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13 GRM in Brentwood, North of Wilshire Blvd. 11921 Goshen Ave 8 Unit Apartment Building $5,932,660 CAD ($741,583 CAD/Unit) 5.15% Cap Rate Los Angeles, CA 90049



INVESTMENT HIGHLIGHTS
- Just 0.6 miles from San Vicente Blvd, residents enjoy access to upscale boutiques, gourmet markets, luxury spas, and top-tier restaurants.
- Turnkey asset features an attractive unit mix of (2) 3+2, (2) 2+2, and (4) 1+1, each with in-unit washer and dryer hookup.
- Property amenities include approx. 10 parking spaces, completed soft-story retrofit, and a spacious sundeck with ADU potential (buyer to verify).
- Located north of Wilshire Blvd, the property provides easy access to the 405 Freeway, and proximity to major Westside employment hubs.
- Renovated units feature an open living room, updated appliances, mini-split A/C systems in the living and bedrooms, and wood floors.
EXECUTIVE SUMMARY
Nestled in the heart of Brentwood, 11921 Goshen Ave. is an 8-unit, fully renovated complex offering a rare investment opportunity in one of Los Angeles' most affluent and sought-after neighborhoods. Just 0.6 miles from San Vicente Blvd, residents enjoy a vibrant yet tranquil setting with access to upscale boutiques, gourmet markets, luxury spas, and top-tier restaurants, making Brentwood one of the most desirable rental markets in LA. Ideal for high-income tenants, the property sits north of Wilshire Blvd, providing easy access to the 405 Freeway and proximity to major employment hubs in finance, law, healthcare, and entertainment across the Westside. This turnkey asset features an attractive unit mix of (2) 3-bdrm. & 2-bath units, (2) 2-bdrm. and 2-bath units, and (4) 1-bdrm. units, each equipped with in-unit washers and dryers. Renovated units feature an open naturally-lit living room, new appliances, central air, and hardwood floors.11921 Goshen presents investors with the opportunity to trade into a well-maintained turnkey asset and leave behind property management headaches of an older building. Property highlights include approx. 10 parking spaces, completed soft-story retrofit, and a spacious sundeck with ADU potential (buyer to verify). Combining modern renovations with an unbeatable location, 11921 Goshen is a pride-of-ownership investment in one of LA's most stable and high-demand rental markets.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $5,932,660 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $741,583 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 5.15% | Building Size | 6,700 SF |
| Gross Rent Multiplier | 13.09 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 1.49/1,000 SF |
| Zoning | LAR3 | ||
| Price | $5,932,660 CAD |
| Price Per Unit | $741,583 CAD |
| Sale Type | Investment |
| Cap Rate | 5.15% |
| Gross Rent Multiplier | 13.09 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 6,700 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.49/1,000 SF |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Heating
- Kitchen
- Hardwood Floors
- Oven
- Large Bedrooms
SITE AMENITIES
- Laundry Facilities
- Sundeck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 2 | $6,526 CAD | - |
| 2+2 | 2 | $4,851 CAD | - |
| 1+1 | 4 | $3,769 CAD | - |
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 4265-012-045 | Total Assessment | $6,261,355 CAD (2025) |
| Land Assessment | $3,210,952 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $3,050,403 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
4265-012-045
Land Assessment
$3,210,952 CAD (2025)
Improvements Assessment
$3,050,403 CAD (2025)
Total Assessment
$6,261,355 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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13 GRM in Brentwood, North of Wilshire Blvd. | 11921 Goshen Ave
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