11921 Goshen Ave

Kian Maronde represented the buyer in the $3.8 million acquisition of 11921 Goshen Ave, an eight-unit multifamily property in Brentwood, securing the asset $695,000 below its original $4.495 million asking price. During due diligence, Kian identified operating inefficiencies and reduced the property’s monthly trash expense from $1,213 to $767, creating nearly $100,000 in additional value before closing. At the time of sale, the transaction achieved the highest cap rate of any Brentwood apartment building sold in the prior three years, providing the buyer an attractive basis for a fully renovated asset in one of LA’s most competitive submarkets.