• Asking Price $3,649,000
  • Estimated Value: $3,977,392

  • 11938 DOROTHY ST LOS ANGELES, CA 90049

  • 10 Baths
  • Townhouse or Condo / Resale (MLS)
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Property Details for 11938 DOROTHY ST, LOS ANGELES, CA 90049

Features

  • Lot Size: 7872 sq. ft.
  • Total Units: 8
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1958
  • Property ID: 891325617
  • MLS Number: 24-402959
  • Parcel Number: 4265-021-035
  • Property Type: Townhouse or Condo
  • County: LOS ANGELES
  • Legal Description: WESTGATE SW 50 FT OF NE 100 FT OF LOT/SEC 6 BLK/DIV/TWN 21
  • Zoning: LAR3
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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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Property Brokerage: RE/MAX Commercial & Investment 99 South Lake Ave. Pasadena CA 90505
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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