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.
Property Details
Price:
$2,990,000
MLS #:
GD25171999
Status:
Active
Baths:
0
Address:
1211 N Kenmore Avenue
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Jul 30, 2025
State:
CA
ZIP:
90029
Lot Size:
6,502 sqft / 0.15 acres (approx)
Year Built:
1928
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Laundry Features
Community
Exterior
Community Features
Gutters, Sidewalks, Storm Drains, Street Lights
Construction Materials
Drywall Walls, Stucco
Exterior Features
Awning(s), Lighting, Rain Gutters, Sump Pump
Other Structures
Gazebo
Parking Features
Assigned, Paved, On Site, Parking Space
Parking Spots
7.00
Security Features
Carbon Monoxide Detector(s), Resident Manager, Security Lights, Smoke Detector(s)
Financial
Map
Community
- Address1211 N Kenmore Avenue Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90029
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1211 N Kenmore Avenue
Los Angeles, CA
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