Extraordinary value add investment in prime Brentwood! Ability to raise rents by 31%! Valued at $6.3M but selling for only $5,797,000. Walking distance to Brentwood Country Club. Bike riding distance to Santa Monica Beach. Building has 10 large units, all with balconies & separately metered for gas/electrical. Four large 1 bedroom units, four 2 bedroom/2 bath units. PLUS Penthouse suite has 3 bedrooms/2 baths with extra-large terrace, wet bar, fireplace, high ceilings, sky lights, central air, private laundry & area for private home gym/office. 2nd Penthouse Suite has large 1 bedroom w/huge private terrace & fireplace. Great Value Add & legacy investment by raising rents, remodeling remaining 5 units & doing exterior upgrades. 5 units have been remodeled w/central AC/heat, beautiful flooring, remodeled baths & kitchens. Great owner user building because owner can occupy Penthouse w/ 3 bedroom/2 baths.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
