1121 S Westgate Ave #1115
Los Angeles, CA 90049
The LAAA Team of Marcus & Millichap is pleased to present 1121 Westgate Avenue, a rare and valuable development opportunity located in the heart of Brentwood.
Sales Price $2,900,000
Beds
0
Baths
0
Home Size
Sq. Ft.
Lot Size
6905 Sq. Ft.
The LAAA Team of Marcus & Millichap is pleased to present 1121 Westgate Avenue, a rare and valuable development opportunity located in the heart of Brentwood.
Positioned between Kiowa Avenue and Goshen Avenue, the site consists of two contiguous parcels totaling approximately 6,900 square feet, zoned [Q]R3-1. With its central location, walkable amenities, and proximity to major Westside destinations, the property offers developers a strategic foothold in one of Los Angeles' most prestigious and supply-constrained neighborhoods.The site is currently vacant, with previous structures fully demolished and development plans already submitted to the City. The proposed by-right project includes a four-story, eight-unit apartment building over one level of subterranean parking, and is Ready to Issue (RTI). The plans feature a thoughtful unit mix of spacious one- and two-bedroom units with no affordable housing requirements. The subterranean garage provides 15 parking spaces along with long- and short-term bicycle parking. With a maximum FAR of 3.0, the zoning permits up to 20,700 buildable square feetoffering buyers the potential to pursue increased density or reconfigure the layout to suit specific investment goals.Located in the 90049 zip code, Brentwood is one of the most affluent and stable rental markets in Los Angeles. The area boasts a strong tenant base drawn by its proximity to the UCLA campus, the VA Greater Los Angeles Healthcare System, and high-end employment centers in Westwood, Santa Monica, and Century City. Brentwood commands some of the highest average rents on the Westside, driven by its blend of upscale housing, premier schools, and abundant lifestyle offerings. With limited development pipeline and high barriers to entry, opportunities like 1121 Westgate Avenue remain exceptionally rare.
This home located at 1121 S Westgate Ave #1115 is currently active and has been available on pardeeproperties.com for 8 days. This property is listed at $2,900,000. It has 0 beds and 0 bathrooms. 1121 S Westgate Ave #1115 is in the Brentwood community of Los Angeles County.
Quick Facts
- 8 days on market
- Total parking spaces Car
- Community | Brentwood
- MLS# | 25551929
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
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