We are pleased to offer for sale a COMPLETELY VACANT 8 unit property in the prestigious Westside community of Brentwood. 11938 Dorothy Street presents a unique opportunity to develop nine (9) expansive, sumptuously appointed apartment units on one of the best streets in the area. Situated on a large 7,872 square foot lot zoned R3, this development site comes with ready-to-issue permits which will enable a developer to immediately start construction upon the close of escrow. The exclusive project will have 15,203 gross square footage with each unit having an average of nearly 1,600 sqft of livable space. These 2 and 3-bedroom units will provide the spaciousness, privacy, and finishes of the most prestigious custom projects. The current improvements consist of a COMPLETELY VACANT 8-unit apartment building consisting of 1 and 2-bedroom floor plans, which could be remodeled / rehabbed into luxury residences. Nestled in close proximity to some of the best high-end dining, entertainment venues, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on a premier turnkey development or rehab project in one of the best rental locations in all of Los Angeles.
Property Details
Price:
$3,649,000
MLS #:
25493561
Status:
Pending
Baths:
0
Address:
11938 Dorothy Street
Type:
Residential Income
Neighborhood:
c06brentwood
City:
Los Angeles
Listed Date:
Feb 3, 2025
State:
CA
ZIP:
90049
Lot Size:
7,875 sqft / 0.18 acres (approx)
Year Built:
1958
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Schools
Interior
Cooling
None
Heating
None
Exterior
Parking Features
None
Parking Spots
8.00
Stories Total
2
Financial
Map
Community
- Address11938 Dorothy Street Los Angeles CA
- AreaC06 – Brentwood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90049
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11938 Dorothy Street
Los Angeles, CA
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