CA > Los Angeles
Los Angeles, CA 90004,205 N Kenmore AVE
Los Angeles, CA 90004,205 N Kenmore AVE
Los Angeles, CA 90004,205 N Kenmore AVE
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$4,700,000
Est. payment /mo
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30 Beds
30 Baths
15,408 SqFt
Price Dropped by $250K

205 N Kenmore AVE Los Angeles, CA 90004

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Jenny Wu

Jenny Wu

Your Home Sold Guaranteed Realty

+1(909) 569-8888

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,408 sqft

Price per Sqft $305

MLS Listing ID 25477473

Bedrooms 30

HOA Y/N No

Year Built 1925

Lot Size 7,605 Sqft

Property Description

We are pleased to present 205 N Kenmore Ave, a 31-unit multifamily investment opportunity in the Koreatown neighborhood of Los Angeles located between Beverly Blvd & 1st St. The property features a unit mix of 31 singles; renovated units include refinished floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans. At the asking price, the property is being offered at a 6.51% CAP rate at 9.11 GRM on current income with an additional 13% rental upside achievable as units turn through continued interior renovations. The property has professional landscaping and a secured, gated entrance with intercom access and security cameras; significant cap ex has been invested by ownership into the systems and common areas including new security camera system, solar thermal panels, storage tank, common area paint, and new intercom. The building is separately metered for electricity and has an on-site laundry room with three washers and two dryers (lease with Dadson). High Walk Score of 87, the property is walking distance to the Metro Red & Purple Rail Lines, and Metro Local Lines along Beverly Blvd & 1st St. This neighborhood of Koreatown is ideally located with a short commute to Downtown Los Angeles, Hollywood, and Mid-City.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5518017026

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Neema Ahadian • Marcus & Millichap

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agent

Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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205 N Kenmore AVE

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