1211 N Kenmore AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25171999
HOA Y/N No
Year Built 1928
Lot Size 6,503 Sqft
Property Sub-Type Mixed Use
Property Description
Incredible opportunity to acquire this fully occupied 12 unit asset. Huge upside potential. Current cap rate of 5.06% may easily reach 8.5% as rents are substantially lower than what the market currently allows. Property is benefitted from number recent upgrades that include a newer roof, windows, plumbing and electrical. Some of the unit upgrades include newer kitchens, bathrooms, and flooring. Located in the heart of East Hollywood this property offer a unique access to world renowned employers such as Netflix, Paramount, and many others. Within minutes tenants can enjoy access to Barnsdall Art Park, Griffith Park, Greek Theater, The Hollywood Bowl, The Pantages Theater, as well as numerous famed restaurants and entertainment establishments.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Rooms
Other Rooms Gazebo
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Sump Pump
Laundry Common Area
Exterior
Exterior Feature Awning(s),Lighting,Rain Gutters
Parking Features Assigned,On Site,Paved,One Space
Fence Chain Link
Pool None
Community Features Gutter(s),Storm Drain(s),Street Lights,Sidewalks
Utilities Available Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Available,Sewer Connected,Water Available,Water Connected
Total Parking Spaces 7
Private Pool No
Building
Lot Description No Landscaping,Near Public Transit,Paved,Rectangular Lot,Walkstreet
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Gazebo
New Construction No
Others
Senior Community No
Tax ID 5540007012
Security Features Carbon Monoxide Detector(s),Resident Manager,Smoke Detector(s),Security Lights
Energy Description 7500.0
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard