6107 Alcott ST Pending

Los Angeles,CA 90035

$ 1900000

6 Beds

5 Baths

5550 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

Parking Type Carport

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

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