11296 Brookhaven Ave - Apartments FOR SALE


Los Angeles, CA 90064- Mar Vista
$3,300,000 USD
818-642-4123
11296 Brookhaven Ave, Los Angeles, CA for Sale
$3,300,000 USD
Apartments - FOR SALE
1/12
null | 4.82% Cap Rate

11296 Brookhaven Ave
Los Angeles, CA 90064
Mar Vista


HIGHLIGHTS

  • Four – 2BR/1BA, Four – 1BR/1BA Units, and Four Studio Units.
  • Offering located in one of most desirable rental markets of West Los Angeles with an ideal renter profile.
  • Value-add investment opportunity with approximately 31% upside in rent.
  • Potential to add Three (3) additional dwelling Units (ADU’s) located at tuck under parking on the Sawtelle side.
  • Also available as a portfolio sale (see brochure).

OVERVIEW

One Unit delivered VACANT - 11296 Brookhaven Ave presents a rare opportunity to acquire a twelve-unit multifamily asset in the highly sought-after West Los Angeles submarket. Ideally positioned in Rancho Park, adjacent to Sawtelle and Cheviot Hills, the property offers residents convenient access to a diverse array of shopping, dining, and entertainment options. Situated on an 8,626 SF lot, the building features 6,292 SF of rentable space, comprising four (4) two-bedroom, one-bath units, four (4) one-bedroom, onebath units, and four (4) studio units. Additionally, the property offers significant ADU potential, providing investors with an opportunity to further maximize rental income and value. This rarely traded asset is located in one of the most desirable rental markets in Los Angeles, offering over 30% rental upside. With strong appreciation potential and the ability to unlock additional income through ADU development, this offering represents a compelling opportunity for a savvy investor.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$524 USD /SF

# OF UNITS

12

PRICE/UNIT

$275,000

CAP RATE

4.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,625 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

4258-018-011

ASK ABOUT THIS PROPERTY

Nathan ShaolianKidder MathewsMore Info
818-642-4123

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Nathan ShaolianKidder MathewsMore Info
818-642-4123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.