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11832 KIOWA AVE Los Angeles, CA 90049
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Key Details
Sold Price $5,800,000
Property Type Residential Income
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22130059
Year Built 1968
Lot Size 7,374 Sqft
Property Description
11832 Kiowa Avenue is a rare multifamily investment opportunity in the heart of LA's famed community of Brentwood. 11832 Kiowa Avenue boasts an ideal unit mix consisting of large 1 bedroom & 2 bedroom units. Additionally, there is a 3 bedroom 2.5 bath townhome style owner's unit complete with an in-unit washer and dryer and central heat. Each of these units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. Current ownership has invested significant capital into the property and nearly 80% of the units have been remodeled. The unit mix includes (1) 3-bed, 2.5-bath unit townhome style, (4) 2-bed, 2-bath units, and (4) 1-bed, 1 bath units, and all units have fireplaces. 11832 Kiowa Avenue is located in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking for 16 cars as well as an on-site laundry facility, and copper plumbing. There is also an on-site gym with its own bathroom which has the potential to be converted to an ADU (Buyer to verify). A quick walk to the high-end dining and nightlife on San Vicente Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in Los Angeles.
Location
State CA
County Los Angeles
Area C06 - Brentwood
Zoning LAR3
Interior
Heating Central, Wall Furnace
Laundry Common Area
Exterior
Parking Features Attached Carport
Building
New Construction No
Others
Special Listing Condition Standard
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Bought with Jacob Plewa REMAX COMMERCIAL & INVESTMENT REALTY
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