Active

8843 Alcott Street

Los Angeles, CA 90035
Mark as Favorite
Bed 13

Bed

Bath 0

Bath

SqFt8,197

Sqft

SqFt8,121

Sqft(Lot)

Prime Pico-Robertson Trophy Asset | West of Robertson | Beverly Hills & Century City Adjacent Located in the heart of the coveted Pico-Robertson neighborhood, west of Robertson Boulevard and south of Pico Boulevard, 8843 Alcott Street presents a rare opportunity to acquire a fully occupied 10-unit multifamily asset in one of the Westside's most desirable and supply-constrained rental markets. Offered at an attractive 12.6 GRM and 5.4% in-place cap rate, the property combines strong day-one cash flow with proven upside in a location that consistently attracts high-income, long-term tenants.The property features an outstanding unit mix of spacious one- and two-bedroom residences, with most units already renovated to modern standards. These successful renovations provide a clear roadmap for f uture rental growth while minimizing execution risk and reducing the need for significant interior capital expenditures. What truly separates 8843 Alcott is its exceptional location. Situated in one of Los Angeles' most walkable and sought-after residential neighborhoods, residents enjoy immediate access to an unparalleled collection of dining, shopping, and lifestyle amenities. Just steps away are beloved neighborhood destinations including Schwartz Bakery, The Milky Way, Natalie's Trattoria, Jeff's Gourmet, La Gondola, and Pico Boulevard's vibrant collection of cafes, markets, and restaurants. The property is also minutes from some of Southern California's most prestigious employment and lifestyle centers. Residents enjoy quick access to Beverly Hills, Century City, Beverly Grove, West Hollywood, and the Wilshire Corridor, with major employers including the entertainment, legal, financial, healthcare, and technology sectors located nearby. Century City, home to major corporate headquarters, luxury retail at the renowned Westfield Century City, and millions of square feet of office space, is just minutes away, while the world-class dining, luxury shopping, and iconic streets of Beverly Hills are practically at the property's doorstep. From an investment standpoint, the opportunity is equally compelling. Pico-Robertson continues to experience exceptionally strong rental demand driven by its central location, walkability, excellent schools, and proximity to major employment hubs. With limited new multifamily development, high barriers to entry, and a constrained supply of quality rental housing, the submarket has consistently demonstrated resilience and long-term rent growth. The property's strong in-place income, fully occupied status, and proven renovation program create a compelling path toward accelerated NOI growth while providing investors with immediate cash flow. Opportunities to acquire stabilized multifamily assets in this premier Westside location are exceedingly rare, particularly those offering both current yield and meaningful long-term upside. 8843 Alcott Street represents a unique chance to secure a foothold in one of Los Angeles' most competitive and desirable rental markets location where demand remains strong, supply remains limited, and long-term appreciation potential continues to outperform.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,100,000

AD Id : 76008316

MLS Id : 26662027

Beds : 13

Lot Size : 8,121 Sqft

Living Area Size : 8,197

Year Built : 1962

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 13

    Bathroom Information

    Total Baths: 14 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Refrigerator
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Forced Air Has Heating

  • Building Information

    Year Built: 1962 Building Area Total: 8,197

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1864
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 8121

  • Listing Price Information

    Original List Price: 3,100,000 Listing Contract Date: 2026-03-09
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 4305014019

  • Garage and Parking

    Garage Description: Attached Carport Attached Garage: Yes

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C09 - Beverlywood Vicinity Directions: Pico to Robertson, turn right onto Alcott Zoning: LAR3 Source Property Type: Residential Income Area: C09 - Beverlywood Vicinity
  • Building and Construction

    Property Age: 64 Year Built Source: Vendor Enhanced Total Square Feet Living: 8197 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1064 S Hayworth Avenue, Los Angeles, CA, 90035 $1,999,999 6 -- 4,522 4,522 SqFt
1122 S Hayworth Avenue, Los Angeles, CA, 90035 $1,795,000 4 -- 2,962 2,962 SqFt
1110 Hi Point Street, Los Angeles, CA, 90035 $2,195,000 4 2 2,244 2,244 SqFt
1161 Stearns Drive, Los Angeles, CA, 90035 $17,850 6 5 3,333 3,333 SqFt
1444 Hi Point Street, Los Angeles, CA, 90035 $1,399,999 3 2 1,971 1,971 SqFt
1124 Alvira Street, Los Angeles, CA, 90035 $1,995,000 3 2 2,385 2,385 SqFt
6501 Whitworth Drive, Los Angeles, CA, 90035 $2,995,000 4 1 2,885 2,885 SqFt
1601 S Hayworth Avenue, Los Angeles, CA, 90035 $1,595,000 7 -- 5,634 5,634 SqFt
1420 Stearns Drive, Los Angeles, CA, 90035 $18,500 5 4 2,701 2,701 SqFt
1430 Stearns Drive, Los Angeles, CA, 90035 $20,500 4 4 2,496 2,496 SqFt

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ByOwner last updated this listing 06/23/2026 @ 13:37

MLS: 26662027 LISTED BY: Dana Brody, Dana Brody 818-212-2757 SOURCE: CRMLS

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