Los Angeles, CA90004
| 7806 sqft | MLS# 25538705
Tract:
For Sale $1,695,000
Description
We are pleased to present our latest investment opportunitylocated at 101 South Kenmore Avenue in Los Angeles. This eight unit propertyfeatures a strong going-in Cap Rate of 6.60% with projected rental upside of nearly 20% +/-! The units are large for being one bedrooms, averaging about 975 square feet each. They also have high ceilings, giving the units a timeless, premium feeling. Units are all individually metered for gas and electricity (one water heater), and there is onsite laundry (leased) available for tenant convenience. The electric system is already upgrading, helping a new owner focus on turning units and capturing additional future upside. The property is located in a terrific area between Koreatown, SilverLake, and Hancock Park on a quiet, tree-lined street. With a walk score of 87, tenants will enjoy being able to take care of most errands on foot, and have access to terrific dining and entertainment options!
Facts
| Built in 1925 | Lot Size: 7201.00 sqft | HOA Dues: $0/month
Features
Listing provided by Joshua Cohen, Keller Williams Realty
Based on information from California Regional Multiple Listing Service, Inc. as of May 22, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
