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.
|
DAYS ON MARKET
|
126
|
LAST UPDATED
|
10/6/2021
|
|
YEAR BUILT
|
1989
|
COMMUNITY
|
Mid-Wilshire
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Sold
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
|
Prior to Jun 29, '21
|
$3,500,000
|
| Jun 29, '21 - Today |
$3,395,000 |
| AIR |
None |
| APPLIANCES |
Refrigerator |
| AREA |
Mid-Wilshire |
| GARAGE |
Controlled Entrance, Covered, Gated |
| HEAT |
Central |
| LOT |
6930 sq ft |
| PARKING |
Controlled Entrance,Covered,Gated |
| STORIES |
3 |
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Listed with Compass
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/23/24 7:30 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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