11964 Kiowa Ave
LOS ANGELES, CA 90049

Property

Ownership: For Sale
Bedrooms: 26 BR
Bathrooms: 24
Area: 14508 sq ft
Lot Size: 0.33 Acres

Financials

Price:$8,395,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Remax Commercial and Investment Realty

11964 Kiowa Ave 26BR Brentwood La

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.

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.