11707 Kiowa Avenue

Los Angeles, CA 90049

$3,900,000
Price
13
Beds
13
Baths
7,934 Sq. Ft.
$492 / Sq. Ft.
7,934
Sq. Ft.
$492
per Sq. Ft.

Description

$500,000 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...$500,000 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, for 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 blocks 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.
  1. Listed by Benjamin Lewin • DRE #02040686 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 11707 Kiowa Avenue

Zoning
LAR3
Parcel Number
4265008039
Total Units
9.0
Living Area
7934
Source Living Area
Vendor Enhanced
Area
Brentwood (C06)
Vacancy Rate
0%
Lot Size Area
7502

Location

Listing Courtesy of Marcus & Millichap, Benjamin Lewin, DRE #02040686
Add your commute
LISTING UPDATED: 06/11/2024 10:59 AM

Property Details for 11707 Kiowa Avenue

StatusActive
MLS #24-394215
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.17 AC / 7,502 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Benjamin Lewin, DRE #02040686
Add your commute

Building Information for 11707 Kiowa Avenue

Stories2Residences-Year Built1963Building Size-Lot Size0.17 AC / 7,502 SF

Payment Calculator

$23,290 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,284

Property Taxes

$2,006

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11707 Kiowa Avenue

Community / Development
Community / Development
  • Number Of Units: 9
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 9
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $252,146
  • Net Operating Income: $177,703.00
  • Gross Income: $259,945
  • Cap Rate: 4.56%
  • Gross Rent Multiplier: $15.00
  • Vacancy Allow Dollar: $7,798.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 75293
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1722
  • Lot Size Square Feet: 7502
Parking Details
Parking Details
  • Parking Garage: Covered Parking
  • Total Parking: 10
  • Parking Features: Covered
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Terrazzo
  • Equipment: None
  • Laundry: Community
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-20-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,795.00
  • Unit Actual Rent: $3,795.00
  • Unit Projected Rent: $3,995.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,918.00
  • Unit Actual Rent: $1,918.00
  • Unit Projected Rent: $1,995.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,283.00
  • Unit Actual Rent: $2,283.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,387.00
  • Unit Actual Rent: $2,387.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,495.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $3,495.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,039.00
  • Unit Actual Rent: $2,039.00
  • Unit Projected Rent: $3,495.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,178.00
  • Unit Actual Rent: $2,178.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,250.00
  • Unit Actual Rent: $2,250.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 9 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,317.00
  • Unit Actual Rent: $2,317.00
  • Unit Projected Rent: $3,495.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Percent: 30.44
  • Assessed Land Percent: 69.56

Property History for 11707 Kiowa Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11707 Kiowa Avenue

Taxable ValueLand$1,319,562Additions$579,164Total$1,898,726
Tax Record2023$24,069 ($2,006 / month)
Home Facts
Total Finished SqFt7,934 SqFtAbove Grade Finished SqFt7,934 SqFtLot Size7,499 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN4265-008-039

Schools near 11707 Kiowa Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Charter - 6 to 8
Charter - 9 to 12
Rating
School
Distance
Brentwood Science School
PublicK to 5

Brockton Avenue Elementary School
PublicK to 5

Paul Revere Middle School
Charter6 to 8

University Senior High School Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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11707 Kiowa Avenue is a multi-family home for sale in Los Angeles, CA 90049. This property was listed for sale on May 20, 2024 by Marcus & Millichap, it's currently listed at $3,900,000. It has been on the market for a total of 26 days and was last sold on September 16, 2011. This listing's school district is Los Angeles Unified School District. Nearby schools include Brentwood Science School, Brockton Avenue Elementary School and Paul Revere Middle School. 11707 Kiowa Avenue is a 13-bed, 13-bath, 7,934 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Benjamin Lewin, DRE #02040686

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.