Ikon Advisors is pleased to present 6142 Alcott St, a mid-construction development opportunity in the highly desirable Faircrest Heights neighborhood of Los Angeles. Situated on a vacant 6,000 SF lot, the property is zoned LARD1.5 and is being offered with permits to construct four contemporary three-story townhomes totaling approximately 5,933 SF of living space.

The planned development features two 3-bedroom/3-bath residences, one 3-bedroom/4-bath residence, and one 4-bedroom/2.5-bath residence, for a total of 13 bedrooms and 12.5 bathrooms. Each townhome is designed with a private attached garage, walk-in closets, and additional storage, with select residences offering walk-in kitchen pantries and powder rooms. Construction has already progressed through demolition and grading, with underground plumbing and a methane vent system installed in the foundation. Electrical plans were estimated to be delivered within 2–4 weeks at the time of the listing.

Located two blocks south of Pico Boulevard, approximately half a block east of La Cienega Boulevard, and two blocks west of Crescent Heights, the property offers convenient access to major West Los Angeles destinations. The project also benefits from parking reductions available through AB 2097. The listing notes potential to increase the development to five or six units through applicable affordable housing density incentives, including the standard program or Tier 3 TOC eligibility, subject to verification, approvals, and applicable requirements.