8515 ALCOTT STREET, LOS ANGELES CA 90035

  • 8,602 sq.ft.
  • 6,001 sq.ft. lot
offered at $4,395,000
MLS#:18405236
Status: Active // Property Type:
County: Los Angeles // Year Built: 1989

Property Description

BRC Advisors is pleased to present for sale a beautifully renovated seven-unit non-rent-controlled apartment building located in the Pico/Robertson submarket of Los Angeles. Built in 1989, the property has a unit mix of seven large two-bedroom units and a three-bedroom unit. Additionally, there are two parking spaces per unit in the subterranean garage. There are also a couple of Cell Towers with Sprint and T-Mobile that generate SIGNIFICANT additional income. This is a great long term hold or value add opportunity for a hands-on buyer. Existing Loan w/ Chase can be assumed - UPB: ~$2,050,000 with SIGNIFICANTLY BELOW MARKET INTEREST RATE OF 3.86% FIXED thru 03.01.23

Listing Courtesy of Ardy Ishal, BRC Advisors- BH

FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of January 11, 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.