$ 1,900,000
6107 Alcott ST Los Angeles, CA 90035
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$ 1,900,000
Est. payment | /mo
6 Beds
5 Baths
5,550 SqFt
$ 1,900,000
Est. payment | /mo
6 Beds
5 Baths
5,550 SqFt
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 5,550 sqft
Price per Sqft $342
MLS Listing ID 24412883
Bedrooms 6
HOA Y/N No
Year Built 1928
Lot Size 6,002 Sqft
Property Description
We are pleased to present Alcott Apartments 1st time on the market in 70 years! Located in the Pico Robertson/Carthay submarket in Los Angeles, 6107 Alcott Street was constructed in 1928 as a 6-unit apartment building, however in 1930 the original owners elected to combine the two units over the garages making one larger unit. The property currently operates as its original configuration of six units but is legally five. Alcott Apartments is located on a quiet, low density, residential street with primarily apartment buildings built in the 1920's. The front building is comprised of four large one bedroom/one bath units that are +/- 1000 square feet each and feature a formal living room, dining room, kitchen, and laundry room with in-unit washer and dryer. Potential value-add for a new ownership could be to convert these units into two bedrooms. The rear building features two studio units that are +/- 400 square feet and have full kitchens. The entire rear structure is a legal unit, however, one unit was subdivided into two. New ownership can add value by potentially converting it back to the original six units. The rear two units are master metered for both gas and electric. The area immediately surrounding Alcott Apartments is booming with ground up development. Recently completed is City View's The Park LA which features 123 apartment units with ground-floor retail at 5935 W. Pico Blvd, Wiseman Residential's project at 6055 W. Pico Blvd with 125 apartment units, Olive Point's 122-unit project at 5903 W. Pico Blvd, and Ikon's 48-unit apartment building at 6001 W. Pico Blvd. This is the 1st time the Alcott Apartments has been on the market in over 70 years! Please contact listing agents for full offering memorandum.
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Appliance Washer
Exterior
Garage Carport
Garage Spaces 4.0
Garage Description 4.0
Total Parking Spaces 4
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5068001017
Special Listing Condition Standard
Listed by Adam Zunder • Iconic Investments
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Mitch Stein
Partner | Lic# DRE# 02081632