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12.20 GRM in Brentwood | North of Wilshire 11921 Goshen Ave 8 Unit Apartment Building $5,470,633 CAD ($683,829 CAD/Unit) 5.44% Cap Rate Los Angeles, CA 90049

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Investment Highlights

  • Offered at 12.20 GRM and 5.44% CAP on current rents in prime Brentwood.
  • All units feature in-unit washer/dryer, central air, wood-laminate flooring, and updated kitchens and baths.
  • Approx. 10 on-site parking spaces plus spacious sundeck with ADU potential (buyer to verify).
  • Fully renovated 8-unit building north of Wilshire Blvd., 0.5 miles from San Vicente Blvd.
  • Completed soft-story retrofit and recent capital improvements support long-term durability.
  • Stabilized, low-maintenance Brentwood asset with renovated interiors already in place.

Executive Summary

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, 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.

Financial Summary (Actual - 2025) 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 - 2025) 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 $5,470,633 CAD
Price Per Unit $683,829 CAD
Sale Type Investment
Cap Rate 5.44%
Gross Rent Multiplier 12.2
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
  • Washer/Dryer
  • Heating
  • Kitchen
  • Oven
  • Large Bedrooms

Site Amenities

  • Sundeck

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 2 $6,333 CAD -
2+2 2 $4,930 CAD -
1+1 4 $3,721 CAD -
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
4265-012-045
Land Assessment
$3,106,590 CAD
Improvements Assessment
$2,951,259 CAD
Total Assessment
$6,057,850 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39549358

  • Date on Market: 2026-02-23

  • Last Updated:

  • Address: 11921 Goshen Ave, Los Angeles, CA 90049

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