0.18 Acres of Residential Land for Sale in Los Angeles, California

11938 Dorothy St, Los Angeles, CA 90049

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$3,850,000
0.18 acres
Active sale agoEst $38,549/mo

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.

Directions

Between Bundy Drive and Westgate Avenue, just south of San Vicente Blvd.

Property details

Coordinates
34.0498, -118.4692
Zoning
LAR3
Elevation
299 feet
MLS Number
CLAW 24-355497
Date Listed

Parcels

  • 4265-021-035

This 0.18-acre property is located at 11938 Dorothy St in Los Angeles, CA 90049 with latitude 34.0498 and longitude -118.4692. The property is currently available for sale for $3,850,000 with a price per acre of $21,270,718. Listing data is sourced from Combined LA Westside Multiple Listing Service # 24-355497.

Verify sale details at the property source or contact RE/MAX Commercial and Investment Realty at (310) 802-2500.

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Listing checked and updated . Parcel data by Regrid.

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