11938 Dorothy St Los Angeles CA MLS #24-355497

11938 Dorothy St
Los Angeles, CA,
$3,850,000
Beds
0 Baths
SqFt
0.18 Acres
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We are pleased to offer for sale a development opportunity 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 uponthe 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 are a VACANT 8-unit apartment building consisting of 1 and 2-bedroom floor plans. 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 project in one of the best rental locations in all of Los Angeles.

Property Details

Price:
$3,850,000
MLS #:
24-355497
Status:
Active
Baths:
0
Address:
11938 Dorothy St
Type:
Land
Neighborhood:
brentwood
City:
Los Angeles
Listed Date:
Feb 6, 2024
State:
CA
Lot Size:
7,875 sqft / 0.18 acres (approx)
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