515 N Alfred Street
West Hollywood, CA 90048
- – beds
- – baths
- – sqft
- 15,919 sqft lot
- 1961 build
- – on site
More homes
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jan 2, 2025
•
MLS# 24469965 —
The Building
-
Year Built:1961
-
New Construction:No
-
Building Area Total:18524.00
-
Total Number Of Units:18
-
# of Buildings:1
Interior
-
Levels:Two
Financial & Terms
-
Disclosures:LA/Owner Related
Location
-
Directions:On Alfred St just south of Melrose Ave
-
Latitude:34.08064000
-
Longitude:-118.37563900
The Property
-
Property Type:Residential Income
-
Zoning:WDR3C*
-
Lot Size Area:15919.0000
-
Lot Size Acres:0.3654
-
Lot Size SqFt:15919.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5528018046
Appliances
-
Included:Yes
The Community
-
Association:No
-
Senior Community:No
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Covered
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/31/24
Dec 31, 2024
|
Sold | CRMLS_CA | $6,250,000 | -6.0% |
|
12/10/24
Dec 10, 2024
|
Pending | CRMLS_CA | $6,650,000 | |
|
12/6/24
Dec 6, 2024
|
Listed / Active | CRMLS_CA | $6,650,000 |
