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Wood-Frame Apartment Building
New
For Sale
$1,600,000

6068 Alcott St, Los Angeles, CA 90035

Built in 1956, the property includes three vacant units within a multifamily building in Los Angeles’ Pico-Robertson submarket.

Property Size5,510 SF
Days on Market5

Property Features for 6068 Alcott St

General Information

Standard status Active
Size 5,510 SF
Property subtype Multifamily
Occupancy 50%

Additional Details

Cap Rate 6.55%

Amenities

3 units Delivered Vacant, Presenting Immediate, Value-add Capacity
Prime location known for premier dining, boutique retail, and rich cultural amenities
Average home sales of ~$1.38M over the past 12 months

Building Details

Building Size 5,510 SF
Year Built 1956
Buildings 1
Units 6
Construction wood-frame stucco
Listing Agency:
Listed By: Maurius Jeffery Beaner-Jeffery · License #License(s): CA: 01738154
Source: Marcusmillichap
Added: Aug 28 Changed: Aug 30 Last Checked: Aug 31 at 12:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Maurius Jeffery Beaner-Jeffery

Investment Insights

Based on property information with market context.

Built in 1956, this wood-frame stucco apartment property is located at 6068 Alcott St in Los Angeles. The building includes three vacant units, creating immediate flexibility for renovation or repositioning, while the remaining units are occupied. The source information identifies the property as a six-unit building currently configured as seven units, with legal status and total unit count subject to buyer verification.

The property is situated in the Pico-Robertson submarket, near Beverly Hills and within proximity to Century City, Mid-Wilshire, and Culver City. The surrounding area includes low- and mid-density residential development, dining, and lifestyle amenities. The 90035 ZIP code is described as an affluent residential area, with estimated average household incomes exceeding $124,000 within a 1-to-2-mile radius.

Key Highlights

  • Wood‑frame stucco apartment property built in 1956
  • Three vacant units provide renovation and repositioning flexibility
  • Source information identifies a six‑unit building configured as seven units; buyer to verify legal status and total count

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bar & Pub Supermarket Butcher Restaurant Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,069
Businesses Nearby

Demographics for 90035, CA

30,294
Population
13,795
Households
2.2
Avg Household Size
37
Median Age
68%
College-Educated
95%
High-School Grad
2.3 sq mi
ZIP Area
13,171
Density / Sq Mi
$108,224
Median Household Income
$67,202
Median Earnings
$2,486
Median Rent
$1,844,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1956, the property includes three vacant units within a multifamily building in Los Angeles’ Pico-Robertson submarket.
Where is this apartment building located?
The property is located at 6068 Alcott St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Wood‑frame stucco apartment property built in 1956; Three vacant units provide renovation and repositioning flexibility; Source information identifies a six‑unit building configured as seven units; buyer to verify legal status and total count
More about this property
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