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18 Units on a Premier Street in BRENTWOOD 11964 Kiowa Ave 18 Unit Apartment Building $11,712,704 CAD ($650,706 CAD/Unit) Los Angeles, CA 90049



INVESTMENT HIGHLIGHTS
- Extremely Rare Brentwood Offering: 18 units on a 14,504 SQFT R3 double lot
- Desirable Unit Mix: (12) 1BR/1BA, (4) 2BR/2BA, and (2) 3BR/2BA townhome-style units
- Strong Fundamentals: on-site parking, seismic retrofit completed, on-site laundry, separately metered utilities
- Built in 1968 and owned by the same family for over 40 years
- Charming courtyard building with excellent curb appeal and a brand new roof
- Prime location near San Vicente Blvd, Montana Ave, UCLA, and the ocean
EXECUTIVE SUMMARY
Jonathan Taksa of The Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is pleased to present 11964 Kiowa Avenue, a very rare opportunity to acquire an 18- unit multifamily property in the heart of prime Brentwood. Built in 1968 and owned by the same family for over 40 years, this charming courtyard building offers an excellent mix of one, two, and three-bedroom floor plans—each thoughtfully designed, flooded with natural light, and highly desirable to tenants.
Situated on a large 14,504 square foot double lot zoned R3, the property provides on-site parking (with the soft-story seismic retrofit already completed), a lushly landscaped courtyard setting, a convenient on-site laundry facility, a brand new roof, and is separately metered for utilities. The unit mix consists of 12 one-bedroom/one-bath units, 4 two-bedroom/two-bath units, and 2 three-bedroom/two-bath 2-story townhome-style units.
Current rents average approximately $2.84 per square foot, leaving a significant amount of upside for an investor to capture through strategic management. Properties of this size and scale are rarely available for sale in Brentwood, making this a generational opportunity to establish a meaningful rental footprint in one of Los Angeles’ most supply-constrained and desirable neighborhoods.
The location is truly unmatched—just steps from the fine dining, high-end retail, and entertainment venues along San Vicente Boulevard and Montana Avenue, with close proximity to the ocean, UCLA, and many of Los Angeles’ premier lifestyle destinations.
Situated on a large 14,504 square foot double lot zoned R3, the property provides on-site parking (with the soft-story seismic retrofit already completed), a lushly landscaped courtyard setting, a convenient on-site laundry facility, a brand new roof, and is separately metered for utilities. The unit mix consists of 12 one-bedroom/one-bath units, 4 two-bedroom/two-bath units, and 2 three-bedroom/two-bath 2-story townhome-style units.
Current rents average approximately $2.84 per square foot, leaving a significant amount of upside for an investor to capture through strategic management. Properties of this size and scale are rarely available for sale in Brentwood, making this a generational opportunity to establish a meaningful rental footprint in one of Los Angeles’ most supply-constrained and desirable neighborhoods.
The location is truly unmatched—just steps from the fine dining, high-end retail, and entertainment venues along San Vicente Boulevard and Montana Avenue, with close proximity to the ocean, UCLA, and many of Los Angeles’ premier lifestyle destinations.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$797,591
|
$41.92
|
| Other Income |
$8,152
|
$0.43
|
| Vacancy Loss |
$23,928
|
$1.26
|
| Effective Gross Income |
$781,816
|
$41.09
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$300,618
|
$15.80
|
| Net Operating Income |
$481,198
|
$25.29
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $797,591 |
| Annual Per SF | $41.92 |
| Other Income (CAD) | |
|---|---|
| Annual | $8,152 |
| Annual Per SF | $0.43 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $23,928 |
| Annual Per SF | $1.26 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $781,816 |
| Annual Per SF | $41.09 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $300,618 |
| Annual Per SF | $15.80 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $481,198 |
| Annual Per SF | $25.29 |
PROPERTY FACTS
| Price | $11,712,704 CAD | Building Class | C |
| Price Per Unit | $650,706 CAD | Lot Size | 0.33 AC |
| Sale Type | Investment | Building Size | 19,026 SF |
| No. Units | 18 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1968 |
| Apartment Style | Low-Rise | Parking Ratio | 0.95/1,000 SF |
| Zoning | LAR3 | ||
| Price | $11,712,704 CAD |
| Price Per Unit | $650,706 CAD |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 19,026 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 0.95/1,000 SF |
| Zoning | LAR3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 750 |
| 2+2 | 4 | - | 1,200 |
| 3+2 | 2 | - | 1,500 |
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Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 4265-012-034 | Improvements Assessment | $1,421,694 CAD |
| Land Assessment | $710,822 CAD | Total Assessment | $2,132,517 CAD |
PROPERTY TAXES
Parcel Number
4265-012-034
Land Assessment
$710,822 CAD
Improvements Assessment
$1,421,694 CAD
Total Assessment
$2,132,517 CAD
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18 Units on a Premier Street in BRENTWOOD | 11964 Kiowa Ave
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