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Multifamily For Sale • 111,526 SF
| 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 |
| 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 |
| PRIME WESTSIDE INFILL LOCATION: BETWEEN BRENTWOOD, WESTWOOD, AND SANTA MONICA, ONE OF THE MOST SUPPLY-CONSTRAINED SUBMARKETS |
| EXCEPTIONAL RENTER DEMOGRAPHICS: THE AREA ATTRACTS PROFESSIONALS, FAMILIES, AND DUAL-INCOME HOUSEHOLDS SEEKING LARGER FLOORPLANS |
| STRONG LONG-TERM FUNDAMENTALS: LIMITED NEW MULTIFAMILY SUPPLY, RESTRICTIVE ZONING, AND HIGH LAND VALUES CONTINUE TO SUPPORT RENT GROWTH AND ASSET APPR |
| 11911 MAYFIELD AVE (CONDOMINIUM DESIGNATION x SEPERATE PARCELS) x 11860 KIOWA AVE (WHITE SLIP) |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles International | 19 min | - | 10.8 mi |
| Bob Hope | 29 min | - | 17.5 mi |
| Long Beach (Daugherty Field) | 37 min | - | 28.3 mi |
Tony Azzi
Marcus & Millichap
Tony Azzi
Marcus & Millichap
