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9319 alcott street
los angeles, CA 90035

PRICE: $3,125,000

4-Unit Value-Add Opportunity

9319 Alcott Street is a remarkable quadruplex that holds immense potential due to its strategic location and impressive features. Situated in a desirable area just north of Beverlywood and south of Beverly Hills, this property offers convenient access to the vibrant Beverly Drive and Pico Boulevard, which are known for their bustling atmosphere and diverse amenities. With a generous total building size of approximately 6,194 square feet on a 5,921 square foot lot, this quadruplex presents a substantial investment opportunity. The property consists of a well-designed two-story townhouse spanning around 2,600 square feet, featuring three bedrooms and offering a spacious and comfortable living space. In addition to the townhouse, there are three separate units, each comprising two bedrooms and two bathrooms, with an average size of approximately 1,200 square feet. These units have undergone renovations, ensuring a modern and appealing living experience for tenants. One of the notable advantages of this property is that the current rents are below market rate, allowing an investor to capitalize on the potential for increased rental income. By adjusting the rents to align with market rates, an investor can enhance the property’s cash flow and overall profitability, thus adding significant value to the investment. Furthermore, 9319 Alcott Street presents an attractive opportunity for an investor interested in owner-occupancy. The option to reside in one of the units while collecting rent from the other tenants can help offset expenses and contribute towards mortgage payments, making it an enticing prospect for those seeking both a residence and a source of rental income. Overall, 9319 Alcott Street is an exceptional investment opportunity, boasting a sought-after location, spacious units, and the potential for value enhancement. Whether an investor seeks to optimize rental income or pursue owner-occupancy, this quadruplex offers a compelling proposition in the competitive real estate market of the area.

Value-add opportunity
Alex Reyhan

First President of Investments

310-300-3181 Direct
License CA: 02005428
Daniel Hirth

Managing Director

310.300.2838 Direct

License CA: 01515796


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