Rent Comps
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What this note is
A directional first-pass rent range for the subject units. It is useful for early conversations, but it is not a final comp book. A final comp book needs screenshots, URLs, dates, finish-quality grades, utilities, parking, laundry, and exact lease terms.
Subject unit mix
Preliminary comp tiers
Lower/basic benchmarks
These are useful floor checks for ordinary or older apartment inventory.
Source lead
Property / area
Unit
Rent indication
Usefulness
Brentwood / 90049
1BR
~$2,595+
Basic 1BR floor
Redfin search snippet
Brentwood / 90049
Studio / 1BR mix
Studio ~$2,013; 1BR ~$3,406
Broad market check; source snippet captured via web search, needs live URL capture
Redfin search snippet
Brentwood Glen
1BR
~$2,195+
Lower-end/outlier check; source snippet captured via web search, needs live URL capture
401 S Barrington Ave
2BR
~$3,590+
Ordinary 2BR benchmark
1561 S Barrington Ave
2BR/2BA
~$3,395–$3,495
West LA / Brentwood-edge low-mid check
Realistic renovated benchmarks
These are closer to what Dorothy could support if renovated well but not operated as a luxury building.
Source lead
Property / area
Unit
Rent indication
Notes
Brentwood furnished apartments
1BR / 1BA, 707 SF
~$3,541
Relevant size range; verify furnishings and utilities
11611 Chenault St
1BR / 2BR mix
~$3,541; 2BR/2BA 1,078 SF at ~$3,895
Useful mid-market Brentwood benchmark
Brentwood / 90049
2BR / 2BA
~$5,500, utilities included
More relevant for furnished monthly 2BR; verify exact details
Premium / upper-bound benchmarks
These are likely ceilings unless Dorothy is renovated, furnished, and managed at an unusually high level.
Source lead
Property / area
Unit
Rent indication
Why it may overstate Dorothy
Brentwood
1BR / 1BA, ~890 SF
~$8,060–$8,600+
Larger/newer/luxury product
Brentwood
2BR / 2BA, ~1,287 SF
~$9,425+
Larger/newer/luxury product
House/townhome
2BR / 2BA, ~1,750 SF
~$10,950
Not directly comparable to 900 SF apartment
Working underwriting ranges
1BR / 1BA, approx. 650 SF
Product quality
Possible monthly rent
Comment
Older/basic
$2,500–$3,200
Downside floor
Renovated realistic
$3,200–$4,200
More defensible early base
Furnished monthly target
$3,800–$5,250
Needs proof via live comps
Premium upside
$6,000–$8,000+
Aspirational; do not use as base case
2BR / 2BA, approx. 900 SF
Product quality
Possible monthly rent
Comment
Older/basic
$3,400–$4,200
Downside floor
Renovated realistic
$4,200–$5,500
More defensible early base
Furnished monthly target
$5,000–$6,750
Needs proof via live comps
Premium upside
$7,500–$9,500+
Aspirational; do not use as base case
Building gross-rent scenarios
Using 6 x 1BR and 2 x 2BR:
Scenario
1BR rent
2BR rent
Gross monthly
Gross annual
Base annual-ish fallback
$3,500
$4,750
$30,500
$366,000
Renovated furnished base
$4,250
$5,750
$37,000
$444,000
Furnished upside
$4,750
$6,500
$41,500
$498,000
Aggressive premium
$5,500
$7,500
$48,000
$576,000
Missing work before underwriting final rents
Create a spreadsheet with at least these fields:
- Source/platform.
- URL.
- Screenshot/file capture.
- Date captured.
- Address/neighborhood.
- Unit type and square footage.
- Furnished level.
- Lease/minimum-stay terms.
- Asking rent and included utilities.
- Parking and laundry.
- Pet policy.
- Quality grade: older/basic, renovated, premium, luxury.
- Notes on why it is or is not comparable to Dorothy.
Priority sources: Zillow, Apartments.com, Redfin, Furnished Finder, Westside Rentals, corporate housing providers, broker lease comps, and direct property-manager input.
Source links
See Sources for the full comp source list.