$4,250,000
We are pleased to offer for sale a rare multifamily investment opportunity at 11946 Dorothy Street in the heart of LA's famed community of Brentwood. Consisting of 10 large units encompassing a beautifully landscaped setting, the building boasts an ideal unit mix of large 1-bedroom, 2-bedroom, and 3-bedroom units. Each of these units is spacious, has a terrific floor plan, and offers an abundance of natural light. The unit mix includes (1) 3-bed, 2-bath unit, (2) 2-bed, 1-bath units, and (7)1-bed, 1-bath units. This is a trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include ample on-site parking, lushly landscaped grounds, and an onsite laundry facility. All soft story seismic retrofitting has been completed by ownership. In close proximity to the high-end dining and nightlife along San Vicente Blvd, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
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Listed by Jonathan Taksa with Remax Commercial and Investment Realty (213) 817-1000
Property Type
Residential Income
Status
Active
MLS Number
26719441
Year Built
1970
Lot Size
7,876 sq ft