OFFERING MEMORANDUM 11964 Kiowa ™ LOS ANGELES, CA LISTED BY: DANIEL WITHERS SVP & Senior Director - Multifamily Direct +1 818 923 6107 Mobile +1 310 365 5054
[email protected] License No. 01325901 (CA) CO-LISTED WITH: MARCUS & MILLICHAP Jeffery Louks Direct + 1 818 212 2780 Mobile + 1 310 941 5899 Fax (818) 212 2627
[email protected] License No. 00908473 | 2 CONTENTS 05 PROPERTY OVERVIEW 09 AREA OVERVIEW 17 FINANCIAL OVERVIEW 3 | WILSHIRE BLVD KIOWA AVE | 4 PROPERTY SECTION OVERVIEW 02 5 | | 6 11964 Kiowa LOS ANGELES, CA LOCAL MAP PROPERTY OVERVIEW 11964 Kiowa Avenue is an 18-unit apartment building located in the heart of Brentwood, one of the most desirable rental markets in Los Angeles. Built in 1968, the property consists of an excellent mix of twelve one-bedroom, one-bathroom, four two-bedroom, two-bathroom and two three-bedroom, two and a half bathroom units. Key property features include secure controlled access, reserved carport parking, private balconies, laminate flooring and fireplaces in select units. There is an on-site laundry facility which allows an investor to capitalized on the additional income. Situated in an ideal Brentwood location, tenants benefit from the ability to walk to the many restaurants, cafes, bars, coffee shops and fitness studios that line San Vicente Blvd. and Wilshire Blvd. Additionally, the community also offers a weekly farmer’s market and several grocery options including Whole Foods, Ralphs and Vicente Foods. This location attracts tenants from UCLA and provides easy access to the 405 Freeway connecting the area to surrounding cities in Los Angeles.