6147 Alcott St - Apartments FOR SALE


Los Angeles, CA 90035- Pico-Robertson
$1,785,000 USD
323-646-5938
6147 Alcott St, Los Angeles, CA for Sale
$1,785,000 USD
Apartments - FOR SALE
1/8
null | 4.75% Cap Rate

6147 Alcott St
Los Angeles, CA 90035
Pico-Robertson


HIGHLIGHTS

  • Excellent Location near La Cienega and Pico Blvd
  • CAP rate will be above 5% in year 1 with annual increases
  • Alley Access
  • Laundry room on site
  • Parking for each unit
  • Huge upside potential

OVERVIEW

Located half a mile south of Beverly Hills, The Alcott Apartments consist of two spacious 2bd/1ba units complete with formal dining rooms, one 2bd/1ba and three 1bd/1ba units. The well-located property provides tenants with convenient, walkable access to shopping, places of worship, schools, and public transportation. Units are separately metered for gas and electricity. Tremendous upside potential with the possibility to increase future rents. Suitable as an investment property or for an owner-occupant seeking a manageably sized pride-of ownership apartment building in an exceptional location. The site could also be redeveloped.

FOR SALE DETAILS

PRICE

$1,785,000 USD

PRICE/SF

$327 USD /SF

# OF UNITS

6

PRICE/UNIT

$297,500

CAP RATE

4.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beverlywood Adjacent 6 Unit Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

RD1.5

APN/PARCEL ID

5068-001-028

ASK ABOUT THIS PROPERTY

Daniel BahrCORE Commercial Real EstateMore Info
323-646-5938

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Daniel BahrCORE Commercial Real EstateMore Info
323-646-5938

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.