$5,140,000
$5,375,000
4.4%For more information regarding the value of a property, please contact us for a free consultation.
21 Beds
19 Baths
13,244 SqFt
SOLD DATE : 11/18/2024
Key Details
Sold Price $5,140,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 13,244 sqft
Price per Sqft $388
MLS Listing ID 24-376837
Sold Date 11/18/24
Bedrooms 21
Year Built 1963
Lot Size 9,218 Sqft
Acres 0.2117
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 Brentwood
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment None
Laundry Community
Exterior
Garage Carport Attached
Garage Spaces 14.0
Waterfront Description None
View Y/N Yes
View Golf Course
Building
Story 3
Level or Stories Multi/Split, Three Or More
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Lyon Stahl Investment Real Estate, Inc.
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