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Description
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.
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