Generational Opportunity – Current ownership has owned the property for nearly 40 years. In its current state the property boasts an outstanding location with massive potential upside once a value add program is completed. The property presents opportunistic buyers the ability unlock immense upside and value at the property by implementing a value add program.
Prestigious Brentwood Location – located on the Westside of Los Angeles. Brentwood is one of the city''s most renowned areas. The historic Brentwood Country Mart and Brentwood Country Club add to the neighborhood''s prestigious lifestyle. Classified as “Very Walkable” by Walkscore.com and boasting one of the lowest population densities in the city, Brentwood offers an exclusive and tranquil atmosphere. The neighborhood’s cultural richness is matched by its stylish retail boutiques, cafes, and promenades. With fewer than 400 apartment buildings in Brentwood, the high demand for rentals ensures a secure and lucrative investment opportunity for property owners.
High Barrier to Homeownership – despite high interest rates home values in Brentwood continues to be ranked in the Top 10 most expensive zip codes in Los Angeles County. Today’s year over year home value growth is over 7% with the average home in Brentwood being priced at nearly $3 Million.
Close Proximity to Major Employment Hubs – strategically located near several prominent employment hubs, boasts a diverse range of job opportunities. A short drive away, Century City stands out as one of the strongest office markets in the country, hosting corporate offices, law firms, and financial institutions. The University of California, Los Angeles (UCLA) campus, in close proximity, serves as a significant employment hub in education, research, and healthcare. Nearby Culver City, known for its burgeoning tech and creative industries, provides additional employment prospects. Beverly Hills, is an upscale area with high-end businesses and luxury retailers, contributing to the economic vibrancy of the broader West Los Angeles region. These employment centers collectively enhance Brentwood’s appeal, offering a balance between residential charm and access to diverse job markets.
Prestigious Brentwood Location – located on the Westside of Los Angeles. Brentwood is one of the city''s most renowned areas. The historic Brentwood Country Mart and Brentwood Country Club add to the neighborhood''s prestigious lifestyle. Classified as “Very Walkable” by Walkscore.com and boasting one of the lowest population densities in the city, Brentwood offers an exclusive and tranquil atmosphere. The neighborhood’s cultural richness is matched by its stylish retail boutiques, cafes, and promenades. With fewer than 400 apartment buildings in Brentwood, the high demand for rentals ensures a secure and lucrative investment opportunity for property owners.
High Barrier to Homeownership – despite high interest rates home values in Brentwood continues to be ranked in the Top 10 most expensive zip codes in Los Angeles County. Today’s year over year home value growth is over 7% with the average home in Brentwood being priced at nearly $3 Million.
Close Proximity to Major Employment Hubs – strategically located near several prominent employment hubs, boasts a diverse range of job opportunities. A short drive away, Century City stands out as one of the strongest office markets in the country, hosting corporate offices, law firms, and financial institutions. The University of California, Los Angeles (UCLA) campus, in close proximity, serves as a significant employment hub in education, research, and healthcare. Nearby Culver City, known for its burgeoning tech and creative industries, provides additional employment prospects. Beverly Hills, is an upscale area with high-end businesses and luxury retailers, contributing to the economic vibrancy of the broader West Los Angeles region. These employment centers collectively enhance Brentwood’s appeal, offering a balance between residential charm and access to diverse job markets.
Property Details
Price:
$3,350,000
MLS #:
OC24158158
Status:
Active
Baths:
0
Address:
11937 Kiowa Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c06brentwood
City:
Los Angeles
Listed Date:
Jul 29, 2024
State:
CA
ZIP:
90049
Lot Size:
7,879 sqft / 0.18 acres (approx)
Year Built:
1961
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Schools
Interior
Exterior
Community Features
Biking, Golf, Sidewalks, Storm Drains, Street Lights, Urban
Garage Spaces
0.00
Lot Features
Lot 6500-9999, Near Public Transit, Over 40 Units/ Acre
Parking Features
Assigned, Attached Carport
Parking Spots
9.00
Pool Features
None
Sewer
Public Sewer
Stories Total
3
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address11937 Kiowa Avenue Los Angeles CA
- AreaC06 – Brentwood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90049
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Courtesy of NorthMarq Realty Services, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
11937 Kiowa Avenue
Los Angeles, CA
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