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Listed by Mark Sanfilippo • KELLER WILLIAMS EMPIRE ESTATES
$2,275,000
Est. payment /mo
7,616 SqFt
New
1614 N Kenmore Avenue Los Angeles, CA 90027
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,616 sqft
Price per Sqft $298
MLS Listing ID CRCV25095999
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1926
Lot Size 6,113 Sqft
Property Sub-Type Other
Property Description
We are proud to exclusively present the 1614 N Kenmore Avenue Apartments near the Thai Town, Little Armenia and Los Feliz neighborhoods of Los Angeles. Located walking distance from the Vermont/Sunset Metro Station, Barnsdall Art Park and Kaiser Permanente Medical Center. Northwest of the Hollywood (101) Freeway, South of Hollywood and North of Sunset Boulevard, this property offers an investor the unique opportunity to own one of the most "in-demand" pieces of real estate in the most attractive rental markets in Los Angeles. 1614 N Kenmore Avenue is a 12-unit multifamily property with a total building size of over 7,600 square feet. The well-maintained property, separately metered for electric and gas, is serviced by a central water heater and offers a unit mix of 4 studios and 8 one-bedroom/one-bathroom units. Owned by one family for over 30 years, it is in great condition! While the current ownership has diligently maintained the property, it has not been aggressive in increasing rents, allowing for a quoted pro-forma of almost 100% increase from current rental rates, allowing a new owner the opportunity to consistently increase rents for the near future and/or fully renovate the units to bring the property in line with nearby rental rates. *Note that there are currently 3 vac
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Lot Description Level, Other
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