Located one half mile south of Beverly Hills, The Alcott Apartments consist of two spacious 2bd/1ba units complete with formal dining rooms, one 2bd/1ba and three 1bd/1ba units. The Alcott Apartments provide tenants access to shopping, places of worship, schools, and public transportation within easy walking distance. Units are separately metered for gas and electricity. The Alcott Apartments have great upside potential to increase rents in the future and could be an ideal investment for an owner-occupant or investor seeking a smaller pride-of-ownership apartment building in an irreplaceable location. Development possibilities for four unit small lot project, or take advantage of the TOC (Tier 3) guidelines for higher density development. MOTIVATED SELLER...1031 Exchange already identified.
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Listing Courtesy ofCore Commercial Real Estate, Inc.