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$ 8,395,000
Est. payment /mo
New
11964 Kiowa AVE Los Angeles, CA 90049
26 Beds
24 Baths
19,026 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 19,026 sqft
Price per Sqft $441
MLS Listing ID 25620721
Bedrooms 26
HOA Y/N No
Year Built 1968
Lot Size 0.333 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area C06 - Brentwood
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Vinyl
Fireplaces Type Dining Room, Family Room, Gas, Kitchen, Living Room, Outside
Fireplace Yes
Appliance Dishwasher, Disposal, Microwave, Refrigerator
Exterior
Parking Features Attached Carport, Assigned
Total Parking Spaces 18
Building
Story 2
Entry Level One,Multi/Split
Level or Stories One, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4265012034
Special Listing Condition Standard
Listed by Jonathan Taksa Remax Commercial and Investment Realty