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.