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$ 1,695,000
Est. payment /mo
New
11915 Kiowa AVE Los Angeles, CA 90049
5 Baths
2,706 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,706 sqft
Price per Sqft $626
MLS Listing ID 25620813
HOA Y/N No
Year Built 1963
Lot Size 5,000 Sqft
Property Description
We are proud to present a rare and exceptional opportunity to acquire a five-unit apartment building located in the prestigious Westside enclave of Brentwood, one of the most desirable and supply-constrained rental markets in all of Los Angeles. Properties in this location rarely become available, and opportunities at this price point are nearly impossible to find. Offered for $1,695,000, 11915 Kiowa Avenue provides an investor with a unique chance to secure an easy to manage property in a truly irreplaceable location surrounded by some of Los Angeles' highest-end residential real estate. The property consists of five studio units, each featuring a full kitchen, and is adequately parked with five on-site parkings paces. The building has been owned by the same family for over 50 years, a testament to its stability and long-term desirability. The property features all new electrical, an important and costly capital improvement that provides a significant advantage for any new owner. In addition, it offers all copper plumbing (buyer to verify), providing peace of mind regarding the building's infrastructure. The property also presents strong rental upside, with existing rents well below market levels, allowing an investor to unlock substantial income potential through strategic renovations or re-leasing efforts.Beyond its solid fundamentals, 11915 Kiowa Avenue offers potential for ADU additions (buyer to verify), providing a creative path for further income growth and enhanced property value. The combination of stable long-term ownership, upgraded systems, and future upside makes this a compelling opportunity for both seasoned investors and first-timeBrentwood buyers alike. Located just moments from the renowned shops, cafes, and restaurants of San Vicente Boulevard and the Brentwood Country Mart, the property sits within easy reach of UCLA, Santa Monica, and the Westside's major employment centers. Brentwood's timeless appeal, quiet tree-lined streets, and enduring demand for quality rental housing make this a blue-chip investment in every sense. This is truly a rare offering a chance to own a pride-of-ownership multifamily property in one of Los Angeles' most coveted neighborhoods, at an attainable price point, with meaningful upside and exceptional long-term stability.
Location
State CA
County Los Angeles
Area C06 - Brentwood
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Attached Carport, Assigned
Total Parking Spaces 5
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4265011043
Special Listing Condition Standard
Listed by Jonathan Taksa Remax Commercial and Investment Realty