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11712 Kiowa Ave, Los Angeles, CA 90049
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11712 Kiowa Ave Los Angeles, CA 90049

$3,600,000
  • 13 Beds
  • 9 Baths
  • 8,086 Sq.Ft.
For Sale
$3,600,000 Get Pre-Qualified
Map preview of 11712 Kiowa Ave, Los Angeles, CA 90049

Property Overview: 11712 Kiowa Ave Los Angeles, CA has 13 bedrooms, 9 bathrooms, 8,086 living square feet and 7,505 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: The Offering is a fantastic 9-Unit investment property located in in the heart of Brentwood. This Ultra Prime Location is sandwiched by West LA, Westwood & Santa Monica. The building contains an excellent unit mix consisting of Four 2 Bedroom / 1.75 Bathroom, One 2 Bedroom / 1 Bathroom, Three 1 Bedroom / 1 Bathroom and One Bachelor Unit. There is approximately 44% upside in market rents providing a savvy investor a very rare opportunity to add value in an extremely desirable rental market. With an 89 Walk score, the property is walking distance to a plethora of grocery, fine dining, shopping & entertainment options that Brentwood Village has to offer. There is a site community laundry room & ample parking available. Additionally, the building has successfully met compliance from LADBS for the mandatory earthquake seismic retrofit.

Listed by Michael Monempour | BRE #01996829 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 3 minutes ago | Last updated: June 18th, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
7,505
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24403743
City
Los Angeles
County
Los Angeles
Time on Site
12 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,654
  • Total Rent: $10,617
  • Pro Forma/Market Rent: $15,000
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,097
  • Total Rent: $7,950
  • Pro Forma/Market Rent: $6,293
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $988
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $988
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,728
  • Total Rent: $3,450
  • Pro Forma/Market Rent: $1,728
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.06%
  • Gross Rent Multiplier: 15.21
  • Gross Scheduled Income: --
  • Net Operating Income: $146,179
  • Gross Operating Income: $229,621
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 11712 Kiowa Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Driveway Down Slope From Street
Property Information
  • Total # of Units: 9
  • Parcel Number: 4265010031
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Wilshire Blvd, South of Montana, West of San Vicente Blvd & East Granville Ave
View more facts & features

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Sale History for 11712 Kiowa Ave

Last sold on May 10th, 2011

  • June, 2024

  • Jun 10, 2024

    Date

    Active

    CRMLS: 24403743

    $3,600,000

    Price

  • May, 2011

  • May 10, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2011

  • May 10, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 11712 Kiowa Ave

Assessed Value (2020): $709,476
Year Land Value Improved Value Assessed Value
2020 $280,951 $428,525 $709,476

Home Value Compared to the Market

This property vs the competition

11712 Kiowa Ave is listed 188.23% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $445.21 per/sqft which puts the price per square foot 42.77% lower than the median price per square foot for the city of Los Angeles.

About 11712 Kiowa Ave

Detailed summary of property

11712 Kiowa Ave is a multi family located in Los Angeles, CA 90049 and is currently for sale. This multi family property offers 13 bedrooms, 9 bathrooms, roughly 8,086 living square feet, and sits on an approximately 7,505 square foot lot. 11712 Kiowa Ave was first listed on ArdentRealEstateGroup.com on June 13, 2024. The homeowner is currently asking $3,600,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 188.23% higher than the median priced home. Local competing homes currently for sale include 1833 Benecia Ave, 3630 Beethoven St and 3794 Rosewood Ave. While the average home in Los Angeles, CA is selling in 98 days, 11712 Kiowa Ave has a days on market of 16 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 11712 Kiowa Ave Los Angeles, CA 90049 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11712 Kiowa Ave

Public county record property details
Beds
13
Baths
13
Year built
1963
Sq. Ft.
8,086
Lot Size
7,502
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
4265-010-031

The source for these homes facts are from public records.

90049 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,850,000
Median List Price/Sq.Ft.
$1,152
Median Sold Price
$2,325,000
Median Sold Price/Sq.Ft.
$915
Total Inventory
201
Median Sale to List Price %
93.19%
Avg Days on Market
26
Loan Type
Conventional (2.78%), FHA (0%), VA (0%), Cash (22.22%), Other (5.56%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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