Prime Pico-Rob 10 Units | Excellent Unit Mix 8843 Alcott St 10 Unit Apartment Building $3,300,000 ($330,000/Unit) 5% Cap Rate Los Angeles, CA 90035

Prime Pico-Robertson 10 Units | 5.0% Cap | 13 GRM | Assumable Debt | Core Westside Asset
8843 Alcott Street presents a rare opportunity to acquire a well-located 10-unit multifamily asset in the heart of Pico-Robertson, one of Los Angeles’ most stable, supply-constrained, and consistently outperforming rental submarkets.
Offered at approximately a 5.0% cap rate and 13 GRM on in-place rents, the property delivers strong day-one cash flow in a premier Westside location, with additional upside supported by continued rent growth and operational improvements.
Ideally positioned near Beverly Hills, Century City, and the greater Westside, the asset benefits from exceptional tenant demand driven by proximity to major employment hubs, high-end retail corridors, and lifestyle amenities. Pico-Robertson continues to attract a diverse, high-quality tenant base seeking centrality, walkability, and access to Los Angeles’ core economic drivers.
The property features an attractive mix of one- and two-bedroom units, appealing to a broad renter profile and supporting consistent occupancy and long-term stability. Its location within walking distance to the best shops, dining, and neighborhood amenities along Pico Boulevard further enhances tenant demand and rent resilience.
From a capital markets perspective, the offering is anchored by 3.74% fixed assumable financing, providing a meaningful spread to current debt markets, with the loan adjusting to a projected low-5% rate in June 2027—still highly competitive relative to forward rate expectations. This structure offers immediate cash flow support, reduced interest rate risk, and long-term financing flexibility.
8843 Alcott Street represents a compelling opportunity to acquire a stabilized, cash-flowing Westside asset with in-place yield, favorable financing, and long-term appreciation potential in one of Los Angeles’ most desirable rental markets.
Investment Highlights
5.0% CAP RATE | 13 GRM — STRONG IN-PLACE RETURNS
Acquire a cash-flowing Westside asset with solid day-one yield in a high-demand, supply-constrained submarket.
ASSUMABLE 3.74% FIXED DEBT — BELOW-MARKET FINANCING
In-place financing provides immediate payment advantage vs. current rates, adjusting to a projected low-5% rate in 2027, still favorable relative to market expectations.
PRIME PICO-ROBERTSON LOCATION
Located near Beverly Hills and Century City, with walkable access to Pico Boulevard’s top dining, retail, and lifestyle amenities.
CONSISTENT TENANT DEMAND — WESTSIDE FUNDAMENTALS
Driven by proximity to major employment centers across Century City, Beverly Hills, and the broader Westside.
DESIRABLE UNIT MIX — BROAD TENANT APPEAL
Well-balanced mix of one- and two-bedroom units supporting stable occupancy and long-term rent growth.
HIGH-BARRIER SUBMARKET WITH LIMITED NEW SUPPLY
Pico-Robertson remains one of LA’s most undersupplied and tightly held rental pockets, supporting pricing and rent resilience.
DEFENSIVE + GROWTH-ORIENTED INVESTMENT
Stable in-place income provides downside protection, while rent growth and operational upside drive long-term value.
IDEAL FOR PRIVATE CAPITAL & 1031 BUYERS
A low-management, well-located asset suited for investors seeking durable income, capital preservation, and Westside exposure.