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849-- 851 N Alfred St

Los Angeles, CA 90069
  • $11,900,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 22-134171
UPDATED: 9 min ago
$11,900,000
  • 8
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,900
    SQFT
  • $2,429
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:

School Ratings & Info

Description

An exceptional opportunity for investment and future development double lot package. Sold together with 843-845 N Alfred Street, in prime location by Melrose Place, presents dual properties on corner lot with ally behind on a huge combined lot size of 14,337 square feet. 849-851 features 2 residences with 2 bedrooms and 1.5 bath and 2 residences with 2 bedrooms and 1 bath. The building was recently renovated with brand new plumbing, electrical, structural and foundation, windows, floors, kitchens, bathrooms, appliances, with in-unit washer dryer. Combined with 843-845 (see MLS#22-134167), these properties are offered as a package at $11,900,000 and provide the future opportunity for the potential development of 34 residences.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T21:42:57.743. 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.
www.searchdesertrealestate.com/homes/127083428
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849-- 851 N Alfred St Los Angeles, CA 90069

  • Price: $11,900,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 9 min ago
  • MLS #: 22-134171
8
Beds
0
Baths
0
½ Baths
0.18
Acres
4,900
SQFT
$2,429
$/SQFT
1929
Built
Neighborhood:
West Hollywood Vicinity
County:
Los Angeles
Area:
West Hollywood Vicinity
Property Description
An exceptional opportunity for investment and future development double lot package. Sold together with 843-845 N Alfred Street, in prime location by Melrose Place, presents dual properties on corner lot with ally behind on a huge combined lot size of 14,337 square feet. 849-851 features 2 residences with 2 bedrooms and 1.5 bath and 2 residences with 2 bedrooms and 1 bath. The building was recently renovated with brand new plumbing, electrical, structural and foundation, windows, floors, kitchens, bathrooms, appliances, with in-unit washer dryer. Combined with 843-845 (see MLS#22-134167), these properties are offered as a package at $11,900,000 and provide the future opportunity for the potential development of 34 residences.
Exterior Features

Lot Size Area 7653 Other Structures None Parking Garage Controlled EntranceDoor Opener Total Parking 4

Interior Features

Baths Total 6.00 Common Walls Attached Cooling Air ConditioningCentral Equipment DishwasherDryerGarbage DisposalMicrowaveRange/OvenRefrigeratorWasher Heating Central Laundry In Unit

Property Features

Assessed Total Value 3363770 Gross Income 580740 Gross Operating Income 580740 Like Units1 2 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 386635.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Security Features Gated Source Living Area Developer Source Lot Size Area Vendor Enhanced Total Annual Expense 194105 Type Of Units 4 Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Azy Farahmand DRE#01958066 of The Agency.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T21:42:57.743. 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.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210