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101 S Kenmore Ave Los Angeles, CA 90004
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Key Details
Sold Price $1,595,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,806 sqft
Price per Sqft $204
MLS Listing ID 25538705
Sold Date 07/21/25
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
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Bought with NONMEMBER MRML
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