Address
411 N Kenmore Avenue Los Angeles, CA
Price
$ 3,500,000
Property Attributes
  • MLS#21741888
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90004
  • Style
  • Price$ 3,500,000
  • Bedrooms16
  • Full Bathrooms16
  • Half Bathrooms0
  • Lot Size6,930 SqFt
Listing Provided Courtesy Of:
Kenny Stevens with Compass.
Data Source:
CRMLS
Property Description

411 N. Kenmore Avenue, an eight-unit multifamily property, conveniently located near some of Los Angeles' hottest rental markets such as Koreatown and East Hollywood. Residing in an Opportunity Zone, the subject property is one block north of Beverly Boulevard and conveniently located near a wide selection of shopping centers, small businesses and fast-casual restaurants.The 7,376 SF three-story building is comprised of (8) two-bedroom and two bath units. Two units can be delivered vacant upon close of escrow. Constructed in 1989, 411 N. Kenmore is subject to AB1482, which allows an investor to raise rents by 5% + CPI annually. The well-maintained property features a new roof, copper plumbing and ample on-grade parking.With a favorable unit mix and located in an Opportunity Zone, 411 N. Kenmore presents investors with the opportunity to purchase an asset with incredible promise in an ever-growing submarket.

Price History
6/2/2021 Listed $3,500,000

General Features

Appliances Refrigerator
Cooling None
Flooring Tile, Wood
Heating Central
Listing Agent Kenny Stevens - BRE#01090251
Listing Agent State License 01090251
MLS Area C17 - Mid-Wilshire
Parking Features Controlled Entrance, Covered, Gated
Property Type Residential Income
Security Features Security Gate
Special Listing Conditions Standard
Status Active
Total Units 8
Zoning LAR3

Interior Features

Heating Y/N Yes
Laundry Features Common Area

Exterior Features

Lot Size Area 6930
Lot Size Square Feet 6930
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90004

Price
AVG $2.17M
$3.5M
Visits
AVG 12
14
Year Built
AVG 1944
1989
Walkscore
AVG 89
88
Data Provided by Walkscore ® not using MLS data

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