11938 Dorothy Street,Los Angeles, CA 90049
Los Angeles, CA 90049
Description
We are pleased to present 11938 Dorothy Street, an exceptional VACANT 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 and fenced, 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, 11938 Dorothy Street stands as a rare, generational acquisition in one of Los Angeles' most supply-constrained rental markets.
Details
| MLS # | 26850513 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1958 |
| Days On Site | 70 |
| Listing Provided By | Remax Commercial and Investment Realty | Jonathan Taksa |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 10 |
| SQ Feet | 5,788 |
| Story(s) | 1 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.18 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
Parking
| Parking Features | None |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90049 |
| Area | C06 Brentwood |
| Listing VS Median (in 90049) | |
Price: $3,495,000 low | high Med: $3,495,000 sqft: 5,788 low | high Med: 5,788 $ / sqft: $604 low | high Med: $604 On site: 70 low | high Med: 70 | |
Market Activity 90049
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90049 |
| Area | C06 Brentwood |
| Listing VS Median (in 90049) | |
Price: $3,495,000 low | high Med: $3,495,000 sqft: 5,788 low | high Med: 5,788 $ / sqft: $604 low | high Med: $604 On site: 70 low | high Med: 70 | |