
Closed Listing
8 Units in Brentwood w/ 23% Upside in Rents
11915 goshen ave
sold in
Brentwood
Sold At
$
3,100,000
8
Number of Units
1958
Year Built
5,639
SF
Square Footage
7,875
SF
Lot Size
LAR3
Zoning
11915 Goshen Ave, Los Angeles, CA 90049
About the Property
Kenny Stevens Team is pleased to present our latest value-add offering in the heart of Brentwood, a highly-desirable West Los Angeles rental market under constant demand by high-income young professionals. Located one block North of Wilshire Blvd, 11915 Goshen Ave offers a short commute to some of the Westside's most popular and trendy hotspots. This value-add property features eight units currently generating approx. $15,0000+ in gross monthly rental income with approx. 23% rental upside compared to renovated units in the area. Averaging approx. 700 SF, several of these bright and spacious units feature wood flooring, large wood-burning fireplaces, high-grade custom granite work in the kitchen and bathroom, and both a front and a back patio. Additional property amenities include a community laundry room, approx. 8 covered parking spaces and seismic retrofitting has been completed.
8
Number of Units
1958
Year Built
5,639
SF
Square Footage
7,875
SF
Lot Size
LAR3
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$387,500
Price p/ Sq. ft.
$603
Proforma Cap Rate
5.30%




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