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11677 Goshen Ave

Los Angeles, CA 90049
  • $38,495,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 21-101343
UPDATED: 51 min ago
$38,495,000
  • 70
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 59,071
    SQFT
  • $652
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:
Area:

School Ratings & Info

Description

11677 & 11683 Goshen Avenue is a generational multifamily investment opportunity located in the heart of LA's famed community of Brentwood. Consisting of 2 properties each with their own APN, the buildings boast an ideal unit mix consisting of all large 1 bedroom & 2 bedroom units. Each of these units are extremely spacious, have a terrific floorplan, and offer an abundance of natural light.Current ownership has invested significant capital into the properties and over 70% of the units have been remodeled. The unit mix includes (62)1-bed, 1-bath units, (4) 1-bed, 1.5-bath with a den units, and (2) 2-bed, 2 bath units. These are trophy assets in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking for 80 cars as well as an on-site laundry facility in each building, a sparkling pool, a sauna, and a vacant large pool room that would be suitable for a perfect gym or entertainment area. A quick walk to the high-end dining on San Vicente Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.

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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/122970328
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11677 Goshen Ave Los Angeles, CA 90049

  • Price: $38,495,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 51 min ago
  • MLS #: 21-101343
70
Beds
0
Baths
0
½ Baths
0.34
Acres
59,071
SQFT
$652
$/SQFT
1971
Built
Neighborhood:
Brentwood
County:
Los Angeles
Area:
Brentwood
Property Description
11677 & 11683 Goshen Avenue is a generational multifamily investment opportunity located in the heart of LA's famed community of Brentwood. Consisting of 2 properties each with their own APN, the buildings boast an ideal unit mix consisting of all large 1 bedroom & 2 bedroom units. Each of these units are extremely spacious, have a terrific floorplan, and offer an abundance of natural light.Current ownership has invested significant capital into the properties and over 70% of the units have been remodeled. The unit mix includes (62)1-bed, 1-bath units, (4) 1-bed, 1.5-bath with a den units, and (2) 2-bed, 2 bath units. These are trophy assets in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking for 80 cars as well as an on-site laundry facility in each building, a sparkling pool, a sauna, and a vacant large pool room that would be suitable for a perfect gym or entertainment area. A quick walk to the high-end dining on San Vicente Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
Exterior Features

Lot Size Area 26250 Other Structures None Parking Garage AssignedCovered Parking Pool Description In Ground Pool YN Yes Total Parking 80

Interior Features

Baths Total 74.00 Cooling Wall/Window Equipment Dishwasher Flooring Laminate Heating Wall Laundry Community Laundry Equipment Own

Property Features

Assessed Total Value 14835677 Gross Income 1765817 Gross Operating Income 1720928 Like Units1 62 Like Units2 4 Like Units3 4 Net Operating Income 1005919.00 Number Of Buildings 2 Number Of Units 68 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 715009 Type Of Units 1S2S Year Built Source Assessor Zoning Lar4

Listing provided courtesy of Jonathan Taksa DRE#01366169 of Remax Commercial And Investment Realty.


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.
 
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