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845 Kenmore Avenue, Los Angeles, CA 90005
Priced at Only: $2,400,000
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Address: 845 Kenmore Avenue, Los Angeles, CA 90005
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  • MLS#: 25589927 ( )
  • Street Address: 845 Kenmore Avenue
  • Viewed: 3
  • Price: $2,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 148
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90005
  • Provided by: Marcus & Millichap
  • Contact: Sean Sean
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to offer for sale a 12 unit apartment community located at 845 South Kenmore Avenue. The subject property is located just south of 8th Street within the desirable Koreatown sub market. Situated on a 6,759 square foot parcel, the property is comprised of four studios and eight one bedroom units. Two of the units will be delivered vacant allowing new ownership to immediately renovate and achieve market rental rates. The property has 14% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value add potential for a new owner to renovate remaining units and achieve superior future returns moving forward makes 845 South Kenmore an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.
Features
Building Area Total
  1. 6742.00
Country
  1. US
Levels
  1. Three Or More
Netoperatingincome
  1. 168900.00
Parcel Number
  1. 5094016018
Parking Features
  1. Covered
  2. Uncovered
Postalcodeplus4
  1. 1933
Sourcesystemkey
  1. 25589927:CLAW
Totalexpenses
  1. 89090.00
Year Built
  1. 1963
Year Built Source
  1. Assessor
Zoning
  1. LAR4
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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