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$2,450,000

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9,687 Sqft Lot

Price Dropped by $300K

728 E Kensington RD Los Angeles, CA 90026

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Jenny Wu

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Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25048804

HOA Y/N No

Year Built 1974

Lot Size 9,687 Sqft

Property Sub-Type Mixed Use

Property Description

First time on the market since owner built the property in 1974. This 6-unit apartment building, constructed in 1974, offers a prime investment opportunity in the desirable Angelino Heights neighborhood of Los Angeles. The property boasts approximately 8,270 square feet of improvements situated on approximately 9,688 square foot lot. The building consists of five 2-bedroom, 1-bathroom units, and one townhouse-style unit with 7 bedroom 4.5 bathrooms. Each unit has its own central heating, air conditioning and hot water heaters and has individual meters for gas and electricity. The roof was replaced in 2024 and the air conditioning and heating units of 5 of the units have been replaced starting in 2018 for 1 unit, 2021 for 3 of the units and 1 unit in 2025. In addition to the five rental units, the building features a spacious owner's unit—an expansive 7-bedroom, 4.5-bathroom, with additional coverable office/den/ possible 8th bedroom on garage level, townhouse-style unit. The owner's unit offers a large expansive living space with large living room and kitchen, with built in cabinets throughout for tons of storage, plus its own attached two-car garage with direct access to the unit with its own laundry hookups for added convenience. The property has off street parking which includes space for five cars at the rear of the building. With long-term tenants in place and rents currently well below market, this property presents significant upside potential for investors seeking to capitalize on the rising rental rates in this sought-after area. Overall, this building offers an excellent opportunity for both immediate income and future appreciation in a rapidly growing part of Los Angeles.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LARD2

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dryer, Washer

Laundry Common Area

Exterior

Parking Features Direct Access, Door-Single, Driveway Up Slope From Street, Garage, Gravel, On Site, One Space, See Remarks

Garage Spaces 2.0

Garage Description 2.0

Fence Block

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected

Total Parking Spaces 7

Private Pool No

Building

Lot Description Near Public Transit, Rectangular Lot

Story 3

Entry Level Multi/Split

Foundation Slab

Sewer Unknown

Water Public

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5405023026

Energy Description 382.0

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Trust Conveyance

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Trust Conveyance

Special Listing Condition Trust

Listed by Steven Weinberg • Citadel Ventures, Inc. • 818-992-4896

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Jenny Wu

Agent | License ID: 01817291

+1(909) 569-8888

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728 E Kensington RD Los Angeles, CA 90026

Jenny Wu

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