8828 Alcott, Los Angeles, CA 90035

Description

Sophisticated owner-user duplex offering nearly 3,500 sq ft of living space on a nearly 6,000 sq ft lot in the heart of walkable Pico-Robertson. The fully remodeled lower unit is a true 4-bedroom, 2.5 bath residence that feels like a single-family home, featuring an open floor plan with a state-of-the-art kitchen flowing into living and dining areas accented by beautiful custom wood built-ins, in-unit laundry, surround sound, and exclusive private backyard plus garage access (formerly leased at $7,000/month). The bright upper unit is a 2-bedroom, 2-bath currently rented at $3,350/month. Two attached 2-car garages (one partially converted to a rec room) offer covered parking and the potential to convert into one extra-large ADU or two ADUs. Zoned R3 with TOC Tier 2 and TCAC Highest Resource designation, the property enjoys a 60% density bonus plus parking and FAR incentives in exchange for a modest affordable set-aside, with the Highest Resource status further strengthening eligibility for tax-credit and other financing tools. Ideal location steps from Pico Boulevard's shops, restaurants, and daily conveniencescombining turnkey luxury living, solid current income, and meaningful development upside.

Features

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• 0.14 Acres
• 2 Stories