Listing provided courtesy of Kimberly Roberts Stepp of Stepp Commercial. Last updated 2021-12-01 09:10:22.000000. Listing information © 2021 CLAW.
Asking Price: $5,200,000
11307 Isleta, Los Angeles CA 90049
Community: C06 - Brentwood
This property was built in 1953 and is priced at $5,200,000. Please see the additional details below.
- 0 Sq Ft
- 0 bathrooms
- 0 bedrooms
- MLS#: 21102715
- Year Built: 1953
Isleta & Church is comprised of two adjacent multifamily investment assets located at 11307 Isleta Street and 217 Church Lane in upscale, residential Brentwood, one of the most desirable neighborhoods in the country. This portfolio provides an extremely rare opportunity to own in the Brentwood area, where only three apartment buildings have traded in the past 10 years.The two continuous lots comprise a sizable total area of 10,114 square feet. Both assets are 1950's buildings with mid-centry modern architectural lines, offering 12 bright, spacious units in total, (1) 3BD/2 BA, (8) 2BD/1BA, and (3) 1BD/1 BA. Units feature hardwood floors with upgraded kitchens and bathrooms. Ample parking is available with six onsite spaces per building. Onsite laundry facilities provide additional income.Residents in Brentwood enjoy proximity to many hiking trails, parks, and open space preserves in the beautiful Santa Monica Mountains. Will Rogers State Park is a local favorite for hiking, picnicking and horseback riding, as well as the home of the annual Veuve Clicquot Polo Classic. Traveling just eight miles west along Sunset Boulevard finds Sunset Beach, along with Mastro's Ocean Club and Gladstone's, where tourists and locals alike flock to for a fine dining experience overlooking the ocean.Just five miles east finds world-class shopping and dining along Rodeo Drive and downtown Beverly Hills as well as a plethora of nightlife entertainment along the famous Sunset Strip in West Hollywood.Given the property's unmatched location and opportunity for earning potential, Isleta & Church promises to provide investors with stable long-term returns.