11938 Dorothy Street

Los Angeles, CA 90049

$3,850,000
Price
10
Beds
10
Baths
5,788 Sq. Ft.
$665 / Sq. Ft.
5,788
Sq. Ft.
$665
per Sq. Ft.

Description

VACANT apartment building on one of the best streets in Brentwood! Renovate or redevelop! 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...VACANT apartment building on one of the best streets in Brentwood! Renovate or redevelop! 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 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 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.
  1. Listed by Jonathan Taksa • DRE #01366169 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Property Details for 11938 Dorothy Street

Zoning
LAR3
Parcel Number
4265021035
Total Units
8.0
Living Area
5788
Source Living Area
Assessor
Area
Brentwood (C06)
Vacancy Rate
0
Lot Size Area
7875

Location

Listing Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa, DRE #01366169
Add your commute
LISTING UPDATED: 02/14/2024 12:01 AM

Property Details for 11938 Dorothy Street

StatusActive
MLS #24-355511
Days on Market87
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.18 AC / 7,875 SF
CountyLos Angeles County

Location

Listing Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa, DRE #01366169
Add your commute

Building Information for 11938 Dorothy Street

Stories-Residences-Year Built1958Building Size-Lot Size0.18 AC / 7,875 SF

Payment Calculator

$23,158 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,011

Property Taxes

$2,147

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11938 Dorothy Street

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 1s,2s
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1808
  • Lot Size Square Feet: 7875
Parking Details
Parking Details
  • Parking Garage: Detached
  • Total Parking: 9
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-06-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 6
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $487,227.00
  • Assessed Improvement Percent: 23.73
  • Assessed Land Value: $1,566,102.00
  • Assessed Land Percent: 76.27
  • Assessed Total Value: $2,053,329.00

Property History for 11938 Dorothy Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11938 Dorothy Street

Taxable ValueLand$1,566,102Additions$487,507Total$2,053,609
Tax Record2023$25,770 ($2,147 / month)
Home Facts
Total Finished SqFt5,788 SqFtAbove Grade Finished SqFt5,788 SqFtLot Size7,872 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningLAR3CountyLOS ANGELESAPN4265-021-035

Schools near 11938 Dorothy Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Rating
School
Distance
Brockton Avenue Elementary School
PublicK to 5

Brentwood Science School
PublicK to 5

Paul Revere Middle School
Charter6 to 8

University Senior High School Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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11938 Dorothy Street is a multi-family home for sale in Los Angeles, CA 90049. This property was listed for sale on February 6, 2024 by Remax Commercial and Investment Realty, it's currently listed at $3,850,000. It has been on the market for a total of 87 days and was last sold on May 6, 2002. This listing's school district is Los Angeles Unified School District. Nearby schools include Brockton Avenue Elementary School, Brentwood Science School and Paul Revere Middle School. 11938 Dorothy Street is a 10-bed, 10-bath, 5,788 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa, DRE #01366169

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.