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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$8,395,000

Est. payment - /mo

26 Beds

24 Baths

19,026 SqFt

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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

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Listed by Jonathan Taksa Remax Commercial and Investment Realty

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11964 Kiowa AVE Los Angeles, CA 90049