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304 N Kenmore Ave

Los Angeles, CA 90004
  • $1,250,000
  • STATUS: Active
  • ON SITE: 370 Days
  • MLS #: 20-666342
UPDATED: 125 min ago
$1,250,000
  • 3
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,157
    SQFT
  • $580
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:
Area:

School Ratings & Info

Description

We are proud to present this value add opportunity near the intersection of Beverly Blvd and Kenmore Avenue. The three unit building sits on a 6,209 square foot C2-1 zoned lot. The site is entitled for 21 apartment units ($61,905 per buildable unit), 3 being dedicated to affordable housing. A new Buyer may be able to obtain favorable financing options.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T20:43:15.333. 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.
www.searchdesertrealestate.com/homes/112340520
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304 N Kenmore Ave Los Angeles, CA 90004

  • Price: $1,250,000
  • Status: Active
  • On Site: 370 Days
  • Updated: 125 min ago
  • MLS #: 20-666342
3
Beds
0
Baths
0
½ Baths
0.14
Acres
2,157
SQFT
$580
$/SQFT
1921
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
We are proud to present this value add opportunity near the intersection of Beverly Blvd and Kenmore Avenue. The three unit building sits on a 6,209 square foot C2-1 zoned lot. The site is entitled for 21 apartment units ($61,905 per buildable unit), 3 being dedicated to affordable housing. A new Buyer may be able to obtain favorable financing options.
Exterior Features

Lot Size Area 6210 Other Structures None Parking Garage Assigned Total Parking 3

Interior Features

Baths Total 3.00 Cooling Wall Unit(S) Equipment Refrigerator Heating Central

Property Features

Assessed Total Value 821100 Gross Income 60720 Gross Operating Income 58898 Like Units1 3 Net Operating Income 17464.00 Number Of Buildings 1 Number Of Units 3 Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 41435 Type Of Units 1+1 Year Built Source Vendor Enhanced Zoning Lac2-1

Listing provided courtesy of David Kaufman DRE#01217537 of David Ballin Kaufman.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T20:43:15.333. 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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