BRC Advisors - BH is proud to present for sale this 7-unit apartment building located at 8515 Alcott Street, in Los Angeles, California. The building consists of five (5) two-bedroom/two-bathroom units and two (2) three-bedroom/three-bathroom units. Additionally, there are 2 cell towers which generate additional income. The building is situated on a 6,000 square foot lot with 8,602 square feet of building square footage. Built in 1989, this non-rent-controlled property is located in the highly coveted Pico-Robertson neighborhood.With a going-in cap rate of 4.6% and a relatively low grm of just 14.5x, this apartment building is a great investment opportunity to any investor looking for, investing in and/or collecting properties in the area.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
