Skip To Content

11307 Isleta St

Los Angeles, CA 90049
  • $5,200,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 21-102715
UPDATED: 32 min ago
$5,200,000
  • 22
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,114
    SQFT
  • $514
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Area:

School Ratings & Info

Description

Isleta & Church is comprised of two adjacent multifamily investment assets located at 11307 Isleta Street and 217 Church Lane in upscale, residential Brentwood, one of the most desirable neighborhoods in the country. This portfolio provides an extremely rare opportunity to own in the Brentwood area, where only three apartment buildings have traded in the past 10 years.The two continuous lots comprise a sizable total area of 10,114 square feet. Both assets are 1950's buildings with mid-centry modern architectural lines, offering 12 bright, spacious units in total, (1) 3BD/2 BA, (8) 2BD/1BA, and (3) 1BD/1 BA. Units feature hardwood floors with upgraded kitchens and bathrooms. Ample parking is available with six onsite spaces per building. Onsite laundry facilities provide additional income.Residents in Brentwood enjoy proximity to many hiking trails, parks, and open space preserves in the beautiful Santa Monica Mountains. Will Rogers State Park is a local favorite for hiking, picnicking and horseback riding, as well as the home of the annual Veuve Clicquot Polo Classic. Traveling just eight miles west along Sunset Boulevard finds Sunset Beach, along with Mastro's Ocean Club and Gladstone's, where tourists and locals alike flock to for a fine dining experience overlooking the ocean.Just five miles east finds world-class shopping and dining along Rodeo Drive and downtown Beverly Hills as well as a plethora of nightlife entertainment along the famous Sunset Strip in West Hollywood.Given the property's unmatched location and opportunity for earning potential, Isleta & Church promises to provide investors with stable long-term returns.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T13:43:25.427. 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.
www.searchdesertrealestate.com/homes/123181576
Print Image

11307 Isleta St Los Angeles, CA 90049

  • Price: $5,200,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 32 min ago
  • MLS #: 21-102715
22
Beds
0
Baths
0
½ Baths
0.14
Acres
10,114
SQFT
$514
$/SQFT
1953
Built
Neighborhood:
Brentwood
County:
Los Angeles
Area:
Brentwood
Property Description
Isleta & Church is comprised of two adjacent multifamily investment assets located at 11307 Isleta Street and 217 Church Lane in upscale, residential Brentwood, one of the most desirable neighborhoods in the country. This portfolio provides an extremely rare opportunity to own in the Brentwood area, where only three apartment buildings have traded in the past 10 years.The two continuous lots comprise a sizable total area of 10,114 square feet. Both assets are 1950's buildings with mid-centry modern architectural lines, offering 12 bright, spacious units in total, (1) 3BD/2 BA, (8) 2BD/1BA, and (3) 1BD/1 BA. Units feature hardwood floors with upgraded kitchens and bathrooms. Ample parking is available with six onsite spaces per building. Onsite laundry facilities provide additional income.Residents in Brentwood enjoy proximity to many hiking trails, parks, and open space preserves in the beautiful Santa Monica Mountains. Will Rogers State Park is a local favorite for hiking, picnicking and horseback riding, as well as the home of the annual Veuve Clicquot Polo Classic. Traveling just eight miles west along Sunset Boulevard finds Sunset Beach, along with Mastro's Ocean Club and Gladstone's, where tourists and locals alike flock to for a fine dining experience overlooking the ocean.Just five miles east finds world-class shopping and dining along Rodeo Drive and downtown Beverly Hills as well as a plethora of nightlife entertainment along the famous Sunset Strip in West Hollywood.Given the property's unmatched location and opportunity for earning potential, Isleta & Church promises to provide investors with stable long-term returns.
Exterior Features

Lot Size Area 11810 Other Structures None Parking Garage CarportCovered Parking Total Parking 12

Interior Features

Baths Total 12.00 Cooking Appliances Gas/Electric Range Cooling None Equipment Ceiling FanRange/Oven Flooring Hardwood Heating Wall Gas Laundry Laundry Area

Property Features

Gross Income 274799 Gross Operating Income 266555 Like Units1 1 Like Units2 8 Like Units3 3 Net Operating Income 157160.00 Number Of Buildings 2 Number Of Units 12 Sale Type Standard Source Living Area Owner Source Lot Size Area Owner Total Annual Expense 45118 Type Of Units Apartment Year Built Source Seller Zoning Lar3

Listing provided courtesy of Kimberly Roberts Stepp DRE#01251767 of Stepp Commercial.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T13:43:25.427. 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.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-102715-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-102715-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-102715-2.jpg
Logo
The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210