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11938 Dorothy St

Los Angeles, CA 90049
  • $3,649,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 24-402959
UPDATED: 140 min ago
$3,649,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

We are pleased to offer for sale a development / rehab opportunity 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 are a vacant 8-unit apartment building consisting of 1 and 2-bedroom floor plans, which a Buyer can completely renovate. 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 project in one of the best rental locations in all of Los Angeles.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-07-24T19:43:15.083. 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.
www.deserthouseseekers.com/homes/151563399
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11938 Dorothy St Los Angeles, CA 90049

  • Price: $3,649,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 140 min ago
  • MLS #: 24-402959
0
Beds
0
Baths
0
½ Baths
0.18
Acres
Neighborhood:
Brentwood
County:
Los Angeles
Area:
Brentwood
Property Description
We are pleased to offer for sale a development / rehab opportunity 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 are a vacant 8-unit apartment building consisting of 1 and 2-bedroom floor plans, which a Buyer can completely renovate. 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 project in one of the best rental locations in all of Los Angeles.
Exterior Features

Lot Size Area 7875 View Description None View YN No

Property Features

Cable YN Yes Disclosures As Is Sale Type Standard Source Lot Size Area Assessor Zoning LAR3

Listing provided courtesy of Jonathan Taksa DRE#01366169 of Remax Commercial and Investment Realty: 213-817-1000.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-07-24T19:43:15.083. 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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Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210