Located South of Sunset in highly desirable Brentwood, this charming Triplex is 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. The property is situated nicely on the spacious, 7,406 square foot (per Assessor) lot. Ideally located close to Brentwood Village, the 405 freeway, San Vicente Blvd. and Montana Ave. shops and restaurants, UCLA, Brentwood School, Google’s new office space in Westwood, and Brentwood Country Mart.
About The Property
Stats
Price $2,547,000
Year Built 1946
City Brentwood
Units 3
Current CAP 2.20%
Price p/ Sq. ft. $1,020
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.v