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    427 N Kenmore Avenue

    Los Angeles (City), CA 90004
    • $1,200,000
    • STATUS: Active
    • ON SITE: 176 days
    • ID#: SR21066019
    UPDATED: 41 min ago
    $1,200,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3
      SQFT
    • $400,000
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    Calling all Investors and Developers! This property consists of two separate buildings that contain 3 spacious 2 bedroom/ 1 bathroom units. Each unit their own private outdoor access. There is also a studio/ office space above the garage that offers potential additional income. The property is zoned R3 so one can develop a wide range of multi-family dwelling units including apartments and condominiums. New construction being developed all around. This property is less than 5 miles from The Grove and Downtown LA, 3 miles from Koreatown and Echo Park, and has easy access to public transportation. PLEASE DO NOT DISTURB TENANTS OR WALK AROUND THE PROPERTY. Showing by appointment only.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T22:28:53.46. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
    www.century21jordanlink.com/homes/115602923
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    427 N Kenmore Avenue Los Angeles (City), CA 90004

    • Price: $1,200,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: SR21066019
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3
    SQFT
    $400,000
    $/SQFT
    1922
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Calling all Investors and Developers! This property consists of two separate buildings that contain 3 spacious 2 bedroom/ 1 bathroom units. Each unit their own private outdoor access. There is also a studio/ office space above the garage that offers potential additional income. The property is zoned R3 so one can develop a wide range of multi-family dwelling units including apartments and condominiums. New construction being developed all around. This property is less than 5 miles from The Grove and Downtown LA, 3 miles from Koreatown and Echo Park, and has easy access to public transportation. PLEASE DO NOT DISTURB TENANTS OR WALK AROUND THE PROPERTY. Showing by appointment only.
    Exterior Features

    Lot Features No LandscapingNear Public Transit Number Of Separate Electric Meters 3 Parking Features ConcreteOne Space Parking Total 2 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Street Lights Electric Expense 960 Fuel Expense 0 Garage YN Yes Gross Income 40000 Gross Scheduled Income 0 Insurance Expense 1200 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 17000 New Construction YN No New Taxes Expense 10000 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 3 Operating Expense 28000 Possession Close Plus 3 Days Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 4043 Trash Expense 0 Water Sewer Expense 1500 Water Source Public Zoning Lar3

    Listing provided courtesy of Freddy Diego of Keller Williams Central


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-23T22:28:53.46. 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 deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Jordan-Link & Co.. Licensed in the State of California, USA.
     
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