$1,900,000 Price Analysis   ♡   Los Angeles, CA 90035 6 bed 5 bath 5,550 SqFt ($342/SqFt) 6,003SqFt lot. Built 1928 Listed 2024-07-09, Taxes $27,553 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
We are pleased to present Alcott Apartments 1st time on the market in 70 years!
Located in the Pico Robertson/Carthay submarket in Los Angeles, 6107 Alcott Street was constructed in 1928 as a 6-unit apartment building, however in 1930 the original owners elected to combine the two units over the garages making one larger unit. The property currently operates as its original configuration of six units but is legally five. Alcott Apartments is located on a quet, low density, residential street with primarily apartment buildings built in the 1920's. The front building is comprised of four large one bedroom/one bath units that are +/- 1000 square feet each and feature a formal living room, dining room, kitchen and laundry room with in-unit washer and dryer.
Potential value-add for a new ownership could be to convert these units into two bedrooms. The rear building features two studio units that are +/- 400 square feet and have full kitchens. The entire rear structure is a legal unit, however, one unit was subdivided into two. Brand new ownership can add value by potentially converting it back to the original six units. The rear two units are master metered for both gas and electric. The area immediately surrounding Alcott Apartments is booming with ground up development. Recently completed is City View's The Park LA which features 123 apartment units with ground-floor retail at 5935 W. Pico Blvd, Wiseman Residential's project at 6055 W. Pico Blvd with 125 apartment units, Olive Point's 122-unit project at 5903 W. Pico Blvd and Ikon's 48-unit apartment building at 6001 W. Pico Blvd. This is the 1st time the Alcott Apartments has been on the market in over 70 years. Please contact listing agents for full offering memorandum.
Presented by Adam Zunder at
Iconic Investments.
Property MLS #24-412883 from TheMLSCLAW
Full Bathrooms: 5
Heating Features: Wall
Garage Description: Carport
Parking Total: 4
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6003
Calculated Total Monthly Association Fees: 0
Number of Units: 6
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2700, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2700, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2700, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2700, 5 BathsTotal: 1, 5 SquareFeet: 3300
County: Los Angeles
Directions: Prime Pico Robertson Location. Just east of La Cienega and Just south of Pico Blvd.
Source Property Type: Residential Income
Area: Beverlywood Vicinity
Source Neighborhood: Beverlywood Vicinity
Parcel Number: 5068-001-017
Postal Code Plus 4: 3731
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $675,000 + $1,600,000 $2,275,000 | $27,553 |
| 2021 | $176,785 + $112,826 $289,611 | $4,396 |
| 2020 | $174,973 + $111,670 $286,643 | $4,438 |
| 2019 | $171,543 + $109,481 $281,024 | $4,298 |
| 2018 | $168,180 + $107,335 $275,515 | $4,203 |
| 2017 | $164,883 + $105,231 $270,114 | $4,085 |
| 2016 | $161,650 + $103,168 $264,818 | $3,935 |
| 2015 | $159,222 + $101,619 $260,841 | $3,888 |
| 2014 | $156,104 + $99,629 $255,733 | $3,935 |
| 2013 | $155,399 + $99,179 $254,578 | $3,919 |
| 2012 | $152,352 + $97,235 $249,587 | $3,968 |
| 2010 | $149,365 + $95,329 $244,694 | $3,833 |
| 2009 | $148,602 + $94,842 $243,444 | $3,698 |
| 2009 | $148,249 + $94,617 $242,866 | $3,698 |
| 2008 | $145,689 + $92,983 $238,672 | $3,568 |
| 2007 | $142,833 + $91,160 $233,993 | $3,439 |
$1,900,000
TheMLSCLAW
Sold 1983-08-02
$157,400
Public Record
Year Built: 1928
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 96
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.