$2,950,000
$2,995,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
7 Baths
5,171 SqFt
SOLD DATE : 09/30/2024
Key Details
Sold Price $2,950,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,171 sqft
Price per Sqft $570
MLS Listing ID 24-394191
Sold Date 09/30/24
Bedrooms 9
Year Built 1956
Lot Size 7,877 Sqft
Acres 0.1808
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.
Location
State CA
County Los Angeles
Area Brentwood
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall/Window
Equipment None
Laundry Community
Exterior
Garage Covered Parking
Garage Spaces 7.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Sullivan-Dituri Co.Realtors
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