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$ 3,649,000
Est. payment | /mo
10 Beds
10 Baths
5,788 SqFt
$ 3,649,000
Est. payment | /mo
10 Beds
10 Baths
5,788 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,788 sqft
Price per Sqft $630
MLS Listing ID 25493561
Bedrooms 10
HOA Y/N No
Year Built 1958
Lot Size 7,875 Sqft
Property Description
We are pleased to offer for sale a COMPLETELY VACANT 8 unit property in the prestigious Westside community of Brentwood. 11938 Dorothy Street presents a unique opportunity to develop nine (9) expansive, sumptuously appointed apartment units on one of the best streets in the area. Situated on a large 7,872 square foot lot zoned R3, this development site comes with ready-to-issue permits which will enable a developer to immediately start construction upon the close of escrow. The exclusive project will have 15,203 gross square footage with each unit having an average of nearly 1,600 sqft of livable space. These 2 and 3-bedroom units will provide the spaciousness, privacy, and finishes of the most prestigious custom projects. The current improvements consist of a COMPLETELY VACANT 8-unit apartment building consisting of 1 and 2-bedroom floor plans, which could be remodeled / rehabbed into luxury residences. Nestled in close proximity to some of the best high-end dining, entertainment venues, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on a premier turnkey development or rehab project in one of the best rental locations in all of Los Angeles.
Location
State CA
County Los Angeles
Area C06 - Brentwood
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 8
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4265021035
Special Listing Condition Standard
Listed by Jonathan Taksa • Remax Commercial and Investment Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "