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$ 3,495,000
Est. payment /mo
Active
11938 Dorothy Street Los Angeles, CA 90049
5,788 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,788 sqft
Price per Sqft $603
MLS Listing ID CL25617149
HOA Y/N No
Year Built 1958
Lot Size 7,875 Sqft
Acres 0.18
Property Sub-Type Other
Property Description
We are pleased to present 11938 Dorothy Street, an exceptional multifamily opportunity located in the highly coveted Westside enclave of Brentwood, one of Los Angeles' most prestigious and consistently strong rental markets. Built in 1958, this 8-unit apartment building sits on one of Brentwood's most picturesque, tree-lined streets and represents a truly one-of-a-kind renovation opportunity. The property is completely vacant, an incredibly rare circumstance in this submarket, allowing an investor to reimagine the entire asset without the challenges of existing tenancies. The current unit mix consists of (6) one-bedroom/one-bath units and (2) two-bedroom/two-bath units, offering an excellent foundation for a luxury repositioning or long-term hold. There may also be potential to add one or two ADUs to further enhance income and value (buyer to verify). Ideally located just moments from the upscale dining, retail, and entertainment destinations of SanVicente Boulevard and Wilshire Boulevard, the property enjoys close proximity to UCLA, Century City, and the beaches of Santa Monica making it an unbeatable location for high-end tenants seeking the quintessential Westside lifestyle. With its prime Brentwood address, complete vacancy, and tremendous redevelopment and income potential,
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 4265021035
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Listed by Jonathan Taksa • Remax Commercial and Investment Realty