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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12BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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7,603SQFT
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$525$/SQFT
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 the Combined LA/Westside Multiple Listing Service as of 2022-05-24T07:42:43.297. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.