$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. Services

Excellent 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
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
Area KREA - Koreatown
City Los Angeles
County Los Angeles
Zip Code 90004

Amenities

Parking Spaces 4
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
Days on Market 26
Zoning LAR3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentArthur Ambarachyan
OfficeKeller Williams R. E. Services

Listing Map

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