111 N Kenmore Avenue Pending

Los Angeles,CA 90004

$ 1350000

8 Beds

0 Bath

5972 SqFt


Key Details

Property Type Other Types

Sub Type OTHER

Listing Status Pending

Purchase Type For Sale

Square Footage 5,972 sqft

Price per Sqft $226

MLS Listing ID CL24422805

Bedrooms 8

HOA Y/N No

Year Built 1924

Lot Size 7,586 Sqft

Acres 0.17

Property Description

Exceptional Investment Opportunity in Prime L.A. Location. Discover this well maintained property, perfectly positioned near all the conveniences of Los Angeles. This stately building boasts nearly 6,000 sq. ft. of expansive living space, featuring spacious units that offer incredible potential. Rarely found, this property includes a large parking court and four garages, providing ample space for residents and guests alike. Built in the pre-Depression era, this investment is a testament to enduring quality and design, featuring oversized windows, a balcony, a tiled roof, and exquisite 1920s ornate details that exude charm and character. The curb appeal is simply unmatched, showcasing the timeless beauty of a bygone era. Properties of this caliber are a rarity in today's market. Situated in the heart of Los Angeles, this property is located in a rapidly expanding, high-demand area, offering significant growth potential. Whether you're an investor seeking a buy-and-hold opportunity or considering an owner-user investment, this property offers incredible flexibility. Brand new plumbing throughout. All units are currently month-to-month, providing new owners with the opportunity to increase rents by 3% per unit upon lease renewal. This is a straightforward sale, not subject to 1031 e

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 5518016023

View More
Favorite Go Tour