CA > Los Angeles
Los Angeles, CA 90004,205 N Kenmore Ave
Los Angeles, CA 90004,205 N Kenmore Ave
Los Angeles, CA 90004,205 N Kenmore Ave
8
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$4,950,000
Est. payment /mo
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30 BD
30 BA
15,408 SqFt
Active

205 N Kenmore Ave Los Angeles, CA 90004

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Deanne Phillips

Deanne Phillips

+1(310) 503-6493

UPDATED:

01/07/2025 12:38 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,408 sqft

Price per Sqft $321

MLS Listing ID 25-477473

Bedrooms 30

Year Built 1925

Lot Size 7,607 Sqft

Acres 0.1746

Property Description

We are pleased to present 205 N Kenmore Ave, a 31-unit multifamily investment opportunity in the Koreatown neighborhood of Los Angeles located between Beverly Blvd & 1st St. The property features a unit mix of 31 singles; renovated units include refinished floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans. At the asking price, the property is being offered at a 6.37% CAP rate at 9.35 GRM on current income with an additional 13% rental upside achievable as units turn through continued interior renovations. The property has professional landscaping and a secured, gated entrance with intercom access and security cameras; significant cap ex has been invested by ownership into the systems and common areas including new security camera system, solar thermal panels, storage tank, common area paint, and new intercom. The building is separately metered for electricity and has an on-site laundry room with three washers and two dryers (lease with Dadson). High Walk Score of 87, the property is walking distance to the Metro Red & Purple Rail Lines, and Metro Local Lines along Beverly Blvd & 1st St. This neighborhood of Koreatown is ideally located with a short commute to Downtown Los Angeles, Hollywood, and Mid-City.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features None

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Deanne Phillips

Agent | License ID: 1937211

+1(310) 503-6493

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205 N Kenmore Ave