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Listing provided courtesy of Jonathan Taksa of Remax Commercial and Investment Realty. Last updated 2019-07-03 09:43:58.000000. Listing information © 2024 CLAW.
Asking Price: $4,750,000
11622 GORHAM, Los Angeles CA 90049
Community: Brentwood
This property was built in 1957 and is priced at $4,750,000. Please see the additional details below.
An extremely unique offering, 11622 Gorham Avenue is an incredible turnkey asset on the best street in the coveted community of Brentwood. This 10 unit building has been well maintained, and consists of an excellent unit mix of 2 bedroom, 1 bedroom and studio units. Each unit offers dynamite floorplans flooded with natural light, large kitchens, and private balconies/patios, and some offer vaulted ceilings. With rents averaging only $2.57/SF, there is tremendous rental upside. Nestled just north of San Vicente Blvd. in an irreplaceable part of Brentwood, 11622 Gorham Avenue is just steps away from the heart of Brentwood's culinary scene and entertainment venues. Available for the first time to purchase in over 4 decades, this highly sought after asset presents the astute investor with the unique opportunity to capitalize on some of the highest rental rates in Los Angeles.