Property
Listing Agent: Benjamin Lewin (DRE #02040686) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Jonathan Taksa · Remax Commercial and Investment Realty · MLS #24394215 · Source: CRMLS
$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.
Listing description from the August 2024 sale, as reported to CRMLS.