Investment Overview

Marcus & Millichap is pleased to exclusively present 8843 Alcott Street—a 10-unit multifamily investment in the highly sought-after Pico/Robertson submarket featuring long-term fixed financing and recent major capital improvements. 8843 Alcott Street presents a rare opportunity to acquire a well-located 10-unit multifamily property in the highly desirable Pico/Robertson neighborhood of Los Angeles. Offered at $3,595,000, the property combines a prime West Los Angeles location with long-term fixed financing and recently completed capital improvements. The asset benefits from assumable financing at 3.74% principal and interest, fixed through 2048—providing a significant advantage over current debt markets and delivering long-term stability in cash flow. This favorable financing structure positions the investment as both a defensive and growth-oriented acquisition. The property features a strong unit mix of one- and two-bedroom units, catering to a wide tenant base and supporting consistent occupancy. The location west of Robertson Boulevard places the asset within immediate proximity to Beverly Hills, Century City, and key Westside employment centers—driving sustained rental demand. Recent ownership has completed major capital improvements, including a soft story seismic retrofit, horizontal repiping, and repaving of the driveway and walkways. These upgrades significantly reduce near-term capital expenditure requirements and enhance operational efficiency. With strong in-place income, long-term fixed debt, and the opportunity to increase rents through strategic unit upgrades, 8843 Alcott Street offers investors a compelling blend of stability, upside, and location in one of Los Angeles’ most resilient rental markets.