$5,100,000
SOLD APR 4, 2025
18 Beds
18 Baths
12,607 Sq Ft
9,252 Sq Ft Lot

Recently Sold

$405 Per Sq Ft

23% Below List Price

71 Days on Market

About This Home

As of April 2025

We are pleased to offer for sale a generational multifamily investment opportunity at 11927 Gorham Avenue in the heart of LA's famed community of Brentwood. A mid-century gem, the building boasts an ideal unit mix consisting of large 1 bedroom and 2 bedroom units. There is also an extra spacious 3 bedroom unit with a den and incredible large patio. All of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light. Current ownership has invested significant capital into the property and 6 of the 10 units have been remodeled. The incredible unit mix includes (1) 3-bed, 3-bath with a den unit, (6) 2-bed, 2 bath units, and (3) 1-bed, 1 bath units. This is a trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking (soft story retrofit has been completed) as well as an on-site laundry facility. In close proximity to the high-end dining on San Vicente Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.

Last Agent to Sell the Property

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 12/04/2024

Last Buyer's Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 12/04/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 9,254 Sq Ft Lot

Home Design

  • Split Level Home

Interior Spaces

  • 12,607 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 18 Bathrooms

Parking

  • 14 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 4265-019-177

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

9,254 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 12607
  • Lot Acreage: 0.2124
  • Stories: 3
  • Year Built: 1966
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 18
  • Laundry: Laundry Area
  • Total Bathrooms: 18.00
  • Price Per S Q F T: 523.52

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 14

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 2048091
  • Assessed Land Percent: 70
  • Assessed Land Value: 4778881
  • Total Assessed Value: 6826972
  • Assessor Parcel Number: 4265-019-177
  • Lot Size Area: 9254

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.95
  • Number Of Units: 10
  • Type Of Units: 1s,2s,3s
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2025 04/04/25 Sold $5,100,000 +152366.4% $405 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/04/2025 02/04/25 Off Market $3,345 -- --
12/04/2024 12/04/24 For Sale $6,600,000 0.0% $524 / Sq Ft
11/09/2024 11/09/24 Price Changed $3,345 -2.9% --
10/18/2024 10/18/24 Price Changed $3,445 0.0% --
10/18/2024 10/18/24 For Rent $3,445 -23.4% --
11/19/2022 11/19/22 Price Changed $4,500 +34.5% --
08/23/2022 08/23/22 For Rent $3,345 -- --
Source: The MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $85,282 $7,102,780 $4,971,947 $2,130,833
2024 $85,282 $6,963,510 $4,874,458 $2,089,052
2023 $83,628 $6,826,972 $4,778,881 $2,048,091
2022 $79,741 $6,693,111 $4,685,178 $2,007,933
2021 $78,749 $6,561,874 $4,593,312 $1,968,562
2019 $76,391 $6,368,047 $4,457,073 $1,910,974
2018 $76,098 $6,243,200 $4,369,680 $1,873,520
2016 $72,713 $6,000,000 $4,200,000 $1,800,000
2015 $7,719 $546,690 $183,585 $363,105
2014 $7,811 $535,982 $179,989 $355,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-469317

The MLS
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