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.
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
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#: 24-422805

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