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11832 Kiowa Ave, Los Angeles, CA 90049
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11832 Kiowa Ave Los Angeles, CA 90049

$5,800,000 Sold Price as of 06/07/2022
  • 15 Beds
  • 14 Baths
  • 8,902 Sq.Ft.
Sold
$5,800,000 Sold Price as of 06/07/2022 Refinance Your Mortgage
Map preview of 11832 Kiowa Ave, Los Angeles, CA 90049

Property Overview: 11832 Kiowa Ave Los Angeles, CA has 15 bedrooms, 14 bathrooms, 8,902 living square feet and 7,375 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 11832 Kiowa Avenue is a rare multifamily investment opportunity in the heart of LA's famed community of Brentwood. 11832 Kiowa Avenue boasts an ideal unit mix consisting of large 1 bedroom & 2 bedroom units. Additionally, there is a 3 bedroom 2.5 bath townhome style owner's unit complete with an in-unit washer and dryer and central heat. Each of these units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. Current ownership has invested significant capital into the property and nearly 80% of the units have been remodeled. The unit mix includes (1) 3-bed, 2.5-bath unit townhome style, (4) 2-bed, 2-bath units, and (4) 1-bed, 1 bath units, and all units have fireplaces. 11832 Kiowa Avenue is located in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking for 16 cars as well as an on-site laundry facility, and copper plumbing. There is also an on-site gym with its own bathroom which has the potential to be converted to an ADU (Buyer to verify). A quick walk to the high-end dining and nightlife on San Vicente Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in Los Angeles.

Listed by Jonathan Taksa | BRE #01366169 | Remax Commercial and Investment Realty
Last checked: 3 minutes ago | Last updated: June 7th, 2022 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
7,375
HOA Dues
$0/mo
Year built
1968
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22130059
City
Los Angeles
County
Los Angeles
Time on Site
815 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,373
  • Total Rent: $9,492
  • Pro Forma/Market Rent: $11,580
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,631
  • Total Rent: $4,631
  • Pro Forma/Market Rent: $4,895
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,785
  • Total Rent: $11,141
  • Pro Forma/Market Rent: $13,980
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.3
  • Gross Scheduled Income: --
  • Net Operating Income: $176,084
  • Gross Operating Income: $295,157
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 11832 Kiowa Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace, Central
Laundry Information
  • Has Laundry
  • Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Attached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 9
  • Parcel Number: 4265013062
Location / Neighborhood
Location Information
  • Directions: On Kiowa Avenue, 2 blocks north of Wilshire Blvd., and in between Granville Ave. and Westgate Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 11832 Kiowa Ave

Last sold for $5,800,000 on June 7th, 2022

  • June, 2022

  • Jun 7, 2022

    Date

    Sold

    CRMLS: 22130059

    $5,800,000

    Price

  • Feb 22, 2022

    Date

    Active

    CRMLS: 22130059

    $5,850,000

    Price

  • September, 2015

  • Sep 22, 2015

    Date

    Sold (Public Records)

    Public Records

    $4,500,000

    Price

  • July, 2015

  • Jul 29, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 11832 Kiowa Ave

Assessed Value (2020): $4,870,943
Year Land Value Improved Value Assessed Value
2020 $3,409,661 $1,461,282 $4,870,943

Home Value Compared to the Market

This property vs the competition

11832 Kiowa Ave sold on June 7, 2022 for 391.6% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $657.16 per/sqft which puts the price per square foot 12.96% lower than the current median sale per square foot for the city of Los Angeles.

About 11832 Kiowa Ave

Detailed summary of property

11832 Kiowa Ave is a multi family that recently sold in Los Angeles, CA 90049. This multi family property offered 15 bedrooms, 14 bathrooms, roughly 8,902 living square feet, and sits on an approximately 7,375 square foot lot. 11832 Kiowa Ave was first listed on ArdentRealEstateGroup.com on February 22, 2022. The homeowner sold the property for $5,800,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 391.6% higher than the current median priced home. Local homes that are currently for sale include 1015 N Croft Ave, 7815 Melrose Ave and 7113-7107 La Tijera Blvd. While the average home in Los Angeles, CA is selling in 92 days, 11832 Kiowa Ave has a days on market of 31 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 11832 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 11832 Kiowa Ave

Public county record property details
Beds
15
Baths
15
Year built
1968
Sq. Ft.
8,902
Lot Size
7,375
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4265-013-062

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
$3,698,000
Median List Price/Sq.Ft.
$1,152
Median Sold Price
$2,150,000
Median Sold Price/Sq.Ft.
$913
Total Inventory
199
Median Sale to List Price %
97.95%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (11.11%), Other (7.41%)

Thinking of Selling?

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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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