About the Listing CLW-X00860 - CLW-X04828

The Azzi Group of Marcus & Millichap is pleased to present 11911 Mayfield Ave and 11860 Kiowa Ave, a two-property multifamily portfolio totaling 60 units plus one non-conforming unit, located in the highly desirable 90049 ZIP code of Brentwood. Positioned between Santa Monica, Westwood, and Beverly Hills, the portfolio offers investors rare scale and quality in one of Los Angeles' most supply-constrained Westside submarkets. Built in 2006 and 2007, respectively, the two four-story properties comprise approximately 105,369 square feet of rentable space, delivering institutional-quality construction and long-term operational stability in a high-barrier market with limited new multifamily development. The portfolio features an exceptional, family-sized unit mix predominantly consisting of spacious three-bedroom residences an uncommon offering on the Westside that supports premium rents and long-term tenant retention. Units offer well-designed floor plans with strong natural light and modern finishes, appealing to professionals, families, and dual-income households seeking larger layouts without condominium pricing. Ideally situated on walkable residential streets near Brentwood Village, San Vicente Boulevard, and Montana Avenue, the properties benefit from immediate access to upscale retail, dining, major employment centers, and coastal amenities. With strong in-place income, attractive renter demographics, and durable long-term fundamentals, the Mayfield & Kiowa portfolio represents a compelling core-plus investment opportunity offering scale, stability, and long-term value appreciation in one of Los Angeles' most resilient multifamily markets.

Listing Highlights