11933 Gorham Ave - Apartments FOR SALE


Los Angeles, CA 90049
$4,995,000 USD
424-672-8220
11933 Gorham Ave, Los Angeles, CA for Sale
$4,995,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

11933 Gorham Ave
Los Angeles, CA 90049


HIGHLIGHTS

  • Premier Brentwood location
  • Significant rental upside
  • Majority of units upgraded
  • $354,266 spent on apartment renovations / $47,091 spent on common area renovations
  • Separately metered for gas and electricity
  • Walk to high end dining, retail and nightlife on San Vicente Blvd.

OVERVIEW

Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is 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 a terrific floor plan, and offer anabundance 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). A quick walk 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.

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$610 USD /SF

# OF UNITS

10

PRICE/UNIT

$499,500

CAP RATE

Request Cap Rate

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10 Beautiful Mid-Century Units in Brentwood

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,374 SF

ZONING

LAR3

APN/PARCEL ID

4265-019-013

ASK ABOUT THIS PROPERTY

Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
424-672-8220

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Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
424-672-8220

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.