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Key Details
Sold Price $5,140,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 13,244 sqft
Price per Sqft $388
MLS Listing ID 24376837
Sold Date 11/18/24
Bedrooms 21
HOA Y/N No
Year Built 1963
Lot Size 9,217 Sqft
Property Description
Major price improvement $5,375,000! Generational Asset in Prime Brentwood! We are proud to present this 13,244 SF building comprised of two 3 bed/ 2 bath penthouse style units comprising the whole 3rd floor, Seven - 2 bed/ 2 bath units, and One - 1 bed/ 1 Bath units. Two of the 2Bed/2Bath units will be delivered vacant at Close of Escrow. All the units are extremely spacious allowing a savvy investor to maximize the income potential. 80% of the units have been renovated and redone including quartz countertops, and walk-in closets. The elevator was updated 3 year ago. Beyond the top value for these beautiful units, there is even more value in its location. It is a short walk to San Vicente and all of the luxury amenities that Brentwood has to offer. This property also features on-site parking, on-site laundry, and the seismic retrofitting has already been completed by the Seller. Units have received the allowable rental increases in February of 2024. *Drive by only! Do not disturb the tenants*
Location
State CA
County Los Angeles
Area C06 - Brentwood
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Attached Carport
View Y/N Yes
View Golf Course
Attached Garage Yes
Total Parking Spaces 14
Building
Faces North
Story 3
Entry Level Three Or More,Multi/Split
Level or Stories Three Or More, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4265019026
Special Listing Condition Standard
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Bought with Michael Monempour • Lyon Stahl Investment Real Estate, Inc.
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130