411 N. Kenmore Avenue, an eight-unit multifamily property, conveniently located near some of Los Angeles' hottest rental markets such as Koreatown and East Hollywood. Residing in an Opportunity Zone, the subject property is one block north of Beverly Boulevard and conveniently located near a wide selection of shopping centers, small businesses and fast-casual restaurants.The 7,376 SF three-story building is comprised of (8) two-bedroom and two bath units. Two units can be delivered vacant upon close of escrow. Constructed in 1989, 411 N. Kenmore is subject to AB1482, which allows an investor to raise rents by 5% + CPI annually. The well-maintained property features a new roof, copper plumbing and ample on-grade parking.With a favorable unit mix and located in an Opportunity Zone, 411 N. Kenmore presents investors with the opportunity to purchase an asset with incredible promise in an ever-growing submarket.
Off market
$2,689,600
411 N Kenmore Ave, Los Angeles, CA 90004
16beds
16baths
7,376sqft
MultiFamily
Built in 1989
-- sqft lot
$2,689,600 Zestimate®
$365/sqft
$2,274 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 16
Heating
- Forced air
Cooling
- None
Appliances
- Included: Refrigerator
- Laundry: Community
Features
- Flooring: Tile, Hardwood
- Common walls with other units/homes: Attached
Interior area
- Total interior livable area: 7,376 sqft
Property
Parking
- Total spaces: 12
Lot
- Size: 6,930 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1989
Community & neighborhood
Security
- Security features: Automatic Gate
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Equipment: Range/Oven, Refrigerator, Cable, Built-Ins
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- ParkingGarage: Gated, Covered Parking, Controlled Entrance
- SourceLotSizeArea: Vendor Enhanced
- ListingArea: Mid-Wilshire
- Heating: Central
- Flooring: Tile, Wood
- Laundry: Community
- CommonWalls: Attached
- Country: US
- SecurityFeatures: Automatic Gate
- ListingStatus: Active Under Contract
- UnitTypeType: 2106, 2107, 2108
Services availability
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Estimated market value
$2,689,600