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$ 3,300,000
Est. payment /mo
Price Dropped by $295K
8843 Alcott ST Los Angeles, CA 90035
13 Beds
14 Baths
8,197 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,197 sqft
Price per Sqft $402
MLS Listing ID 26662027
Bedrooms 13
HOA Y/N No
Year Built 1962
Lot Size 8,119 Sqft
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
Area C09 - Beverlywood Vicinity
Zoning LAR3
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Attached Carport
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4305014019
Acceptable Financing Cash
Listing Terms Cash
Financing Assumed,Cash
Special Listing Condition Standard
Virtual Tour https://vimeo.com/1172500200/f35ae731e9
Listed by Dana Brody Dana Brody #01429001