$ 8,395,000
-
$8,395,000
Price -
6
Bed -
5
Bath -
19,026
SqFt
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About the Listing CLW-X7538301 - CLW-X90025
We are pleased to present 11964 Kiowa Avenue, a very rare opportunity to acquire an 18-unit multifamily property in the heart of prime Brentwood. Built in 1968 and owned by the same family for over 40 years, this charming courtyard building offers an excellent mix of one, two, and three-bedroom floor plans each thoughtfully designed, flooded with natural light, and highly desirable to tenants. Situated on a large 14,504 square foot double lot zoned R3, the property provides on-site parking (with the soft-story seismic retrofit already completed), a lushly landscaped courtyard setting, a convenient on-site laundry facility, a brand new roof, and is separately metered for utilities. The unit mix consists of 12 one-bedroom/one-bath units, 4 two-bedroom/two-bath units, and 2 three-bedroom/two-bath 2-story townhome-style units. Current rents average approximately $2.84 per square foot, leaving a significant amount of upside for an investor to capture through strategic management. Properties of this size and scale are rarely available for sale in Brentwood, making this a generational opportunity to establish a meaningful rental footprint in one of Los Angeles' most supply-constrained and desirable neighborhoods. The location is truly unmatched just steps from the fine dining, high-end retail, and entertainment venues along San Vicente Boulevard and Montana Avenue, with close proximity to the ocean, UCLA, and many of Los Angeles' premier lifestyle destinations.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 5 Full
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator
- Air Cond: Wall/Window Unit(s)
- Heating: Wall Furnace
- Fireplaces: Dining Room,Family Room,Gas,Kitchen,Living Room,Outside
- Floor: Laminate,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 18
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Attached Carport,Assigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4265012034
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
11964 Kiowa Ave Los Angeles, CA 90049
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