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111 N Kenmore Ave

Los Angeles, CA 90004
  • $2,635,000
  • STATUS: Active
  • ON SITE: 820 Days
  • ID#: 21-702544
UPDATED: 85 min ago
$2,635,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,972
    SQFT
  • $441
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:
Area:

School Ratings & Info

Description

EXCELLENT LONG-TERM INVESTMENT, SOLID STRUCTURE FROM EVERY VIEW, GREAT LOCATION, EASY ACCESS, AND BEST OF ALL THE OWNER WILL CONSIDER YOUR OFFER! MAGNIFICENT INVESTMENT WITH A POTENTIAL 4.25% CAP RATE! Remarkable Statuesque Pre-Depression Construction (the very best) Investment Property, that speaks of Pride of Ownership! Clean and Well-Maintained, Very Large Apartment-Homes each averaging approximately 1,500 Square Feet! Extensive Parking Court with 4 Garages. Accented with Over-Sized Windows, Character Structure Adornments, a Romeo and Juliet Balcony, Tiled Roof, PLUS all the 1920's Ornate Details included. Remarkable Curb Appeal, this is a strong long-term Investment in the Heart of L.A. (perhaps an Owner-User option someday in the future?). All units are month-to-month. This is a rare opportunity for a Classic Investment Property which will benefit your Real Estate Portfolio in the years ahead! Please call for more details. Thank you!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-06-06T23:42:56.31. 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.trulinerealty.com/homes/114883748
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111 N Kenmore Ave Los Angeles, CA 90004

  • Price: $2,635,000
  • Status: Active
  • On Site: 820 Days
  • Updated: 85 min ago
  • ID#: 21-702544
8
Beds
0
Baths
0
½ Baths
0.17
Acres
5,972
SQFT
$441
$/SQFT
1924
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
EXCELLENT LONG-TERM INVESTMENT, SOLID STRUCTURE FROM EVERY VIEW, GREAT LOCATION, EASY ACCESS, AND BEST OF ALL THE OWNER WILL CONSIDER YOUR OFFER! MAGNIFICENT INVESTMENT WITH A POTENTIAL 4.25% CAP RATE! Remarkable Statuesque Pre-Depression Construction (the very best) Investment Property, that speaks of Pride of Ownership! Clean and Well-Maintained, Very Large Apartment-Homes each averaging approximately 1,500 Square Feet! Extensive Parking Court with 4 Garages. Accented with Over-Sized Windows, Character Structure Adornments, a Romeo and Juliet Balcony, Tiled Roof, PLUS all the 1920's Ornate Details included. Remarkable Curb Appeal, this is a strong long-term Investment in the Heart of L.A. (perhaps an Owner-User option someday in the future?). All units are month-to-month. This is a rare opportunity for a Classic Investment Property which will benefit your Real Estate Portfolio in the years ahead! Please call for more details. 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 Disclosures As Is Gross Income 144000 Gross Operating Income 144000 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 112000.00 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 32000 Type Of Units Conventional Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Bruce Jay DRE#00559166 of Bruce Jay Associates: 323-660-3600.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-06-06T23:42:56.31. 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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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064