Log In/Sign Up
Your email has been sent.
Mayfield x Kiowa - Brentwood portfolio 2 Multifamily Properties Offered at $52,000,000 in Los Angeles, CA


INVESTMENT HIGHLIGHTS
- PORTFOLIO SALE: | 60 UNITS + 1 NC | 105,369 SF ACROSS 11860 KIOWA AVE (29 UNITS, 2007) x 11911 MAYFIELD AVE (32 UNITS, 2006) IN LOS ANGELES, CA 90049
- PRIME WESTSIDE INFILL LOCATION: BETWEEN BRENTWOOD, WESTWOOD, AND SANTA MONICA, ONE OF THE MOST SUPPLY-CONSTRAINED SUBMARKETS
- STRONG LONG-TERM FUNDAMENTALS: LIMITED NEW MULTIFAMILY SUPPLY, RESTRICTIVE ZONING, AND HIGH LAND VALUES CONTINUE TO SUPPORT RENT GROWTH AND ASSET APPR
- FAMILY-SIZED UNIT MIX: 60 UNITS ARE 3BRS (KIOWA: 29 × 3BDR+2 BATH; MAYFIELD: 31 × 3BDR+3 BATH) PLUS 1 NON-CONFORMING STUDIO AT MAYFIELD
- EXCEPTIONAL RENTER DEMOGRAPHICS: THE AREA ATTRACTS PROFESSIONALS, FAMILIES, AND DUAL-INCOME HOUSEHOLDS SEEKING LARGER FLOORPLANS
- 11911 MAYFIELD AVE (CONDOMINIUM DESIGNATION x SEPERATE PARCELS) x 11860 KIOWA AVE (WHITE SLIP)
EXECUTIVE SUMMARY
The Azzi Group of Marcus & Millichap is pleased to present 11911 Mayfield Ave and 11860 Kiowa Ave, a two-property multifamily portfolio totaling 60 units plus one non-conforming unit, located in the highly desirable 90049 ZIP code of Brentwood.
Positioned between Santa Monica, Westwood, and Beverly Hills, the portfolio offers investors rare scale and quality in one of Los Angeles’ most supply-constrained Westside submarkets. Built in 2006 and 2007, respectively, the two four-story properties comprise approximately 105,369 square feet of rentable space, delivering institutional-quality construction and long-term operational stability in a high-barrier market with limited new multifamily development.
The portfolio features an exceptional, family-sized unit mix predominantly consisting of spacious three-bedroom residences—an uncommon offering on the Westside that supports premium rents and long-term tenant retention. Units offer well-designed floor plans with strong natural light and modern finishes, appealing to professionals, families, and dual-income households seeking larger layouts without condominium pricing.
Ideally situated on walkable residential streets near Brentwood Village, San Vicente Boulevard, and Montana Avenue, the properties benefit from immediate access to upscale retail, dining, major employment centers, and coastal amenities. With strong in-place income, attractive renter demographics, and durable long-term fundamentals, the Mayfield & Kiowa portfolio represents a compelling core-plus investment opportunity offering scale, stability, and long-term value appreciation in one of Los Angeles’ most resilient multifamily markets.
Positioned between Santa Monica, Westwood, and Beverly Hills, the portfolio offers investors rare scale and quality in one of Los Angeles’ most supply-constrained Westside submarkets. Built in 2006 and 2007, respectively, the two four-story properties comprise approximately 105,369 square feet of rentable space, delivering institutional-quality construction and long-term operational stability in a high-barrier market with limited new multifamily development.
The portfolio features an exceptional, family-sized unit mix predominantly consisting of spacious three-bedroom residences—an uncommon offering on the Westside that supports premium rents and long-term tenant retention. Units offer well-designed floor plans with strong natural light and modern finishes, appealing to professionals, families, and dual-income households seeking larger layouts without condominium pricing.
Ideally situated on walkable residential streets near Brentwood Village, San Vicente Boulevard, and Montana Avenue, the properties benefit from immediate access to upscale retail, dining, major employment centers, and coastal amenities. With strong in-place income, attractive renter demographics, and durable long-term fundamentals, the Mayfield & Kiowa portfolio represents a compelling core-plus investment opportunity offering scale, stability, and long-term value appreciation in one of Los Angeles’ most resilient multifamily markets.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $52,000,000 | Status | Active |
| Price / SF | $466.26 / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 4.37% | Total Building Size | 111,526 SF |
| Sale Type | Investment | Total Land Area | 1.04 AC |
| Price | $52,000,000 |
| Price / SF | $466.26 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 4.37% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 111,526 SF |
| Total Land Area | 1.04 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Armacost Manor
11911 Mayfield Ave, Los Angeles, CA 90049 |
Multifamily | 58,164 SF | 2007 | - |
| 11848-11860 Kiowa Ave, Los Angeles, CA 90049 | Multifamily | 53,362 SF | 1968 | - |
1 1
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Mayfield x Kiowa - Brentwood portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
