Los Angeles, CA 90004,101 S Kenmore Ave
Los Angeles, CA 90004,101 S Kenmore Ave
Los Angeles, CA 90004,101 S Kenmore Ave
11
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$1,695,000
Est. payment /mo
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8 Beds
8 Baths
7,806 SqFt
New

101 S Kenmore Ave Los Angeles, CA 90004

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,806 sqft

Price per Sqft $217

MLS Listing ID 25538705

Bedrooms 8

Year Built 1925

Lot Size 7,201 Sqft

Acres 0.1653

Property Sub-Type Multi-Family

Property Description

We are pleased to present our latest investment opportunitylocated at 101 South Kenmore Avenue in Los Angeles. This eight unit propertyfeatures a strong going-in Cap Rate of 6.60% with projected rental upside of nearly 20% +/-! The units are large for being one bedrooms, averaging about 975 square feet each. They also have high ceilings, giving the units a timeless, premium feeling. Units are all individually metered for gas and electricity (one water heater), and there is onsite laundry (leased) available for tenant convenience. The electric system is already upgrading, helping a new owner focus on turning units and capturing additional future upside. The property is located in a terrific area between Koreatown, SilverLake, and Hancock Park on a quiet, tree-lined street. With a walk score of 87, tenants will enjoy being able to take care of most errands on foot, and have access to terrific dining and entertainment options!

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling None

Equipment Other

Laundry Laundry Area

Exterior

Parking Features None

Building

Lot Description Lot-Level/Flat

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Realty

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agent

Herman Singh

Broker

+1(718) 679-7822

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101 S Kenmore Ave