$3,395,000

Residential Income In Los Angeles

  • 10 Beds
  • 10 Baths
  • 5,788 Sqft
  • 7,875 Sqft lot
  • Updated: September 7
  • Source:
    The MLS (CLAW)  MLS#26850513

About the Property

REDUCED AGAIN! NOW PRICED TO SELL! UNIQUE REAL ESTATE! 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
REDUCED AGAIN! NOW PRICED TO SELL! UNIQUE REAL ESTATE! 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.
  • Property type

    Other

  • Floors

    2

  • Year built

    1958

  • Price/sqft

    $586

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Remax Commercial and Investment Realty - Pasadena

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Remax Commercial and Investment Realty - Pasadena
California, United States
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19
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2025
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Remax Commercial and Investment Realty - Pasadena
Pasadena, California, United States
View agency profile
Last updated
September 7
First listed
Jun 23
Listing reference
26850513
Listing status
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