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6142 Alcott St, Los Angeles, CA 90035
$1,650,000
6142 Alcott St, Los Angeles, CA 90035View this property at 6142 Alcott St, Los Angeles, CA 90035
6142 Alcott StLos AngelesCA90035
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Property Description
MID CONSTRUCTION DEVELOPMENT OPPORTUNITY! Introducing your next investment opportunity at 6142 Alcott St--a primely located property in the Faircrest Heights neighborhood of Los Angeles. This vacant 6,000 SF lot, already primed for framing, is zoned LARD1.5 and is being sold with permits to build four luxurious 3-story townhomes. The previously existing structure has already been demoed, grading is complete, underground plumbing and methane vent system in foundation are in place, and electrical plans are estimated to be delivered in 2-4 weeks. The future project plans provide 5,933 SF of living space divided among four sleek, modern townhomes. Each townhome will include private attached garages, walk-in-closets and various storage spaces with some featuring walk-in kitchen pantries and powder rooms. Plans call for two 3-bed/3-bath townhomes, one 3-bed/4-bath townhome, and one 4-bed/2.5-bath townhome--a total of 13 bedrooms and 12.5 bathrooms--all crafted with a contemporary touch that complements the vibrant Faircrest Heights aesthetic. Attention, developers--this project is further enhanced by parking reductions made possible through AB 2097, allowing you to optimize livable space. And the potential of this project doesn't end there. With strategic use of affordable housing density incentives, either through the standard program or the Tier 3 Transit Oriented Communities (TOC) eligibility, the prospect to scale this development to 5 or 6 units is a viable possibility. Seize this opportunity to deliver high-quality housing in one of the city's most desirable neighborhoods while maximizing return on investment.
Full Property Details
Full Property Details for 6142 Alcott St
General
- Sold For: $1,650,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-292893
- Added to Site: 299 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 13
Other Rooms
- Laundry: In Unit, Room, Laundry Area
Additional Information
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 7
- Garage Description: Attached, Garage - 1 Car, Garage - 2 Car, Garage Is Attached
Location
- Area: Beverlywood Vicinity
- County: Los Angeles
- Driving Directions: Two blocks south of Pico, half block east of La Cienega, two blocks west of Crescent Heights, two blocks north of Cashio.
Heating & Cooling
- Cooling Type: Central
- Heating Type: Central
Structural Information
- # Buildings: 1
- Stories/Levels: 0
- Square Feet: 7,230
- Sq. Ft. Source: Plans
- Year Built: 1929
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Total Bathrooms: 3
- Bedrooms: 3
Unit 3
- Total Bathrooms: 4
- Bedrooms: 3
Unit 4
- Total Bathrooms: 2.5
- Bedrooms: 4
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1378
- Lot Size: 6000
- Lot Size Source: Assessor
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $255.74
- Assessment Year: 1929
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5068-003-003
Listed and Sold by Keller Williams Hollywood Hills, Yohann Bensimon
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Schools
Schools serving 6142 Alcott St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1661 S Crescent Heights Blvd, Los Angeles, CA 90035 | K-5 | 0.3 mi | |
11330 Graham Pl, Los Angeles, CA 90064 | 6-8 | 3.7 mi | |
2955 S Robertson Blvd, Los Angeles, CA 90034 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6142 Alcott St
Date
Details
Price
Change
Source
12/07/2023
Sold
$1,650,000
-10.76%
MLS
7/21/2023
Listed
$1,849,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6142 Alcott St, Los Angeles, CA 90035 (MLS# 23-292893) is a Multi-Family property that was sold at $1,650,000 on December 07, 2023. Want to learn more about 6142 Alcott St? Do you have questions about finding other Multi-Family real estate for sale in Beverlywood? You can browse all Beverlywood real estate or contact a Coldwell Banker agent to request more information.