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11938 Dorothy St, Los Angeles, CA 90049
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11938 Dorothy St Los Angeles, CA 90049

$3,850,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$3,850,000 Get Pre-Qualified
Map preview of 11938 Dorothy St, Los Angeles, CA 90049

Property Overview: 11938 Dorothy St Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 7,875 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to offer for sale a development opportunity in the prestigious Westside community of Brentwood. 11938 Dorothy Street presents a unique opportunity to develop nine (9) expansive, sumptuously appointed apartment units on one of the best streets in the area. Situated on a large 7,872 square foot lot zoned R3, this development site comes with ready-to-issue permits which will enable a developer to immediately start construction uponthe close of escrow. The exclusive project will have 15,203 gross square footage with each unit having an average of nearly 1,600 sqft of livable space. These 2 and 3-bedroom units will provide the spaciousness, privacy, and finishes of the most prestigious custom projects. The current improvements are a VACANT 8-unit apartment building consisting of 1 and 2-bedroom floor plans. Nestled in close proximity to some of the best high-end dining, entertainment venues, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on a premier turnkey development project in one of the best rental locations in all of Los Angeles.

Listed by Jonathan Taksa | BRE #01366169 | Remax Commercial and Investment Realty
Last checked: 9 minutes ago | Last updated: February 14th, 2024 | Source CRMLS | DOM: 67
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Home details

Lot Sq. Ft
7,875
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
24355497
City
Los Angeles
County
Los Angeles
Time on Site
84 days

Open Houses for 11938 Dorothy St

No upcoming open houses

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Property Details for 11938 Dorothy St

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Parcel Number: 4265021035
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between Bundy Drive and Westgate Avenue, just south of San Vicente Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 11938 Dorothy St

Last sold on September 6th, 2002

  • February, 2024

  • Feb 6, 2024

    Date

    Active

    CRMLS: 24355497

    $3,850,000

    Price

  • January, 2024

  • Jan 17, 2024

    Date

    Expired

    CRMLS: 23320665

    $3,995,000

    Price

  • Oct 12, 2023

    Date

    Active

    CRMLS: 23320665

    $3,995,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT CONTACT SELLER DIRECTLY. PROPERTY WILL BE BROUGHT BACK TO THE MARKET SHORTLY. ONLY CONTACT LISTING BROKER. We are pleased to offer for sale a development opportunity in the prestigious Westside community of Brentwood. 11938 Dorothy Street presents a unique opportunity to develop nine (9) expansive, sumptuously appointed apartment units on one of the best streets in the area. Situated on a large 7,872 square foot lot zoned R3, this development site comes with ready-to-issue permits which will enable a developer to immediately start construction uponthe close of escrow. The exclusive project will have 15,203 gross square footage with each unit having an average of nearly 1,600 sqft of livable space. These 2 and 3-bedroom units will provide the spaciousness, privacy, and finishes of the most prestigious custom projects. The current improvements are a VACANT 8-unit apartment building consisting of 1 and 2-bedroom floor plans. Nestled in close proximity to some of the best high-end dining, entertainment venues, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on a premier turnkey development project in one of the best rental locations in all of Los Angeles.

  • January, 2024

  • Jan 17, 2024

    Date

    Expired

    CRMLS: 23320673

    $3,995,000

    Price

  • Oct 12, 2023

    Date

    Active

    CRMLS: 23320673

    $3,995,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT CONTACT SELLER DIRECTLY. PROPERTY WILL BE BROUGHT BACK TO THE MARKET SHORTLY. ONLY CONTACT LISTING BROKER. We are pleased to offer for sale a VACANT apartment building with RTI permits in the prestigious Westside community of Brentwood. 11938 Dorothy Street presents a unique opportunity to develop nine (9) expansive, sumptuously appointed apartment units on one of the best streets in the area or renovate the existing improvements. Situated on a large 7,872 square foot lot zoned R3, this development site comes with ready-to-issue permits which will enable a developer to immediately start construction upon the close of escrow. The exclusive project will have 15,203 gross square footage with each unit having an average of nearly 1,600 sqft of livable space. These 2 and 3-bedroom units will provide the spaciousness, privacy, and finishes of the mostprestigious custom projects. The current improvements are a vacant 8-unit apartment building consisting of 1 and 2-bedroom floor plans. Nestled in close proximity to some of the best high-end dining, entertainment venues, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on a premier turnkey development project in one of the best rental locations in all of Los Angeles.

  • September, 2002

  • Sep 6, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2002

  • May 6, 2002

    Date

    Sold (Public Records)

    Public Records

    $1,525,000

    Price

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Tax History for 11938 Dorothy St

Assessed Value (2020): $1,953,643
Year Land Value Improved Value Assessed Value
2020 $1,489,856 $463,787 $1,953,643

Home Value Compared to the Market

This property vs the competition

11938 Dorothy St is listed 211.49% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000.

About 11938 Dorothy St

Detailed summary of property

11938 Dorothy St is a land located in Los Angeles, CA 90049 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 7,875 square foot lot. 11938 Dorothy St was first listed on ArdentRealEstateGroup.com on February 6, 2024. The homeowner is currently asking $3,850,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 211.49% higher than the median priced home. Local competing homes currently for sale include 1700 Viewmont Dr, 2333 Nottingham Ave and 1338 W Manchester Ave. While the average home in Los Angeles, CA is selling in 96 days, 11938 Dorothy St has a days on market of 67 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 11938 Dorothy St Los Angeles, CA 90049 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11938 Dorothy St

Public county record property details
Beds
10
Baths
10
Year built
1958
Sq. Ft.
5,788
Lot Size
7,872
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
4265-021-035

The source for these homes facts are from public records.

90049 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,500,000
Median List Price/Sq.Ft.
$1,043
Median Sold Price
$2,225,000
Median Sold Price/Sq.Ft.
$910
Total Inventory
191
Median Sale to List Price %
115.58%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (20%), Other (5%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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