11927 Gorham Avenue

Los Angeles, CA 90049

$6,600,000
Price
18
Beds
18
Baths
12,607 Sq. Ft.
$524 / Sq. Ft.
12,607
Sq. Ft.
$524
per Sq. Ft.

Description

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...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.
  1. Listed by Jonathan Taksa • DRE #01366169 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Property Details for 11927 Gorham Avenue

Zoning
LAR3
Parcel Number
4265019177
Total Units
10.0
Living Area
12607
Source Living Area
Vendor Enhanced
Area
Brentwood (C06)
Vacancy Rate
3%
Lot Size Area
9254
LISTING UPDATED: 12/04/2024 01:35 PM

Property Details for 11927 Gorham Avenue

StatusActive
MLS #24-469317
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1966
Lot Size0.21 AC / 9,254 SF
CountyLos Angeles County

Building Information for 11927 Gorham Avenue

Stories3Residences-Year Built1966Building Size-Lot Size0.21 AC / 9,254 SF

Property Information for 11927 Gorham Avenue

Community / Development
Community / Development
  • Number Of Units: 10
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: 1s,2s,3s
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $351,145
  • Net Operating Income: $200,597.00
  • Gross Income: $348,337
  • Gross Rent Multiplier: $18.95
  • Total Annual Expense: 140098
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2124
  • Lot Size Square Feet: 9254
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 14
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-04-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $2,449.00
  • Unit Actual Rent: $2,449.00
  • Unit Projected Rent: $5,195.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,181.00
  • Unit Actual Rent: $19,088.00
  • Unit Projected Rent: $23,970.00
  • Like Units: 6
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,497.00
  • Unit Actual Rent: $7,491.00
  • Unit Projected Rent: $9,285.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $2,048,091.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $4,778,881.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $6,826,972.00

Property History for 11927 Gorham Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11927 Gorham Avenue

Taxable ValueLand$4,874,458Additions$2,089,852Total$6,964,310
Tax Record2024$85,282 ($7,107 / month)
Home Facts
Total Finished SqFt12,607 SqFtAbove Grade Finished SqFt12,607 SqFtLot Size9,251 SqFtStyleMulti-Family Res (5+ Units)Year Built1966ZoningLAR3CountyLOS ANGELESAPN4265-019-177

Schools near 11927 Gorham Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Rating
School
Distance
Brockton Avenue Elementary School
PublicK to 5

Brentwood Science School
PublicK to 5

Paul Revere Middle School
Charter6 to 8

University Senior High School Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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11927 Gorham Avenue is a multi-family home for sale in Los Angeles, CA 90049. This property was listed for sale on December 4, 2024 by Remax Commercial and Investment Realty, it's currently listed at $6,600,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Brockton Avenue Elementary School, Brentwood Science School and Paul Revere Middle School. 11927 Gorham Avenue is a 18-bed, 18-bath, 12,607 sqft multi-family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa, DRE #01366169

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.