SUCCESS STORY
Over-Asking Brentwood Sale Closes in 21 Days
124-128 S Bowling Green Way
A Compass BH residential agent reached out to KST to help the sellers cash out. We generated 6 offers and accepted an over-asking offer.
Price
$
2,547,000
City
Brentwood
Current Cap Rate
2.20
%
Price P/ Unit
$
849,000
Lot Size
7,406
SF
124 s bowling green
About the Property
Located South of Sunset Blvd in the affluent Westside community of Brentwood, 124 S Bowling Green Way was a rare find. Nestled in the midst of a peaceful and serene, mostly residential neighborhood with multi-million dollar homes, charm, charm, charm abounds throughout the property. This charming triplex was situated nicely on a 7,406 SF lot. Ideally located close to Brentwood Village, the 405 freeway, San Vicente Blvd. and Montana Ave. shops and restaur ants, UCLA, Brentwood School, Google's new office space in Westwood, and Brentwood Country Mart.
Price
$
2,547,000
City
Brentwood
Current Cap Rate
2.20
%
Price P/ Unit
$
849,000
Lot Size
7,406
SF
Background
Located north of San Vicente Blvd and near Brentwood Village, this charming triplex presented investors with a potential development opportunity with significant long-term potential. A Compass Beverly Hills residential agent, who had an established Seller relationship, reached out to KST to help her clients cash out.
Result
Due to proper pricing strategies and marketing campaigns to an extensive network of SoCal investors, Max and Jodi generated six offers in one week. The Sellers accepted an over-asking offer that went non-contingent in one week and closed 21 days later at $2,547,000. Given market conditions, our Sellers were thrilled with the outcome, cashing out 45 days after signing the listing agreement.
