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8522 Alcott St - 8522 Alcott St 0.14 Acres of Commercial Land Offered at $1,999,950 in Los Angeles, CA 90035
Investment Highlights
- Prime Pico-Robertson Location - Located in one of LA's most desirable multifamily submarkets, adjacent to Beverly Hills.
- TOC Tier 3 - Increased density, reduced parking requirements, and enhanced development flexibility.
- Walk Score 92 - Walker's Paradise.
- Rare Infill R3-Zoned Development Site - One of the few available redevelopment opportunities in the Pico-Robertson submarket.
- Beverly Hill Adjacent - Prestigious location benefits from proximity to Beverly Hills, Cedar-Sanai, Century City and major Westside employment hubs.
Executive Summary
Property Facts
| Price | $1,999,950 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | 1031 Exchange | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.14 AC |
| Zoning | R3 - Residential | ||
| Price | $1,999,950 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.14 AC |
| Zoning | R3 - Residential |
1 Lot Available
Lot
| Price | $1,999,950 | Lot Size | 0.14 AC |
| Price Per AC | $14,519,641.94 |
| Price | $1,999,950 |
| Price Per AC | $14,519,641.94 |
| Lot Size | 0.14 AC |
Located in the Beverlywood Vicinity area, zoned LAR3, which allows for multi-family residential use with convenient access to local amenities.
Description
Berkshire Hathaway Commercial Division is pleased to present 8522 Alcott St, a Beverly Hills-adjacent infill development opportunity located in the highly desirable Pico-Robertson submarket. Situated near Cedars-Sinai Medical Center with convenient access to Century City, Culver City, and West Hollywood, the property offers an exceptional location within one of Los Angeles' most sought-after rental markets. . The property is currently improved with a single-family residence of approximately 1,600 square feet and a detached unit of approximately 500 square feet. The front residence will be delivered vacant, providing immediate flexibility for an owner-user, investor, or developer. . Rarely available, the site is zoned R3-1 and benefits from TOC Tier 3 eligibility, offering significant redevelopment potential through increased density and development incentives. With a Walk Score of 92, residents enjoy convenient access to neighborhood amenities, dining, retail, and transit options, making this a compelling long-term value-add and development opportunity.
Property Taxes
| Parcel Number | 4303-034-006 | Improvements Assessment | $227,478 |
| Land Assessment | $881,503 | Total Assessment | $1,108,981 |
Property Taxes
Contact the Sale Advisor
8522 Alcott St - 8522 Alcott St