Description

Generational Opportunity – Current ownership has owned the property for nearly 40 years. In its current state the property boasts an outstanding location with massive potential upside once a value add program is completed. The property presents opportunistic buyers the ability unlock immense upside and value at the property by implementing a value add program.

Prestigious Brentwood Location – located on the Westside of Los Angeles. Brentwood is one of the city’s most renowned areas. The historic Brentwood Country Mart and Brentwood Country Club add to the neighborhood’s prestigious lifestyle. Classified as “Very Walkable” by Walkscore.com and boasting one of the lowest population densities in the city, Brentwood offers an exclusive and tranquil atmosphere. The neighborhood’s cultural richness is matched by its stylish retail boutiques, cafes, and promenades. With fewer than 400 apartment buildings in Brentwood, the high demand for rentals ensures a secure and lucrative investment opportunity for property owners.

High Barrier to Homeownership – despite high interest rates home values in Brentwood continues to be ranked in the Top 10 most expensive zip codes in Los Angeles County. Today’s year over year home value growth is over 7% with the average home in Brentwood being priced at nearly $3 Million.

Close Proximity to Major Employment Hubs – strategically located near several prominent employment hubs, boasts a diverse range of job opportunities. A short drive away, Century City stands out as one of the strongest office markets in the country, hosting corporate offices, law firms, and financial institutions. The University of California, Los Angeles (UCLA) campus, in close proximity, serves as a significant employment hub in education, research, and healthcare. Nearby Culver City, known for its burgeoning tech and creative industries, provides additional employment prospects. Beverly Hills, is an upscale area with high-end businesses and luxury retailers, contributing to the economic vibrancy of the broader West Los Angeles region. These employment centers collectively enhance Brentwood’s appeal, offering a balance between residential charm and access to diverse job markets.