11957 Kiowa Avenue, Los Angeles, CA 90049
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Sold Price :
$2,950,000
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Beds :
9
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Baths :
7
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Property Size :
5,171 sqft
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Year Built :
1956
Property Description
$130,000 Price Reduction! 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.
Interior Features
Laundry Information |
Location(s) |
Common Area |
Bedroom Information |
Bedrooms |
9 |
Bathroom Information |
Bathrooms |
7 |
Interior Information |
Cooling Type |
Wall/Window Unit(s) |
Listing Information
Address |
11957 Kiowa Avenue |
City |
Los Angeles |
State |
CA |
Zip |
90049 |
County |
Los Angeles |
Listing Agent |
Benjamin Lewin DRE #02040686 |
Courtesy Of |
Marcus & Millichap |
Close Price |
$2,950,000 |
Status |
Closed |
Type |
Residential Income |
Structure Size |
5,171 |
Lot Size |
7,877 |
Year Built |
1956 |
Listing information courtesy of: Benjamin Lewin, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 9:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.