11938 Dorothy Street

Description

We are pleased to offer for sale a COMPLETELY VACANT 8 unit property 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 consist of a COMPLETELY VACANT 8-unit apartment building consisting of 1 and 2-bedroom floor plans, which could be remodeled / rehabbed into luxury residences. 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 or rehab project in one of the best rental locations in all of Los Angeles.

Listing information courtesy of: Jonathan Taksa, Remax Commercial and Investment Realty 424-672-8220. *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.