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.
46 days
|
209
|
12
|
Zillow last checked:
Listing updated:
Listed by:
Jonathan TaksaDRE # 01366169310-968-5303,
Remax Commercial and Investment Realty213-817-1000
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.