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$ 3,300,000
Est. payment /mo
Active
8843 Alcott Street Los Angeles, CA 90035
8,197 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,197 sqft
Price per Sqft $402
MLS Listing ID CL26662027
HOA Y/N No
Year Built 1962
Lot Size 8,121 Sqft
Acres 0.1864
Property Sub-Type Other
Property Description
We are very pleased to present 8843 Alcott, a rare opportunity to acquire a high-demand 10-unit multifamily asset in the heart of Pico-Robertson, one of the Westside's most consistently outperforming rental submarkets. The property features an excellent unit mix of large one- and two-bedroom units, with many units already remodeled, establishing a clear blueprint for continued interior upgrades and rent growth. Three vacant units create immediate, frictionless upside allowing a new owner to quickly capture market rents and materially increase income from day one without tenant displacement risk. Positioned just blocks from Beverly Hills and Century City, and within walking distance to the best dining, cafes, and retail along Pico Boulevard, the asset offers a highly walkable lifestyle that continues to attract strong, high-quality tenants. This is a true infill Westside location with barriers to entry, limited new supply, and relentless rental demand, making it an ideal target for investors seeking both durable income and accelerated NOI growth. With strong in-place income, immediate lease-up potential, and proven renovation upside, this opportunity is perfectly positioned for investors to drive returns quickly while securing a foothold in one of Los Angeles' most competitive rental markets. Opportunities with this level of location, vacancy-driven upside, and scalability rarely come to market!
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 4305014019
Virtual Tour https://vimeo.com/1172500200/f35ae731e9
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Listed by Dana Brody • Dana Brody
NEARBY SCHOOLS & PROPERTIES