$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.
Property Details
Price:
$2,995,000
MLS #:
24394191
Status:
Pending
Baths:
0
Address:
11957 Kiowa Avenue
Type:
Residential Income
Neighborhood:
c06brentwood
City:
Los Angeles
Listed Date:
May 20, 2024
State:
CA
ZIP:
90049
Lot Size:
7,877 sqft / 0.18 acres (approx)
Year Built:
1956
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Exterior
Parking Features
Covered
Parking Spots
7.00
Stories Total
2
Financial
Map
Community
- Address11957 Kiowa Avenue Los Angeles CA
- AreaC06 – Brentwood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90049
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Courtesy of Marcus & Millichap. 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.
11957 Kiowa Avenue
Los Angeles, CA
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