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… Read More 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. Read Less
Courtesy of Remax Commercial and Investment Realty 213-817-1000
Listing Snapshot
Days Online
37
Last Updated
Property Type
Other
Beds
10
Square Ft.
5,788
Lot Size
0.18 Acres
Year Built
1958
MLS Number
25493561
30 Days Snapshot Of 90049
$5,912k
-10%
(avg) sold price
31
+29%
homes sold
64
-31%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
5,788 sq ft, Built in 1958, Levels: One
Cooling
None
Disclosures
As Is
Garage
None
Heating
None
Lot
LotAcreage: 0.1808, LotSizeArea: 7,875
Parking
TotalParking: 8
Property
NumberOfUnits: 8, Zoning: LAR3
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