326 S Gretna Green Way, Los Angeles, CA 90049

326 S Gretna Green Way presents a rare opportunity to acquire a multifamily property north of San Vicente in Brentwood. This charming building, constructed in 1947, sits on a large double lot spanning 14,246 square feet along a beautiful tree-lined street surrounded by multi-million-dollar homes. The property currently operates with a unit mix of two two-bedroom/one-bath units and six one-bedroom/one-bath units. Zoned R1, the double lot offers multiple paths forward: continue operating as multifamily rentals with the ability to add value and raise rents over time, or hold the parcel as a land bank for future redevelopment as a single-family home or homes. There is also potential to add an ADU (buyer to verify). At the list price, the offering is priced at just $301.84 per square foot of land an exceptional basis in this submarket, particularly given that nearby single-family homes built within the last five years have sold at an average of $1,699 per square foot over the trailing...