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111 N Kenmore Ave

Los Angeles, CA 90004
  • $2,675,000
  • STATUS: Active
  • ON SITE: 264 Days
  • ID#: 21-702544
UPDATED: 52 min ago
$2,675,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,972
    SQFT
  • $448
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:
Area:

School Ratings & Info

Description

SIGNIFICANT STRUCTURE AND DOMINATES THE AVENUE! DO NOT MISS THIS REMARKABLE INVESTMENT OPPORTUNITY! Clean and Well-Maintained, Close to Everything, STATUESQUE PROPERTY, HUGE BUILDING, HUGE UNITS - JUST ABOUT 6,000 SQ. FT. PLUS RARE-TO-FIND Large Parking Court PLUS 4 Garages. AMAZING Pre-Depression INVESTMENT BUILT EVER SO STRONG: Over-Sized Windows, Balcony, Tiled Roof, AMAZING 1920's ORNATE DETAILS, Just look at the Picture! Remarkable Curb Appeal! They simply dont build properties like this anymore! TRULY A BUY-AND-HOLD INVESTMENT FOR THE FAMILY, in the Heart of L.A. This is an EXPANDING HIGH-DEMAND LOCATION, additionally offering future potential as an OWNER-USER Investment! ALL UNITS ARE MONTH TO MONTH, NEW OWNERS WILL HAVE AN OPPORTUNITY TO INCREASE RENTS BY 3% PER UNIT upon the rental renewal dates. Additionally, this is a STRAIGHT STANDARD SALE, NOT SUBJECT TO AN EXCHANGE. Hence, Escrow can close at any time to potentially Complete Your Exchange! Please do not approach the Tenants. Blessings to you, and Thank you!

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-28T20:42:57.367. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.cgluxuryhomesla.com/homes/114883748
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111 N Kenmore Ave Los Angeles, CA 90004

  • Price: $2,675,000
  • Status: Active
  • On Site: 264 Days
  • Updated: 52 min ago
  • ID#: 21-702544
8
Beds
0
Baths
0
½ Baths
0.17
Acres
5,972
SQFT
$448
$/SQFT
1924
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
SIGNIFICANT STRUCTURE AND DOMINATES THE AVENUE! DO NOT MISS THIS REMARKABLE INVESTMENT OPPORTUNITY! Clean and Well-Maintained, Close to Everything, STATUESQUE PROPERTY, HUGE BUILDING, HUGE UNITS - JUST ABOUT 6,000 SQ. FT. PLUS RARE-TO-FIND Large Parking Court PLUS 4 Garages. AMAZING Pre-Depression INVESTMENT BUILT EVER SO STRONG: Over-Sized Windows, Balcony, Tiled Roof, AMAZING 1920's ORNATE DETAILS, Just look at the Picture! Remarkable Curb Appeal! They simply dont build properties like this anymore! TRULY A BUY-AND-HOLD INVESTMENT FOR THE FAMILY, in the Heart of L.A. This is an EXPANDING HIGH-DEMAND LOCATION, additionally offering future potential as an OWNER-USER Investment! ALL UNITS ARE MONTH TO MONTH, NEW OWNERS WILL HAVE AN OPPORTUNITY TO INCREASE RENTS BY 3% PER UNIT upon the rental renewal dates. Additionally, this is a STRAIGHT STANDARD SALE, NOT SUBJECT TO AN EXCHANGE. Hence, Escrow can close at any time to potentially Complete Your Exchange! Please do not approach the Tenants. Blessings to you, and Thank you!
Exterior Features

Covered Parking 4 Direction Faces East Garage Structures Total 2 Lot Size Area 7584 Other Structures Other Parking Garage Garage - 4+ CarGarage Is Detached Style Spanish Total Parking 4 View Description Tree Top View YN Yes

Interior Features

Baths Total 4.00 Cooling Window Unit(S) Equipment Range/Oven Fireplace Rooms DiningLiving Room Heating Wall

Property Features

Assessed Total Value 549953 Gross Income 72912 Gross Operating Income 72912 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 68366.00 Number Of Buildings 1 Number Of Units 4 Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 4542 Type Of Units Conventional Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Bruce Jay DRE#00559166 of Bruce Jay Associates.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-28T20:42:57.367. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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