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!
Property Details
Price:
$1,695,000
MLS #:
25538705
Status:
Active
Baths:
0
Address:
101 S Kenmore Avenue
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
May 14, 2025
State:
CA
ZIP:
90004
Lot Size:
7,201 sqft / 0.17 acres (approx)
Year Built:
1925
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Schools
Interior
Cooling
None
Heating
Central
Exterior
Parking Features
None
Parking Spots
0.00
Stories Total
2
Financial
Map
Community
- Address101 S Kenmore Avenue Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.101 S Kenmore Avenue
Los Angeles, CA
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