This Multifamily Property is Off-Market.

8835 Alcott Street
Los Angeles, CA 90035 ·

10 Units · Multifamily For Sale

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8835 Alcott Ave.

Price N/A Cap Rate 4.07%
No. Units 10 Occupancy 100%
Building Size 8,135 SF No. Stories 2
Property Type Multifamily Year Built 1963
Property Sub-type Garden/Low-Rise Lot Size 7,579 SF
Property Use Type Investment APN / Parcel ID 4305-014-021
Listing ID: 17827856 Date Created: 09/11/2012 Last Updated: 05/01/2013

Description

Creative Asset Partners, Inc. is proud to present an original 1960' s 10 unit building in the Pico-Robertson district, just West of Robertson. First time on the market in almost 40 years, this property presents a rare opportunity to own a preserved diverse building in a bygone era. The structure itself has a unit mix consisting of four 2 bed + 2 baths, and six 1 bed + 1 baths with most tenants currently paying below market rents, which ultimately allows for potential in upside rents. Some upgrades include recently landscaped exterior, newly painted exterior, remodeling in various units include hardwood floors, new appliances, and more. Ample Parking in rear and front.

In Pico-Robertson District of Los Angeles, just West of Robertson Blvd.

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8835 Alcott Street, Los Angeles, CA 90035 (Los Angeles County)

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