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Rare 5 Unit Building in BRENTWOOD 11915 Kiowa Ave 5 Unit Apartment Building $1,850,000 ($370,000/Unit) Los Angeles, CA 90049



INVESTMENT HIGHLIGHTS
- Prime Brentwood location – one of Los Angeles’ most prestigious and supply-constrained rental markets
- Five studio units, each with full kitchens
- Potential to add ADUs for additional income (buyer to verify)
- Offered at $1,850,000 – rare opportunity at an accessible Brentwood price point
- Adequately parked with five on-site spaces (1 per unit)
- Same family ownership for over 40 years – first time offered for sale in decades
EXECUTIVE SUMMARY
Jonathan Taksa of The Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is proud to present a rare and exceptional opportunity to acquire a five-unit apartment building located in the prestigious Westside enclave of Brentwood—one of the most desirable and supply-constrained rental markets in all of Los Angeles. Properties in this location rarely become available, and opportunities at this price point are nearly impossible to find.
Offered for $1,850,000, 11915 Kiowa Avenue provides an investor with a unique chance to secure an easy to manage property in a truly irreplaceable location surrounded by some of Los Angeles’ highest-end residential real estate. The property consists of five studio units, each featuring a full kitchen, and is adequately parked with five on-site parking
spaces. The building has been owned by the same family for over 50 years, a testament to its stability and long-term desirability.
The property features all new electrical, an important and costly capital improvement that provides a significant advantage for any new owner. In addition, it offers all copper plumbing (buyer to verify), providing peace of mind regarding the building’s infrastructure. The property also presents strong rental upside, with existing rents well below market levels, allowing an investor to unlock substantial income potential through strategic renovations or re-leasing efforts.
Beyond its solid fundamentals, 11915 Kiowa Avenue offers potential for ADU additions (buyer to verify), providing a creative path for further income growth and enhanced property value. The combination of stable long-term ownership, upgraded systems, and future upside makes this a compelling opportunity for both seasoned investors and first time Brentwood buyers alike.
Located just moments from the renowned shops, cafés, and restaurants of San Vicente Boulevard and the Brentwood Country Mart, the property sits within easy reach of UCLA, Santa Monica, and the Westside’s major employment centers. Brentwood’s timeless appeal, quiet tree-lined streets, and enduring demand for quality rental housing make this a blue-chip investment in every sense.
This is truly a rare offering—a chance to own a pride-of-ownership multifamily property in one of Los Angeles’ most coveted neighborhoods, at an attainable price point, with meaningful upside and exceptional long-term stability.
Offered for $1,850,000, 11915 Kiowa Avenue provides an investor with a unique chance to secure an easy to manage property in a truly irreplaceable location surrounded by some of Los Angeles’ highest-end residential real estate. The property consists of five studio units, each featuring a full kitchen, and is adequately parked with five on-site parking
spaces. The building has been owned by the same family for over 50 years, a testament to its stability and long-term desirability.
The property features all new electrical, an important and costly capital improvement that provides a significant advantage for any new owner. In addition, it offers all copper plumbing (buyer to verify), providing peace of mind regarding the building’s infrastructure. The property also presents strong rental upside, with existing rents well below market levels, allowing an investor to unlock substantial income potential through strategic renovations or re-leasing efforts.
Beyond its solid fundamentals, 11915 Kiowa Avenue offers potential for ADU additions (buyer to verify), providing a creative path for further income growth and enhanced property value. The combination of stable long-term ownership, upgraded systems, and future upside makes this a compelling opportunity for both seasoned investors and first time Brentwood buyers alike.
Located just moments from the renowned shops, cafés, and restaurants of San Vicente Boulevard and the Brentwood Country Mart, the property sits within easy reach of UCLA, Santa Monica, and the Westside’s major employment centers. Brentwood’s timeless appeal, quiet tree-lined streets, and enduring demand for quality rental housing make this a blue-chip investment in every sense.
This is truly a rare offering—a chance to own a pride-of-ownership multifamily property in one of Los Angeles’ most coveted neighborhoods, at an attainable price point, with meaningful upside and exceptional long-term stability.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$106,962
|
$39.53
|
| Other Income |
$1,869
|
$0.69
|
| Vacancy Loss |
$3,209
|
$1.19
|
| Effective Gross Income |
$105,622
|
$39.03
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$44,363
|
$16.39
|
| Net Operating Income |
$61,259
|
$22.64
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $106,962 |
| Annual Per SF | $39.53 |
| Other Income | |
|---|---|
| Annual | $1,869 |
| Annual Per SF | $0.69 |
| Vacancy Loss | |
|---|---|
| Annual | $3,209 |
| Annual Per SF | $1.19 |
| Effective Gross Income | |
|---|---|
| Annual | $105,622 |
| Annual Per SF | $39.03 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $44,363 |
| Annual Per SF | $16.39 |
| Net Operating Income | |
|---|---|
| Annual | $61,259 |
| Annual Per SF | $22.64 |
PROPERTY FACTS
| Price | $1,850,000 | Building Class | C |
| Price Per Unit | $370,000 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 2,706 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1963 |
| Apartment Style | Low-Rise | Parking Ratio | 1.85/1,000 SF |
| Zoning | LAR3 | ||
| Price | $1,850,000 |
| Price Per Unit | $370,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,706 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.85/1,000 SF |
| Zoning | LAR3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | - | 541 |
1 1
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 4265-011-043 | Improvements Assessment | $89,308 |
| Land Assessment | $112,255 | Total Assessment | $201,563 |
PROPERTY TAXES
Parcel Number
4265-011-043
Land Assessment
$112,255
Improvements Assessment
$89,308
Total Assessment
$201,563
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Rare 5 Unit Building in BRENTWOOD | 11915 Kiowa Ave
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