11957 Kiowa Avenue Los Angeles, CA $ 3,125,000
11957 Kiowa Avenue
$ 3,125,000
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11957 Kiowa Avenue

Los Angeles, CA, 90049
$ 3,125,000
Bedrooms9 Baths7.0 Sq 5,171

Monthly Estimate*

$ 20,770

Listed by Marcus & Millichap
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Multi-Family Home for sale in Los Angeles, CA

for $3,125,000 with 9 bedrooms and 7 full baths. This 5,171 square foot home was built in 1956 on a lot size of 0.1808.

11957 Kiowa Ave is an exceptional investment opportunity in the coveted Brentwood neighborhood of West Los Angeles. This property features a well-maintained two-story building built in 1956 with a wood frame and stucco construction. It is approximately 5,171 sf on a 7,875 sf lot. The unit mix comprises five one-bedroom, one-bathroom, and two two-bedroom, one-bathroom units. Four units are renovated, offering a modern touch and increased desirability. One of the one-bedroom units is currently vacant. Seven parking spaces are available at the rear of the property, and the owner has completed the required soft-story earthquake retrofit work. The buyer can add future value by converting the detached carport at the back of the property into an ADU (Buyer to verify). Situated near grocery stores, including Whole Foods and Ralphs, and a diverse selectionof dining options, coffee shops, and yoga studios, this investment property presents a prime chance to capitalize on Brentwood's thriving rental market. It offers an excellent opportunity for long-term growth in one of Los Angeles's most desirable locations and is for sale for the first time in 60 years.

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Multi-Family Active

Price

$ 3,125,000

Bedrooms

9

Full Bath

7

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1808

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24394191

Days on Market

30

Features
General
Heating WallFurnace
Cooling WallWindowUnits
Zoning LAR3
Year Built 1956
Stories 2
Levels Two
Gross Income 188448.0
County Los Angeles
Net Operating Income 120649.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions East of Bundy Dr and West of Westgate Ave.
City Los Angeles
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 7
MLS Area C06 - Brentwood
Lot Size Units SquareFeet
Lot Size Square Feet 7877.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 11
Standard Status Active
Cap Rate 3.86
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Exterior
Parking Features Covered
Total Parking 7.0
Lot Size Area 7877.0
Number of Buildings 1
Spa N
Building Area Total 5171.0
Lot Size Acres 0.1808
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features CommonArea
Total Bedrooms 9
Electric On Property Y/N N
Total Baths 7
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Internal Only
Street Number 1 11957
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* Excluded Features
List By
Marcus & Millichap

Broker

(818) 212-2659

Phone

Affordability Calculator

$20,770
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,770
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2024$3,125,000 Listed Price

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11957 Kiowa Avenue, Los Angeles, CA, 90049 is a Multi-Family Home for sale at $3,125,000 with 5,171 sqft and a lot size of 0.1808. 11957 Kiowa Avenue has 9 bedrooms, 7.0 baths, and was built in 1956. The property's zip code is 90049 which is in Los Angeles, CA