The Location
Kiowa Avenue sits in the Brentwood pocket bounded by Sunset Boulevard to the north and San Vicente to the south, one of the tighter rental corridors in the 90049 zip.
Brentwood commands among the highest apartment rents on the Westside, with proximity to UCLA, Santa Monica's employment base, and a walkable Brentwood Village retail strip.
Tenants here are professionals and graduate students, not transient renters.
What an Operator Sees
The 1968 side.
All three-beds.
Rent control.
The other building is 2007. I will be publishing that one next.
I'm keeping the mix, location and the year.
I research these transactions to sharpen my own investment strategy and share what I find so Los Angeles owners, brokers and investors can debate the market with better information.
Know one other LA owner who'd want this deal? Forward this — reply with their email and I'll add them.
Property and transaction data: CoStar Research.
