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$3,900,000   Price Analysis
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11707 Kiowa Ave
Los Angeles, CA 90049
13 bed 13 bath 7,934 SqFt ($491/SqFt)
7,502SqFt lot. Built 1963
Listed 2024-05-20, Taxes $22,984
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

$500

* No Longer For Sale *
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000 PRICE ADJUSTMENT! 11707 Kiowa Ave is an exceptional investment opportunity in the coveted Brentwood neighborhood of Los Angeles. This property features a well-maintained two-story building built in 1963 with a wood frame and stucco construction of approximately 7, 934 sf on a 7, 499 sf lot zone LAR3. The unit mix comprises one studio, four one-bedroom one-bathroom units, three two-bedroom two-bathroom units and one three-bedroom two-bathroom unit.

There are two tandem parking spaces in front of the property and six spaces in the rear alleyway, fr a total of ten parking spots. The soft story earthquake retrofit has been completed. This property offers an excellent opportunity for long-term growth in one of Los Angeles's most desirable locations. It is situated two bloc ks South of San Vicente Blvd., which features many favorite shops, a diverse selection of dining options, coffee shops and yoga studios. This investment property presents a prime chance to capitalize on Brentwood's thriving rental market, being offered for sale for the first time in 50 years.


Presented by Benjamin Lewin at
Marcus & Millichap.


Property MLS #24-394215 from TheMLSCLAW

Bedrooms: 13

Total Bathrooms: 13
Full Bathrooms: 13

Laundry Facilities: Community
Laundry Features: Community

Cooling Features: Wall/Window
Heating Features: Wall

Flooring: Terrazzo

Lot Size Acres: 0.1722222
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7502

Garage Description: Covered Parking
Parking Total: 10

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 9
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 3995, 2 BathsTotal: 1, 2 SquareFeet: 1995, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2495, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2495, 5 BedsTotal: 2, 5 BathsTotal: 2, 5 SquareFeet: 3495, 6 BedsTotal: 2, 6 BathsTotal: 2, 6 SquareFeet: 3495, 7 BedsTotal: 1, 7 BathsTotal: 1, 7 SquareFeet: 2495, 8 BedsTotal: 1, 8 BathsTotal: 1, 8 SquareFeet: 2495, 9 BedsTotal: 2, 9 BathsTotal: 2, 9 SquareFeet: 3495

Vacancy Allowance: 7798

Source Listing Status: Sold
County: Los Angeles
Cap Rate: 4.87
Directions: West of Barrington Ave and East of Granville Ave.
Source Property Type: Residential Income
Area: Brentwood
Source Neighborhood: Brentwood
Parcel Number: 4265-008-039
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$566,044 + $1,293,689
$1,859,733
$22,984
2021$554,946 + $1,268,323
$1,823,269
$22,673
2020$549,256 + $1,255,318
$1,804,574
$22,895
2019$538,487 + $1,230,704
$1,769,191
$22,013
2018$527,929 + $1,206,573
$1,734,502
$21,840
2017$517,578 + $1,182,915
$1,700,493
$21,336
2016$507,430 + $1,159,721
$1,667,151
$20,800
2015$499,808 + $1,142,301
$1,642,109
$20,504
2014$490,018 + $1,119,925
$1,609,943
$20,618
2013$487,804 + $1,114,864
$1,602,668
$20,603
2012$478,240 + $1,093,004
$1,571,244
$20,878
2010$234,513 + $157,580
$392,093
$5,887
2009$233,314 + $156,775
$390,089
$5,677
2009$232,761 + $156,403
$389,164
$5,677
2008$228,740 + $153,701
$382,441
$5,468
2007$224,255 + $150,688
$374,943
$5,268

Sold 2024-08-06
$3,700,000
TheMLSCLAW
Price Changed 2024-06-11
$3,900,000
TheMLSCLAW
Listed 2024-05-20
$4,400,000
TheMLSCLAW
Sold 1975-09-26
$209,000
Public Record
Sold 1964-12-10
$46,000
Public Record

Net Operating Income: 177703

Total Square Feet Living: 7934
Year Built: 1963
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 61
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

University Senior High School Charter is a public high school located approximately 0.4 miles away.
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Brockton Avenue Elementary School is a public elementary school located approximately 0.5 miles away.
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Paul Revere Middle School is a public middle school located approximately 1.9 miles away.
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St Sebastian School is a private elementary and middle school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.