Los Angeles, CA 90004,537 N Kenmore AVE
Los Angeles, CA 90004,537 N Kenmore AVE
Los Angeles, CA 90004,537 N Kenmore AVE
25
$1,507,500
$1,450,000
4.0%
Est.Price: ?

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10,328 Sqft Lot

537 N Kenmore AVE Los Angeles, CA 90004

Est. payment /mo
SOLD DATE : 11/24/2024

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Key Details

Sold Price $1,507,500

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD24184975

Sold Date 11/24/24

HOA Y/N No

Year Built 1921

Lot Size 10,328 Sqft

Property Description

Excellent income investment property comprising of four well designed units with one unit recently VACATED. This property is a prime residential income building that seamlessly combines comfort, convenience, and potential for lucrative returns. Capitalize from a solid rental history, showcasing the property's consistent appeal to tenants.

Each unit has its own mailing address, individually metered for gas & electricity, have in-unit laundry hook-ups, a detached 865 SF garage, and assigned surface parking. Approximate Unit Measurements: #537 - 2B/1Bth 1,359 SF | #539 - 2B/1Bth 1,511 SF (VACANT) | #541 - 2B/1Bth 1,506 SF| #543 – 2B/1.5Bth 1,347 SF (recently updated unit). Great upside in rental income, potential of additional income renting each 865 SF garage as storage, and large lot offers a potential of additional rental income from an ADU.

This multi-unit property is a smart choice for savvy investors seeking a steady stream of rental income in a desirable location. Located just 4 minutes from Los Angeles City College, Vermont/Beverly transit station and close access to freeways. Designated parking spaces make this property even more appealing to potential tenants, enhancing its marketability. We invite you to join us for an exclusive tour to explore the full potential of this income-generating property.

Location

State CA

County Los Angeles

Area Krea - Koreatown

Zoning LAR3

Interior

Flooring Wood

Fireplaces Type Decorative

Fireplace Yes

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Assigned, Garage, On Site, Private, One Space

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5520009007

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Arthur Ambarchyan • Keller Williams R. E. Services
Bought with Thomas Beadel • HVN Development, Inc

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Cher Team

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+1(949) 683-7472

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