$3,600,000
SOLD MAY 16, 2025
12 Beds
11 Baths
8,192 Sq Ft
9,378 Sq Ft Lot

Recently Sold

$439 Per Sq Ft

28% Below List Price

104 Days on Market

About This Home

As of May 2025

We are pleased to offer for sale a generational multifamily investment opportunity at 11933 Gorham Avenue in the heart of LA's famed community of Brentwood. The mid-century gem boasts an ideal unit mix consisting of large 1 bedroom and 2 bedroom units. All of these units are spacious, have a terrific floor plan, and offer an abundance of natural light. Current ownership has invested significant capital into the properties and 6 out of the 10 units have been remodeled. The great unit mix includes (1) 2-bed, 2-bath with a private rooftop patio unit, (1) 2-bed, 1 bath unit, and (8) 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 as well as an on-site laundry facility. There is also the opportunity to add ADUs (Buyer to verify). 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

Remax Commercial and Investment Realty

Last Buyer's Agent

Jonathan Taksa

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

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 9,378 Sq Ft Lot

Home Design

  • Split Level Home

Interior Spaces

  • 8,192 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 11 Bathrooms

Parking

  • 10 Car Detached Garage
  • 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 4265-019-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 8192
  • Lot Acreage: 0.2153
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 11.00
  • Price Per S Q F T: 609.74

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Detached
  • Total Parking: 10

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 1365392
  • Assessed Land Percent: 70
  • Assessed Land Value: 3185921
  • Total Assessed Value: 4551313
  • Assessor Parcel Number: 4265-019-013
  • Lot Size Area: 9378

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.10
  • Number Of Units: 10
  • Total Annual Expense: 111841
  • Type Of Units: 1s,2s
  • Vacancy Rate: 3%

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Range of Values:

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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 Change Sq Ft Price
05/16/2025 05/16/25 Sold $3,600,000 0.0% $439 / Sq Ft
04/04/2025 04/04/25 Off Market $2,595 -- --
03/18/2025 03/18/25 Pending -- -- --
01/02/2025 01/02/25 Price Changed $2,595 0.0% $4 / Sq Ft
12/04/2024 12/04/24 For Sale $4,995,000 0.0% $610 / Sq Ft
11/09/2024 11/09/24 Price Changed $2,295 -4.2% $4 / Sq Ft
10/18/2024 10/18/24 Price Changed $2,395 0.0% $4 / Sq Ft
10/18/2024 10/18/24 For Rent $2,395 -7.7% --
08/23/2022 08/23/22 For Rent $2,595 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-469321

The MLS