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Mayfield x Kiowa - Brentwood portfolio 2 Multifamily Properties Offered at $52,000,000 in Los Angeles, CA

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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.

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
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 -
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  • Listing ID: 39243142

  • Date on Market: 1/28/2026

  • Last Updated:

  • Address: Mayfield x Kiowa - Brentwood portfolio, Los Angeles, CA

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