Los Angeles, CA 90005,845 S Kenmore Ave
Los Angeles, CA 90005,845 S Kenmore Ave
Los Angeles, CA 90005,845 S Kenmore Ave
12
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$2,400,000
Est. payment /mo
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8 Beds
12 Baths
6,742 SqFt
Active

845 S Kenmore Ave Los Angeles, CA 90005

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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.

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


TheMLS (CLAW)
Listed by Marcus & Millichap
Jennifer D. Holmes
Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972 | jenniferd.holmes@evrealestate.com

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845 S Kenmore Ave