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11921 Goshen Ave. offers investors the opportunity to acquire a well-maintained 8-unit asset in the heart of Brentwood, north of Wilshire Blvd, and approx. 0.5 miles from San Vicente Blvd. Offered at a 12.20 GRM and 5.44% CAP on current rents, the property combines stabilized income with a unit mix and location that have consistently supported long-term tenant demand on the Westside. In a submarket where pricing often assumes future renovations, Goshen delivers a clean, operationally straightforward asset from day one. The property features a well-balanced unit mix of (2) 3-bdrm./2-bath units, (2) 2-bdrm./2-bath units, and (4) 1-bdrm. units. Each unit includes an in-unit washer and dryer, central air, and updated interiors. Renovations emphasize open living areas, abundant natural light, wood laminate flooring, updated kitchens with modern appliances, and refreshed baths. The building ha...
11921 Goshen Ave. offers investors the opportunity to acquire a well-maintained 8-unit asset in the heart of Brentwood, north of Wilshire Blvd, and approx. 0.5 miles from San Vicente Blvd. Offered at a 12.20 GRM and 5.44% CAP on current rents, the property combines stabilized income with a unit mix and location that have consistently supported long-term tenant demand on the Westside. In a submarket where pricing often assumes future renovations, Goshen delivers a clean, operationally straightforward asset from day one. The property features a well-balanced unit mix of (2) 3-bdrm./2-bath units, (2) 2-bdrm./2-bath units, and (4) 1-bdrm. units. Each unit includes an in-unit washer and dryer, central air, and updated interiors. Renovations emphasize open living areas, abundant natural light, wood laminate flooring, updated kitchens with modern appliances, and refreshed baths. The building has undergone comprehensive upgrades, including the completion of the soft-story retrofit, which supports structural compliance and long-term durability. The property offers approx. 10 on-site parking spaces and a spacious sundeck with potential for future ADU exploration, subject to buyer verification. The site configuration and completed capital improvements reduce deferred maintenance risk and support predictable ownership. Positioned north of Wilshire Blvd. and minutes from San Vicente Blvd., residents benefit from proximity to Brentwood's established commercial corridors, including Whole Foods, Erewhon, Jon & Vinny's, Baltaire, and the Brentwood Country Mart. The location provides direct access to the 405 Freeway and connectivity to Westwood, Century City, Santa Monica, and major employment centers across the Westside. 11921 Goshen represents a stabilized, low-maintenance Brentwood asset with scale, strong in-place metrics, and renovated interiors. Goshen offers a renovated Brentwood asset with income, improvements, and location already in place, so a future value-add plan is not required to justify the price.
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