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11937 Kiowa Avenue

Los Angeles, CA 90049

$3,050,000 Sale Price
Est. Payment: $ 0/mo
6
Bed
0
Bath
7,580 Sq. Ft.
$442 / Sq. Ft.
Sold

11937 Kiowa Avenue

Los Angeles, CA 90049

Sold
$3,050,000 Sale Price
$0/mo
6
Bed
0
Bath
7,580
Sq. Ft.
1 /
Generational Opportunity – Current ownership has owned the property for nearly 40 years. In its current state the property boasts an outstanding location with massive potential upside once a value add program is completed. The property presents opportunistic buyers the ability unlock immense upside and value at the property by implementing a value add program. Prestigious Brentwood Location – located on the Westside of Los Angeles. Brentwood is one of the city's most renowned areas. The historic Brentwood Country Mart and Brentwood Country Club add to the neighborhood's prestigious lifestyle. Classified as “Very Walkable” by Walkscore.com and boasting one of the lowest population densities in the city, Brentwood offers an exclusive and tranquil atmosphere. The neighborhood’s cultural richness is matched by its stylish retail boutiques, cafes, and promenades. With fewer than 400 apartment buildings in Brentwood, the high demand for rentals ensures a secure and lucrative investment opportunity for property owners. High Barrier to Homeownership – despite high interest rates home values in Brentwood continues to be ranked in the Top 10 most expensive zip codes in Los Angeles County. Today’s year over year home value growth is over 7% with the average home in Brentwood being priced at nearly $3 Million. Close Proximity to Major Employment Hubs – strategically located near several prominent employment hubs, boasts a diverse range of job opportunities. A short drive away, Century City stands out as one of the strongest office markets in the country, hosting corporate offices, law firms, and financial institutions. The University of California, Los Angeles (UCLA) campus, in close proximity, serves as a significant employment hub in education, research, and healthcare. Nearby Culver City, known for its burgeoning tech and creative industries, provides additional employment prospects. Beverly Hills, is an upscale area with high-end businesses and luxury retailers, contributing to the economic vibrancy of the broader West Los Angeles region. These employment centers collectively enhance Brentwood’s appeal, offering a balance between residential charm and access to diverse job markets.
PROPERTY INFORMATION
MLS # OC24158158 Lot Size 7,879 Sq. Ft.
HOA Fees $0/Monthly Property Type Apartment
Price $ 3,350,000
Price Per SqFt: $ 442
DOM 274 Days
Address 11937 Kiowa Avenue Type Residential Income
City Los Angeles Sq.Ft. 7,580 Sq. Ft.
Postal Code 90049 Garage N/A
County Los Angeles Year Built 1961
Bed / Bath 6 / 0 Parking 9
Built In 1961 Status Closed
Sold Date 2024-11-01
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Common Area
EntryLocation Street
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $3,573
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
09/23/2024 Pending $3,350,000
08/01/2024 Listed $3,500,000
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Listing provided courtesy of Michael Smith, NorthMarq Realty Services, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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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