251 North Kenmore Avenue

Los Angeles, CA 90004

$2,195,000
Price
12
Beds
6
Baths
6,852 Sq. Ft.
$320 / Sq. Ft.
6,852
Sq. Ft.
$320
per Sq. Ft.

Description

Exceptional Investment Opportunity! Welcome to 251 N. Kenmore, a beautifully updated and architecturally charming gated multi-family building in the heart of Koreatown. This property features six renovated 2-bedroom, 1-bathroom units, each boasting spacious floorplans, large eat-in kitchens with granite countertops, and laminate wood flooring. With abundant windows, 9' ceilings, and laundry rooms equipped with washers and dryers, these homes are flooded with natural light and offer modern comforts...Exceptional Investment Opportunity! Welcome to 251 N. Kenmore, a beautifully updated and architecturally charming gated multi-family building in the heart of Koreatown. This property features six renovated 2-bedroom, 1-bathroom units, each boasting spacious floorplans, large eat-in kitchens with granite countertops, and laminate wood flooring. With abundant windows, 9' ceilings, and laundry rooms equipped with washers and dryers, these homes are flooded with natural light and offer modern comforts such as central heating and air conditioning. This pride-of-ownership property offers minimal tenant turnover due to the high desirability of these units. The building includes 10 gated parking spaces, with 5 covered and 5 uncovered. Located on an exquisite tree-lined street, this prime Koreatown location is close to major employment centers and offers a wide range of culinary, entertainment, and cultural options, making it a highly attractive destination for renters. Don't miss this fabulous investment opportunity!

Listing Agent

  1. Nili Hudson

    Nili Hudson

    Listing Agent

    Compass

    DRE #00910893

    nili.hudson@compass.com

    P: (310)-486-0807

Property Details for 251 North Kenmore Avenue

Water Front
None
Zoning
LAR3
Style
Mediterranean
Cross Streets
Kenmore and Beverly Blvd
Parcel Number
5518017018
Total Units
6.0
Living Area
6852
Source Living Area
Vendor Enhanced
LISTING UPDATED: 09/28/2024 12:01 AM

Property Details for 251 North Kenmore Avenue

StatusActive
MLS #24-442559
Days on Market62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.18 AC / 7,632 SF
CountyLos Angeles County

Building Information for 251 North Kenmore Avenue

Stories4Residences-Year Built1926Building Size-Lot Size0.18 AC / 7,632 SF

Property Information for 251 North Kenmore Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 4
  • Number Of Buildings: 1
  • Type Of Units: Single Level
  • View: Yes
  • View Description: Mountains, City
  • View: Mountain(s), City Lights
  • Entry Floor Number: 1
  • Security Features: Gated
  • Direction Faces: East
  • Property Condition: Updated/Remodeled
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: As Is, Property Report, Seller/Owner/Principal RE Licensed
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $170,064
  • Net Operating Income: $108,022.00
  • Gross Income: $170,064
  • Cap Rate: 5.00%
  • Gross Rent Multiplier: $12.91
  • Actual Annual Gross Rent: $170,064.00
  • Actual Gross Annual Income: $170,064
  • Actual Rent Total: $170,064.00
  • Owner Pays: Gardener, Other, Water
  • Total Annual Expense: 62042
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1752
  • Lot Size Square Feet: 7632
  • Lot Features: Rectangular Lot
  • Lot Description: Fenced, Street Paved, Street Lighting, Sidewalks, Lot Shape-Rectangular, Automatic Gate
Parking Details
Parking Details
  • Parking Garage: Gated, Carport Detached, Covered Parking, Driveway, Uncovered
  • Total Parking: 10
  • Covered Parking: 5
  • Open Other Spaces Total: 5
  • Parking Features: Gated, Detached Carport, Covered, Driveway, Uncovered
  • Attached Garage: No
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Room Type: Center Hall, Living Room
  • Rooms: Breakfast Bar, Center Hall, Living Room, Dining Area
  • Levels: One, Three Or More
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Air Conditioning, Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Laminate, Ceramic Tile
  • Equipment: Dishwasher, Dryer, Washer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Satellite
  • Interior Features: High Ceilings (9 Feet+), Intercom, Laundry - Closet Stacked
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen
  • Kitchen Features: Granite Counters, Remodeled
  • Room Bathroom Features: Remodeled, Granite Counters
  • Bathroom Features: Remodeled, Shower Over Tub, Granite
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Attached
  • Cooking Appliances: Range Hood, Range
  • Laundry: In Unit, Room
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Roof: Composition
  • Sprinklers: Front, Sprinkler System, Sprinkler Timer
  • Patio Features: None
  • Entry Location: Living Room
  • New Construction: No
  • Construction Materials: Stucco, Wood Siding
  • Exterior Construction: Stucco, Wood Siding
  • Foundation Details: Raised
  • Other Structural Features: High Ceilings (9 Feet+)
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-23-2024
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,282.00
  • Unit Actual Rent: $2,282.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,282.00
  • Unit Actual Rent: $2,282.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,127.00
  • Unit Actual Rent: $2,127.00
  • Unit Projected Rent: $2,450.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,495.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,386.00
  • Unit Actual Rent: $2,386.00
  • Unit Projected Rent: $2,550.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number of Dishwasher: 6
  • Number of Disposal: 6
  • Number of Drapes: 6
  • Number of Electric Meters: 6
  • Number of Gas Meters: 6
  • Number Leased: 6
  • Number Range: 6
  • Number Refrigerator: 6
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $614,962.00
  • Assessed Improvement Percent: 30.0
  • Assessed Land Value: $1,434,912.00
  • Assessed Land Percent: 70
  • Assessed Total Value: $2,049,874.00

Property History for 251 North Kenmore Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 251 North Kenmore Avenue

Taxable ValueLand$1,492,882Additions$640,446Total$2,133,328
Tax Record2024$26,814 ($2,234 / month)
Home Facts
Total Finished SqFt6,852 SqFtAbove Grade Finished SqFt6,852 SqFtLot Size7,632 SqFtStyleMulti-Family Res (5+ Units)Year Built1926ZoningLAR3CountyLOS ANGELESAPN5518-017-018

Schools near 251 North Kenmore Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alexandria Avenue Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Academic Leadership Community School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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251 North Kenmore Avenue is a multi-family home for sale in Los Angeles, CA 90004. This property was listed for sale on September 20, 2024 by Compass, it's currently listed at $2,195,000. It has been on the market for a total of 62 days and was last sold on November 26, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Alexandria Avenue Elementary School, Virgil Middle School and Contreras Learning Center-School Of Social Justice. 251 North Kenmore Avenue is a 12-bed, 6-bath, 6,852 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Nili Hudson, DRE #00910893

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.