$3,500,000

411 N Kenmore Avenue, Los Angeles, CA

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.

Facts & Features

MLS® # 21741888
Price $3,500,000
Bathrooms 0.00
Acres 0.00
Year Built 1989
Type Residential Income
Status Active

Community Information

Address 411 N Kenmore Avenue
Area C17 - Mid-Wilshire
City Los Angeles
County Los Angeles
State CA
Zip Code 90004

Amenities

Parking Controlled Entrance, Covered, Gated
Garages Controlled Entrance, Covered, Gated
Is Waterfront No
Has Pool No

Interior

Interior Tile, Wood
Appliances Refrigerator
Heating Central
Cooling None
Has Basement No
Fireplace No
# of Stories 3

Additional Information

Date Listed June 1st, 2021
Days on Market 14
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentKenny Stevens
OfficeCompass

Listing Map

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