$1,499,900
537 Kenmore Avenue, Los Angeles 90004
8
Beds
5
Baths
10,327
Lot Size
4
# Of Units
Listing Agent
Arthur Ambarachyan - Keller Williams R. E. ServicesExcellent income investment property comprising of four well designed units. This property is a prime residential income building that seamlessly combines comfort, convenience, and potential for lucrative returns. Capitalize from a solid rental history, showcasing the property's consistent appeal to tenants. Each unit has its own mailing address, individually metered for gas & electricity, have in-unit laundry hook-ups, a detached 865 SF garage, and assigned surface parking. Approximate Unit Measurements: #537 - 2B/1Bth 1,359 SF | #539 - 2B/1Bth 1,511 SF | #541 - 2B/1Bth 1,506 SF| #543 – 2B/1.5Bth 1,347 SF (recently updated unit). Great upside in rental income, potential of additional income renting each 865 SF garage as storage, and large lot offers a potential of additional rental income from an ADU. This multi-unit property is a smart choice for savvy investors seeking a steady stream of rental income in a desirable location. Located just 4 minutes from Los Angeles City College, Vermont/Beverly transit station and close access to freeways. Designated parking spaces make this property even more appealing to potential tenants, enhancing its marketability. We invite you to join us for an exclusive tour to explore the full potential of this income-generating property.
Facts & Features
MLS® # | GD24058831 |
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Price | $1,499,900 |
Bedrooms | 8 |
Bathrooms | 5.00 |
Lot Size | 10,327 |
Year Built | 1921 |
Type | Residential Income |
Sub-Type | Quadruplex |
Status | Active |
# Of Units | 4 |
Community Information
Address | 537 Kenmore Avenue |
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Area | KREA - Koreatown |
City | Los Angeles |
County | Los Angeles |
Zip Code | 90004 |
Amenities
Parking Spaces | 4 |
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Parking | Assigned, Garage, On Site, Private, One Space |
# of Garages | 4 |
Garages | Assigned, Garage, On Site, Private, One Space |
Is Waterfront | No |
Has Pool | No |
Pool | None |
Interior
Interior | Wood |
---|---|
Has Basement | No |
Fireplace | Yes |
Fireplaces | Decorative |
# of Stories | 2 |
Stories | Two |
Exterior
Lot Description | 0-1 Unit/Acre |
---|
Additional Information
Date Listed | March 24th, 2024 |
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Days on Market | 38 |
Zoning | LAR3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Arthur Ambarachyan |
---|---|
Office | Keller Williams R. E. Services |