We are pleased to offer for sale a generational multifamily investment opportunity at 11933 Gorham Avenue in the heart of LA's famed community of Brentwood. The mid-century gem boasts an ideal unit mix consisting of large 1 bedroom and 2 bedroom units. All of these units are spacious, have… Read More a terrific floor plan, and offer an abundance of natural light. Current ownership has invested significant capital into the properties and 6 out of the 10 units have been remodeled. The great unit mix includes (1) 2-bed, 2-bath with a private rooftop patio unit, (1) 2-bed, 1 bath unit, and (8) 1-bed, 1 bath units. This is a trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking as well as an on-site laundry facility. There is also the opportunity to add ADUs (Buyer to verify). In close proximity to the high-end dining on San Vicente Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles. Read Less
Property listed by Remax Commercial and Investment Realty, Jonathan Taksa 213-817-1000
Listing Snapshot
Days Online
42
Last Updated
Property Type
Other
Beds
12
Square Ft.
8,192
Lot Size
0.22 Acres
Year Built
1954
MLS Number
24469321
30 Days Snapshot Of 90049
$798k
-74%
(avg) sold price
1
-95%
home sold
43
-52%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1954, Building area total: 8,192, Levels: MultiSplit, Living area: 8192, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross income: $271,777, Net operating income: $156,018
Lot
0.2153 acres, 9,378 square feet, Size: 9,378
Parking
10 totals parking, Assigned
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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