11938 Dorothy St
LOS ANGELES, CA 90049

Property

Ownership: For Sale
Bedrooms: 10 BR
Bathrooms: 10
Area: 7875 sq ft
Lot Size: 0.18 Acres

Financials

Price:$3,495,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Remax Commercial and Investment Realty

11938 Dorothy St 10BR Brentwood La

Description

We are pleased to present 11938 Dorothy Street, an exceptional 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, 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.

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.