NOT LISTED FOR SALE
15 Beds
15 Baths
8,902 Sq Ft
7,375 Sq Ft Lot

Sale Details

Date Sold: June 7, 2022

Last sale price $5,800,000 $652 Per Sq Ft

31 Days on Market

Highlights

  • Air Conditioning
  • Attached Carport
  • Central Heating

About This Home

As of June 2022

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.

Last Agent to Sell the Property

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 02/22/2022

Last Buyer's Agent

Jacob Plewa

Keller Williams Beverly Hills License #02041641

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 7,375

Home Design

  • 8,902 Sq Ft Home

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Bathrooms

Parking

  • 16 Parking Spaces
  • Attached Carport

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Heating System Mounted To A Wall or Window

Additional Features

  • Laundry in unit
  • 7,375 Sq Ft Lot

Community Details

  • 9 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4265-013-062

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

7,375 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 8902
  • Lot Acreage: 0.1693
  • Probate: No
  • Year Built: 1968
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 15
  • Laundry: In Unit, Community
  • Total Bathrooms: 15.00
  • Price Per S Q F T: 657.16

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 16

Utilities

  • Cooling: Air Conditioning, Wall Unit(s)
  • Heating: Wall, Central

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 1476420
  • Assessed Land Percent: 70
  • Assessed Land Value: 3444985
  • Total Assessed Value: 4921405
  • Assessor Parcel Number: 4265-013-062
  • Lot Size Area: 7375

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 19.30
  • Number Of Units: 9
  • Rent Control: 100
  • Type Of Units: 1s,2s,3s

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
May 11, 2022
Sold by
Bought by
Seller's Agent
Jonathan Taksa
Remax Commercial and Investment Realty
Buyer's Agent
Jacob Plewa
Keller Williams Beverly Hills
List Price
$5,850,000
Sold Price
$5,800,000
Premium/Discount to List
-$50,000
-0.85%

Purchase Details

Closed on
Sep 16, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 9, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.56%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,800,000 First American Titles National
$4,500,000 Provident Title Company
$107,800 Accommodation
-- Fidelity Van Nuys
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,000,000
Previous Owner $304,000
Previous Owner $500,000
Previous Owner $575,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $5,800,000 -0.9% $652 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $5,850,000 -- $657 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $74,612 $6,155,006 $4,297,892 $1,857,114
2024 $73,787 $6,034,320 $4,213,620 $1,820,700
2023 $72,354 $5,916,000 $4,131,000 $1,785,000
2022 $59,896 $5,019,832 $3,513,884 $1,505,948
2021 $59,155 $4,921,405 $3,444,985 $1,476,420
2019 $57,387 $4,775,435 $3,342,805 $1,432,630
2018 $57,175 $4,681,800 $3,277,260 $1,404,540
2016 $54,633 $4,500,000 $3,150,000 $1,350,000
2015 $6,490 $467,532 $147,269 $320,263
2014 $6,569 $458,375 $144,385 $313,990
Source: Public Records

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Map

Source: The MLS

MLS Number: 22-130059

The MLS
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