Back To Search
6142 Alcott Street
Los Angeles, CA 90035
Sold
6142 Alcott Street
Los Angeles, CA 90035
Sold
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.
PROPERTY INFORMATION
| MLS # | 23292893 | Lot Size | 6,000 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,849,000
Price Per SqFt: $ 256 |
DOM | 652 Days |
| Address | 6142 Alcott Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 7,230 Sq. Ft. |
| Postal Code | 90035 | Garage | 7 |
| County | Los Angeles | Year Built | 1929 |
| Bed / Bath | 13 / 0 | Parking | 7 |
| Built In | 1929 | Status | Closed |
| Sold Date | 2023-12-07 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Individual Room |
| Has Heating | Yes |
| Heating Information | Central |
| Has Cooling | Yes |
| Cooling Information | Central Air |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,972
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/08/2023 | Active Under Contract | $1,849,000 |
| 07/21/2023 | Listed | $1,849,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
Interested in buying or selling a home similar to 6142 Alcott Street?
Los Angeles Similar Properties
Listing provided courtesy of Yohann Bensimon, Keller Williams Hollywood Hills. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
