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6107 Alcott St, Los Angeles, CA 90035

Sale Price: $1,500,000
Jul 9, 20245,550 sqft6 beds5 baths
Listed by: Adam Zunder
License #: 01821053
Phone #: 747-214-0470
Iconic Investments
Source:
CRMLS Logo
MLS #: 24412883

Property Description

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 quiet, 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. 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.
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Kevin Kretzmer
Kevin Kretzmer

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TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$15,462

TurboHome Estimated Value

$1,465,400

$264 sqft

High Valuation
$1,538,670
$277/sqft
Normal Valuation
$1,465,400
$264/sqft
Low Valuation
$1,392,130
$251/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$264/sqft$1,465,400

Neighborhood: Pico-Robertson

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Comparative Value

$1.50M

$1.63M

$1.86M

$1.90M

$1.98M

6107 Alcott St, Los Angeles, CA 90035

Sale Price: $1,500,000

Selected Comparable

6216 Orange St, Los Angeles, CA 90048

Sale Price: $1,625,000

Selected Comparable

6306 W 6th St, Los Angeles, CA 90048

Sale Price: $1,865,000

Selected Comparable

8013 W 4th St, Los Angeles, CA 90048

Sale Price: $1,867,000

Selected Comparable

6107 Alcott St, Los Angeles, CA 90035

List Price: $1,900,000

Subject Property

6381 W 6th St, Los Angeles, CA 90048

Sale Price: $1,984,900

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
6107 Alcott St, Los Angeles, CA 90035

6107 Alcott St, Los Angeles, CA 90035

List: $1,900,000

Listed: 7/9/2024

Area:5,550 sqft
Price/sqft:$342
Beds:6
Baths:5
Year Built:
Lot Size:6,003

Comparable Properties

COMPARABLE
Choose comps
6107 Alcott St, Los Angeles, CA 90035

6107 Alcott St, Los Angeles, CA 90035

Sale: $1,500,000

12/16/20240.00 mi

Area:5,550 sqft
Price/sqft:$270
Beds:6
Baths:5
Year Built:
Weight:26.7%
6381 W 6th St, Los Angeles, CA 90048

6381 W 6th St, Los Angeles, CA 90048

Sale: $1,984,900

4/18/20251.01 mi

Area:4,528 sqft
Price/sqft:$438
Beds:6
Baths:6
Year Built:
Weight:19.3%
6216 Orange St, Los Angeles, CA 90048

6216 Orange St, Los Angeles, CA 90048

Sale: $1,625,000

5/28/20251.00 mi

Area:4,681 sqft
Price/sqft:$347
Beds:7
Baths:5
Year Built:
Weight:18.9%
6306 W 6th St, Los Angeles, CA 90048

6306 W 6th St, Los Angeles, CA 90048

Sale: $1,865,000

4/8/20251.02 mi

Area:4,319 sqft
Price/sqft:$432
Beds:6
Baths:4
Year Built:
Weight:18.6%
8013 W 4th St, Los Angeles, CA 90048

8013 W 4th St, Los Angeles, CA 90048

Sale: $1,867,000

10/3/20241.37 mi

Area:4,331 sqft
Price/sqft:$431
Beds:6
Baths:4
Year Built:
Weight:16.6%

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