845 S Kenmore Ave new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90005
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,742 sqft
Price per Sqft $355
MLS Listing ID 25589927
Bedrooms 8
Year Built 1963
Lot Size 6,759 Sqft
Acres 0.1552
Property Sub-Type Multi-Family
Property Description
We are pleased to offer for sale a 12-unit apartment community located at 845 South Kenmore Avenue. The subject property is located just south of 8th Street within the desirable Koreatown sub-market. Situated on a 6,759 square foot parcel, the property is comprised of four studios and eight one-bedroom units. Two of the units will be delivered vacant allowing new ownership to immediately renovate and achieve market rental rates. The property has 14% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate remaining units and achieve superior future returns moving forward makes 845 South Kenmore an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
Location
State CA
County Los Angeles
Area Mid-Wilshire
Zoning LAR4
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Covered Parking, Uncovered
Garage Spaces 12.0
Building
Story 3
Level or Stories Three Or More
Others
Special Listing Condition Standard