Description
We are proud to present this 9 unit, value-add, multifamily asset located at 11953 Rochester Ave in West LA 90025. The property is conveniently located in the dynamic and ever expanding Sawtelle section of West Los Angeles. This is an amazingly consistent and growing rental market that is positioned perfectly right in the center of the best that Los Angeles has to offer. The building is a sprawling 7603 sf spread out over the 9 large units and sits on a 6992 sf lot that is zoned LAR3. It is strategically positioned on the corner of Rochester and Brockton with alley access and separation parallel to Brockton making it the perfect anchor in any future development assemblage. This asset also boasts an extremely profitable unit mix combining 4 large 1br + 1 ba units, 3 large 2 br + 1 ba units, a single Bachelor unit and an extra large 2 br + 1.5 ba unit. 3 of the 9 units will be delivered vacant. Additionally, there is an opportunity to build 2 ADU units (please do your own due diligence. ADU and Tenant information has been provided by the Owner. Broker does not guarantee these options.) Property is Tenant occupied. Please do not disturb the tenants. Showings with accepted offer only. Contact the Listing Agents for more information.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
We are proud to present this 9 unit, value-add, multifamily asset located at 11953 Rochester Ave in West LA 90025. The property is conveniently located in the dynamic and ever expanding Sawtelle section of West Los Angeles. This is an amazingly consistent and growing rental market that is positioned perfectly right in the center of the best that Los Angeles has to offer. The building is a sprawling 7603 sf spread out over the 9 large units and sits on a 6992 sf lot that is zoned LAR3. It is strategically positioned on the corner of Rochester and Brockton with alley access and separation parallel to Brockton making it the perfect anchor in any future development assemblage. This asset also boasts an extremely profitable unit mix combining 4 large 1br + 1 ba units, 3 large 2 br + 1 ba units, a single Bachelor unit and an extra large 2 br + 1.5 ba unit. 3 of the 9 units will be delivered vacant. Additionally, there is an opportunity to build 2 ADU units (please do your own due diligence. ADU and Tenant information has been provided by the Owner. Broker does not guarantee these options.) Property is Tenant occupied. Please do not disturb the tenants. Showings with accepted offer only. Contact the Listing Agents for more information.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.