour represented both buyer and seller in the transaction

 
Free Property Valuation
Michael Monempour
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939 N Alfred St | West Hollywood, CA 90069