10-Unit Multifamily
For Sale
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8843 Alcott Street, Los Angeles, CA 90035
Ten-unit multifamily property with one- and two-bedroom units and recently completed capital improvements.
Property Size8,500 SF
Price / SF$352.94
Days on Market222
Property Features for 8843 Alcott Street
General Information
Standard status
Active
Size
8,500 SF
Class
B
Property subtype
Multifamily
Investment Type
Stabilized
Net Operating Income
$166,308
Site & Location
Neighborhood
Pico-Robertson
Additional Details
Multifamily Units
10
Building Details
Year Built
1957
Units
10
Listing Agency:
Marcus & Millichap - Encino
Listed By:
Dana Brody · License #CA
Source:
Crexi
Added: Mar 17
Changed: Oct 4
Last Checked: Oct 23 at 5:19AM
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 Marcus & Millichap - Encino
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Investment Insights
Based on property information with market context.
8843 Alcott Street is a 10-unit multifamily investment featuring a unit mix of one- and two-bedroom apartments. Recent ownership has completed major capital improvements, including a soft story seismic retrofit, horizontal repiping, and repaving of the driveway and walkways.
The property is located in the Pico/Robertson submarket of Los Angeles, positioned west of Robertson Boulevard and within close proximity to Beverly Hills and Century City.
Financing is described as assumable at 3.74% principal and interest, fixed through 2048, which is intended to provide long-term stability. The current setup includes strong in-place income, with the ability to pursue rent increases through strategic unit upgrades.
The property is located in the Pico/Robertson submarket of Los Angeles, positioned west of Robertson Boulevard and within close proximity to Beverly Hills and Century City.
Financing is described as assumable at 3.74% principal and interest, fixed through 2048, which is intended to provide long-term stability. The current setup includes strong in-place income, with the ability to pursue rent increases through strategic unit upgrades.
Key Highlights
- 10‑unit multifamily property built in 1957 with a mix of 1- and 2‑bedroom units
- Assumable fixed financing at 3.74% principal and interest, fixed through 2048
- Recent major capital improvements include a soft story seismic retrofit, horizontal repiping, and repaving of the driveway and walkways
Property Analytics
Who owns this building?
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Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
3,544
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Ten-unit multifamily property with one- and two-bedroom units and recently completed capital improvements.
Where is this apartment building located?
The property is located at 8843 Alcott Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: 10‑unit multifamily property built in 1957 with a mix of 1- and 2‑bedroom units; Assumable fixed financing at 3.74% principal and interest, fixed through 2048; Recent major capital improvements include a soft story seismic retrofit, horizontal repiping, and repaving of the driveway and walkways
