Mayfield x Kiowa - Brentwood portfolio Multi-Family FOR SALE


Los Angeles, CA - West Los Angeles
$52,000,000 USD
, Los Angeles, CA for Sale
$52,000,000 USD
Multi-Family - FOR SALE
1/2
null | 4.37% Cap Rate

Mayfield x Kiowa - Brentwood portfolio
Los Angeles, CA
West Los Angeles


HIGHLIGHTS

  • PORTFOLIO SALE: | 60 UNITS + 1 NC | 105,369 SF ACROSS 11860 KIOWA AVE (29 UNITS, 2007) x 11911 MAYFIELD AVE (32 UNITS, 2006) IN LOS ANGELES, CA 90049
  • FAMILY-SIZED UNIT MIX: 60 UNITS ARE 3BRS (KIOWA: 29 × 3BDR+2 BATH; MAYFIELD: 31 × 3BDR+3 BATH) PLUS 1 NON-CONFORMING STUDIO AT MAYFIELD
  • PRIME WESTSIDE INFILL LOCATION: BETWEEN BRENTWOOD, WESTWOOD, AND SANTA MONICA, ONE OF THE MOST SUPPLY-CONSTRAINED SUBMARKETS
  • EXCEPTIONAL RENTER DEMOGRAPHICS: THE AREA ATTRACTS PROFESSIONALS, FAMILIES, AND DUAL-INCOME HOUSEHOLDS SEEKING LARGER FLOORPLANS
  • STRONG LONG-TERM FUNDAMENTALS: LIMITED NEW MULTIFAMILY SUPPLY, RESTRICTIVE ZONING, AND HIGH LAND VALUES CONTINUE TO SUPPORT RENT GROWTH AND ASSET APPR
  • 11911 MAYFIELD AVE (CONDOMINIUM DESIGNATION x SEPERATE PARCELS) x 11860 KIOWA AVE (WHITE SLIP)

OVERVIEW

The Azzi Group of Marcus & Millichap is pleased to present 11911 Mayfield Ave and 11860 Kiowa Ave, a two-property multifamily portfolio totaling 60 units plus one non-conforming unit, located in the highly desirable 90049 ZIP code of Brentwood. Positioned between Santa Monica, Westwood, and Beverly Hills, the portfolio offers investors rare scale and quality in one of Los Angeles’ most supply-constrained Westside submarkets. Built in 2006 and 2007, respectively, the two four-story properties comprise approximately 105,369 square feet of rentable space, delivering institutional-quality construction and long-term operational stability in a high-barrier market with limited new multifamily development. The portfolio features an exceptional, family-sized unit mix predominantly consisting of spacious three-bedroom residences—an uncommon offering on the Westside that supports premium rents and long-term tenant retention. Units offer well-designed floor plans with strong natural light and modern finishes, appealing to professionals, families, and dual-income households seeking larger layouts without condominium pricing. Ideally situated on walkable residential streets near Brentwood Village, San Vicente Boulevard, and Montana Avenue, the properties benefit from immediate access to upscale retail, dining, major employment centers, and coastal amenities. With strong in-place income, attractive renter demographics, and durable long-term fundamentals, the Mayfield & Kiowa portfolio represents a compelling core-plus investment opportunity offering scale, stability, and long-term value appreciation in one of Los Angeles’ most resilient multifamily markets.

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Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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