$3,895,000
2610 Kenwood Avenue, Los Angeles 90007
1
Bed
1
Bath
7,012
Square feet
10,714
Lot Size
12
# Of Units
Listing Agent
Chase Simonton - RE/MAX One2610 Kenwood is a fully renovated apartment building, inside and out. Some of the upgrades include a new roof, new windows, new copper plumbing, and new electrical system. Due to the true in-place cap rate of 5.98%, the property is eligible for attractive financing at 65% Loan-to-Value (LTV), requiring only 35% down payment. This allows investors a lower cost of entry than most other apartment buildings in Los Angeles. Centrally located in the dense rental markets of Mid City, Koreatown and Pico-Union, this fully renovated building stands as a prime turn key asset for investors looking to secure stable cash flow and a less management intensive property. The building is fully occupied, so PLEASE DO NOT DISTURB THE TENANTS!!
Facts & Features
MLS® # | 24373541 |
---|---|
Price | $3,895,000 |
Bedrooms | 1 |
Bathrooms | 1.00 |
Square Footage | 7,012 |
Lot Size | 10,714 |
Year Built | 1924 |
Type | Residential Income |
Status | Active |
# Of Units | 12 |
Community Information
Address | 2610 Kenwood Avenue |
---|---|
Area | C16 - Mid Los Angeles |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90007 |
Amenities
Parking | None |
---|---|
Garages | None |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | None |
---|---|
Cooling | None |
Has Basement | No |
Fireplace | No |
Stories | One |
Additional Information
Date Listed | March 27th, 2024 |
---|---|
Days on Market | 37 |
Zoning | LAC1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Chase Simonton |
---|---|
Office | RE/MAX One |