11926 Dorothy St | Los Angeles, CA 90049
SALE PRICE: $4,865,000
PRICE/UNIT: $540k PRICE/SF: $514 GRM: 17.28 CAP RATE: 3.84%TRANSACTION HIGHLIGHTS
AAA+ Prime Brentwood Location - Rarely traded + highly desirable area steps from Brentwood Village
EXCELLENT Unit Mix consisting of1 (3+3), 3 (2+2), 5 (1+1) and 1 bonus guest room unit
TURNKEY Asset up to market rents to hedge against CA rent control (only 6% upside in rents)
ALL Units remodeled with Hardwood Floors, Stainless Steel Appliances, Recess Lighting + Granite Countertops
PROPERTY is well maintained and in excellent condition
FIRST TIME property has ever been sold since build by the developer in 1965!
BUYER to assume cost + responsibility to complete mandatory earthquake seismic retrofit