6108 Alcott St, Los Angeles, CA 90035
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6108 Alcott St Los Angeles, CA 90035

$2,280,000 Sold Price as of 05/15/2023
  • 9 Beds
  • 6 Baths
  • 5,210 Sq.Ft.
Sold
$2,280,000 Sold Price as of 05/15/2023 Refinance Your Mortgage

Map preview of 6108 Alcott St, Los Angeles, CA 90035

Property Overview: 6108 Alcott St Los Angeles, CA has 9 bedrooms, 6 bathrooms, 5,210 living square feet and 5,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The SK Group of Marcus & Millichap is pleased to present 6108 Alcott Street, a six-unit apartment building in the Mid-City neighborhood of Los Angeles, adjacent to Pico-Robertson. For the first time on market in more than 44 years, 6108 Alcott Street has an excellent unit mix including one Studio, one 1Bed/1Bath and four 2Bed/1.5Bath units. Built in 1961, the subject property has 5,210 sf of improvements and sits on a 5,999 sf lot with on-site laundry facilities, security cameras, and 6 parking spaces that have seismic retrofitting completed. Having been owner occupied since the 1970s, the property has been well maintained and the spacious units have newer windows installed and select units have received remodels. With the owner-occupied unit delivered vacant at the close of escrow or shortly after the close of escrow and the potential for a couple additional vacancies after the close of escrow, an investor will have the opportunity to capture significant upside with this property. This is truly a rare opportunity for an investor looking to purchase in one of the more prime locations in Los Angeles. Located just east of La Cienega Blvd and south of Pico, 6108 Alcott Street is within walking distance from kosher restaurants, synagogues, the post office, and a multitude of retail stores. Being centrally located in the heart of Los Angeles, the property is a short distance away from the I-10 freeway, Beverly Hills, West Hollywood, Century City, the Beverly Center, Cedars Sinai Medical Center, Kaiser Permanente, LACMA and plenty more that Los Angeles has to offer.

Listed by Sevak Keshishian | BRE #01887505 | Marcus & Millichap
Last checked: 12 minutes ago | Last updated: July 13th, 2023 | Source CRMLS | DOM: 161

Home details

Lot Sq. Ft
5,999
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22206142
City
Los Angeles
County
Los Angeles
Time on Site
582 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,247
  • Total Rent: $1,247
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,282
  • Total Rent: $1,282
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $7,803
  • Pro Forma/Market Rent: $10,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.12%
  • Gross Rent Multiplier: 23.04
  • Gross Scheduled Income: --
  • Net Operating Income: $56,410
  • Gross Operating Income: $102,729
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6108 Alcott St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Private
Property Information
  • Total # of Units: 6
  • Parcel Number: 5068003012
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Just South of Pico, one block East of La Cienega, West of Crescent Heights and North of Pickford.
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Sale History for 6108 Alcott St

Last leased for $1,695 on July 13th, 2023
  • July, 2023

  • Jul 13, 2023

    Date

    Leased

    CRMLS: SB23108719

    $1,695

    Price

  • Jun 26, 2023

    Date

    Active

    CRMLS: SB23108719

    $1,695

    Price

  • Listing provided courtesy of CRMLS

    Very convenient location where Beverly Hills, Santa Monica, West Hollywood, Westwood, Palms, and Culver City are just minutes away. This spacious studio apartment features newly installed kitchen sink, a fridge, microwave, cooling and heating systems, and newly painted interior walls. It comes with one parking spot and street parking is not very hard when you have a guest. The building is well maintained by professional property management company and has 6 units total which all of tenants are very nice and friendly.

  • May, 2023

  • May 15, 2023

    Date

    Sold

    CRMLS: 22206142

    $2,280,000

    Price

  • Sep 30, 2022

    Date

    Active

    CRMLS: 22206142

    $2,600,000

    Price

Show More

Tax History for 6108 Alcott St

Assessed Value (2020): $304,620
Year Land Value Improved Value Assessed Value
2020 $60,244 $244,376 $304,620

Home Value Compared to the Market

This property vs the competition

6108 Alcott St sold on May 15, 2023 for 101.68% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $460.65 per/sqft which puts the price per square foot 38.99% lower than the current median sale per square foot for the city of Los Angeles.

About 6108 Alcott St

Detailed summary of property

6108 Alcott St is a multi family that recently sold in Los Angeles, CA 90035. This multi family property offered 9 bedrooms, 6 bathrooms, roughly 5,210 living square feet, and sits on an approximately 5,999 square foot lot. 6108 Alcott St was first listed on ArdentRealEstateGroup.com on October 6, 2022. The homeowner sold the property for $2,280,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 101.68% higher than the current median priced home. Local homes that are currently for sale include 6446 W 6th St, 6347 Orange St and 816 S Orange Grove Ave. While the average home in Los Angeles, CA is selling in 93 days, 6108 Alcott St has a days on market of 161 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 6108 Alcott St Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6108 Alcott St

Public county record property details
Beds
9
Baths
10
Year built
1961
Sq. Ft.
5,210
Lot Size
5,999
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
91
APN
5068-003-012

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,465,000
Median Sold Price/Sq.Ft.
$843
Total Inventory
56
Median Sale to List Price %
104.64%
Avg Days on Market
35
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (23.08%), Other (7.69%)

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Related Resources to 6108 Alcott St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.