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$ 5,100,000
$ 6,600,000 22.7%
Est. payment /mo
Sold on 04/04/2025
11927 Gorham Avenue Los Angeles, CA 90049
12,607 SqFt
UPDATED:
Key Details
Sold Price $5,100,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 12,607 sqft
Price per Sqft $404
MLS Listing ID CL24469317
Year Built 1966
Lot Size 9,254 Sqft
Property Sub-Type Other
Property Description
We are pleased to offer for sale a generational multifamily investment opportunity at 11927 Gorham Avenue in the heart of LA's famed community of Brentwood. A mid-century gem, the building boasts an ideal unit mix consisting of large 1 bedroom and 2 bedroom units. There is also an extra spacious 3 bedroom unit with a den and incredible large patio. All of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light. Current ownership has invested significant capital into the property and 6 of the 10 units have been remodeled. The incredible unit mix includes (1) 3-bed, 3-bath with a den unit, (6) 2-bed, 2 bath units, and (3) 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 (soft story retrofit has been completed) as well as an on-site laundry facility. In close proximity 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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Building
New Construction No
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Listed by Jonathan Taksa • Remax Commercial and Investment Realty
Bought with JonathanTaksa
Bought with JonathanTaksa