11957 Kiowa Avenue

Los Angeles, CA 90049

PRICE REDUCED

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-$130,000 (-4.16%)

$2,995,000

List Price

9

bed Beds

7

shower Baths

5,171 sqft

straighten / sqft

1956

calendar_month Built

Property Description

$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.

Listing Information

List Price $2,995,000
Status Pending
MLS 24394191
Type Residential Income
Year Built 1956
Lot Size 7,877
Structure Size 5,171
DOM 116
Courtesy Of Marcus & Millichap
Listing Agent Benjamin Lewin DRE#02040686

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 9
Total Bathroom
Bathrooms 7
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Benjamin Lewin, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 14th, 2024 at 12:16 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.