11930 Gorham Ave | Los Angeles, CA 90049
SALE PRICE: $10,550,000
PRICE/UNIT: $527K PRICE/SF: $494 GRM: 14.36 CAP RATE: 4.78%TRANSACTION HIGHLIGHTS
EXTREMELY Rare & Ultra Prime Brentwood Location – Property is situated on the best street in Brentwood just off San Vicente Blvd & Montana Avenue
SOLD Off Market – All Cash + Non-Contingent Offer with a 7 Day Close to avoid Measure ULA Deadline
FIRST TIME the Property has ever been sold since original Developer built the property in 1972!
FANTASTIC Unit Mix Consisting of Five 1 Bedroom / 1 Bathroom, 10 - 2 Bedroom / 2 Bathroom & Five 3 Bedroom / 2 Bathroom Units
ABILITY to convert the Office into an ADU for a 21st Unit!
RENTS only 16% Below Market! Units have all been remodeled with Stainless Steel Appliances, Recess Lighting, Hardwood Floors & Granite Countertops
PROPERTY is maintained in excellent condition with Little to no Deferred Maintenance
AMPLE Parking available with 40 Spots – Earthquake Seismic Retrofit already completed!
THIS is the 5th and final leg of a 5 Property Brentwood Portfolio all which were sold by Michael Monempour