11964 Kiowa Ave - Apartments FOR SALE


Los Angeles, CA 90049- West Los Angeles
$8,395,000 USD
310-968-5303
11964 Kiowa Ave, Los Angeles, CA for Sale
$8,395,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

11964 Kiowa Ave
Los Angeles, CA 90049
West Los Angeles


HIGHLIGHTS

  • Extremely Rare Brentwood Offering: 18 units on a 14,504 SQFT R3 double lot
  • Built in 1968 and owned by the same family for over 40 years
  • Desirable Unit Mix: (12) 1BR/1BA, (4) 2BR/2BA, and (2) 3BR/2BA townhome-style units
  • Charming courtyard building with excellent curb appeal and a brand new roof
  • Strong Fundamentals: on-site parking, seismic retrofit completed, on-site laundry, separately metered utilities
  • Prime location near San Vicente Blvd, Montana Ave, UCLA, and the ocean

OVERVIEW

Jonathan Taksa of The Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is 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.

FOR SALE DETAILS

PRICE

$8,395,000 USD

PRICE/SF

$441 USD /SF

# OF UNITS

18

PRICE/UNIT

$466,389

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

18 Units on a Premier Street in BRENTWOOD

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,504 SF

ZONING

LAR3

APN/PARCEL ID

4265-012-034

ASK ABOUT THIS PROPERTY

Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

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Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.