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$ 3,595,000
Est. payment | /mo
8,197 SqFt
$ 3,595,000
Est. payment | /mo
8,197 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,197 sqft
Price per Sqft $438
MLS Listing ID CL26662027
HOA Y/N No
Year Built 1962
Lot Size 8,121 Sqft
Acres 0.1864
Property Sub-Type Other
Property Description
We are very pleased to present 8843 Alcott, a well-maintained 10-unit multi-family asset located in prime Pico/Robertson. Located west of Robertson Boulevard, 8843 Alcott boasts an excellent mix of one and two bedroom units and recent improvements at 8843 Alcott include completed soft story retrofit, horizontal repiping and repaved driveway and walkway. Able to be purchased individually, 8843 Alcott is a part of the Sunset Legacy Collection, a rare 64-unit portfolio offering investors the opportunity to acquire well-maintained apartment assets in premier infill locations with the benefit of extremely attractive assumable financing, creating a highly favorable debt structure that is virtually impossible to replicate in today's interest rate environment. Strategically positioned near some of Los Angeles' most iconic corridors including Sunset Boulevard, Melrose Avenue, Robertson and Ventura Boulevards, the properties benefit from exceptional proximity to the region's premier retail, dining, nightlife, and employment centers. Residents enjoy walkable access to renowned destinations such as Melrose Place, Sunset Strip hospitality and entertainment venues, and the high-end retail and restaurant scene surrounding Beverly Hills and West Hollywood. Additional assets in Valley Village provide exposure to the San Fernando Valley's thriving studio and entertainment employment hubs, while the Pico/Robertson location offers immediate access to Beverly Hills and Century City. The buildings feature a strong mix of one, two and three bedroom units, attractive layouts, and desirable neighborhood settings that continue to drive consistent rental demand from professionals working in media, entertainment, technology, and hospitality sectors throughout Los Angeles. The Sunset Legacy Collection represents a rare portfolio acquisition opportunity, offering scale in premier Los Angeles submarkets combined with exceptionally favorable assumable financing and long-term investment stability. The portfolio is ideally suited for a high-net-worth investor or family office seeking high-quality multi-family assets in irreplaceable locations with strong long-term rental demand. For sophisticated investors seeking to acquire one or more of these trophy assets, 8843 Alcott Street can be purchased individually or as part of the Sunset Legacy Collection.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 4305014019
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Listed by Dana Brody • Dana Brody
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Patrick Nagel
REALTOR® | Lic# 1760790