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$ 3,000,000
Est. payment | /mo
14 Beds
12 Baths
7,894 SqFt
$ 3,000,000
Est. payment | /mo
14 Beds
12 Baths
7,894 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,894 sqft
Price per Sqft $380
MLS Listing ID 26860225
Bedrooms 14
HOA Y/N No
Year Built 1963
Lot Size 7,875 Sqft
Property Description
The offering is 11943 Kiowa Ave, an 8-unit multifamily apartment building in the heart of Brentwood, one of the trendiest and most desirable and supply constrained rental markets in all of Los Angeles. Situated North of Wilshire Boulevard and steps away from the San Vicente retail corridor, Brentwood Village's primary retail and dining destination. With convenient access to the 405 fwy, Santa Monica and the broader West LA Spine. The property sits one of LA's most coveted pockets, defined by limited developable land, strong ownership demand and a persistent undersupply of quality rental housing. The property is a mid-century 1963-vintage building comprising approximately 7,894 square feet of improvements on an 7,500-square-foot LAR3 lot, with a family-friendly unit mix of Four 1BR/1BA units, Two 2BR/2BA unit, and Two 2BR/2BA + Den units a large-unit configuration that appeals directly to the long-tenure family renters who anchor demand in the Brentwood submarket. This is the first time the property is being offered to the market! 11943 Kiowa offers investors a rare opportunity to acquire a true value add investment in A+ Location with strong longterm fundamentals, durable rental demand and the benefit of owning in a neighborhood that continues to strengthen overtime. With meaningful upside in rents, and large, spacious units, a savvy investor can significantly increase rents through remodeling and repositioning the asset to create long-term value.
Location
State CA
County Los Angeles
Area C06 - Brentwood
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Driveway Down Slope From Street
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4265011051
Special Listing Condition Standard
Listed by Michael Monempour Lyon Stahl Investment Real Estate, Inc. #01996829
Nearby School & Business
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