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Sold for $1,300,000 on 11/15/24
  • $1,300,000

    111 N Kenmore Ave, Los Angeles, CA 90004

    8beds
    4baths
    5,972sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $1,593,800 Zestimate®
    $218/sqft
    $2,315 Estimated rent

    What's special

    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 exchange but willing to work with buyer on exchange if necessary. Please do not disturb tenants. We appreciate your interest and look forward to helping you explore this exceptional investment opportunity. Thank you for considering this remarkable property for your investment portfolio.

    Zillow last checked: 7 hours ago

    Listing updated: November 15, 2024 at 09:42am

    Listed by:

    Dan Heston DRE # 02008229 323-419-2000,

    eXp Realty of Greater Los Angeles 888-652-1314,

    Maryna Pylypchuk DRE # 01961011 310-800-2910,

    eXp Realty of Greater Los Angeles

    Bought with:

    Michael Kafaei, DRE # 01373161

    Keller Williams Beverly Hills

    Source: CLAW,MLS#: 24-422805MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Wall
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Range/Oven
    Interior area
    • Total structure area: 5,972
    • Total interior livable area: 5,972 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Is Detached
    • Has garage: Yes
    Features
    • Levels: Two
    Lot
    • Size: 7,588 sqft
    Details
    • Additional structures: None
    • Parcel number: 5518016023
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1924

    Community & neighborhood

    Location
    • Region: Los Angeles
    Services availability
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    Estimated market value

    $1,593,800