$1,399,000
PENDING $100K PRICE DROP

Estimated payment $9,007/month

Total Views 1,863
7 Beds
5 Baths
4,174 Sq Ft
$335 Price per Sq Ft

Highlights

  • Laundry Room
  • 5 Car Garage
  • Bike Trail

About This Home

7119 Kittyhawk Ave is a well maintained 5-Unit situated in the residential neighborhood of Westchester. The property boasts (2) 2-bed/1-bath units and (3) 1-Bed/1-Bath Units with a detached 5-Car Garage on the premises that offers back alley access.
The building consists of 4,174 RSF of living space priced at $335/SF and only $279,800 per unit. There is potential for 31% rental upside with the current cap rate of 4.90% and a market cap rate of 7.29%.
The property is in a desirable position with close proximity to LAX, Howard Hughes Shopping Center, Playa Del Rey Beach, and the Loyola Marymount University Campus.
With its great location, sizeable living space, and potential upside, 7119 Kittyhawk Ave is an excellent investment opportunity for any Los Angeles CRE Investor or exchange buyer.

Listing Agent

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 3107801899 License #01717818 Listed on: 06/24/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Woody Stahl

Lyon Stahl Investment Real Est Brokerage Phone: 3107801899 License #01399621

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,873 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 4,174 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 11569
  • Assessor Parcel Number 4103009019
  • $924 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Recreation

  • Bike Trail

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $5,218
  • Maintenance Expense $4,505
  • Other Expense $4,250
  • Professional Management Expense $5,632
  • New Taxes Expense $17,704
  • Operating Expense $38,509
  • Gross Income $112,623
  • Net Operating Income $68,492

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

5

Listing Details

  • CapRate: 4.90
  • Price Per Unit: 279800
  • Professional Management Expense: 5632.00
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4103009019
  • Year Built: 1949
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 335.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size: 6873
  • Lot Size Sq Ft: 6873.00
  • Lot Size Acres: 0.1578

Multi Family

  • Gross Income: 112623.00
  • Gross Multiplier: 12.42
  • Gross Operating Income: 107000.00
  • Gross Scheduled Income: 112623.00
  • Insurance Expense: 5218.00
  • Lot Size Area: 6873.0000 Square Feet
  • Maintenance Expense: 4505.00
  • Maintenance Percent: 4.00
  • Net Operating Income: 68492.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 38509.00
  • Operating Expense Percent: 35.00
  • Other Expense: 4250.00
  • Other Expense Description: Utility
  • Rent Control: Yes
  • Total Actual Rent: 9326.00
  • Total Expenses: 38509.00
  • Vacancy Allowance: 5632
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 17704.00
  • Tax Census Tract: 2761.02
  • Tax Lot: 31
  • Tax Tract Number: 11569
  • TaxOtherAnnualAssessmentAmount: 924.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Pending -- -- --
07/22/2025 07/22/25 Price Changed $1,399,000 -6.7% $335 / Sq Ft
06/24/2025 06/24/25 For Sale $1,499,000 -- $359 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25140394

California Regional Multiple Listing Service (CRMLS)