1211 North Kenmore Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $332
MLS Listing ID GD-25171999
Year Built 1928
Lot Size 6,502 Sqft
Property Sub-Type Commercial/Residential
Property Description
Incredible opportunity to acquire this fully occupied 12 unit asset. Huge upside potential. Current cap rate of 5.06% may easily reach 8.5% as rents are substantially lower than what the market currently allows. Property is benefitted from number recent upgrades that include a newer roof, windows, plumbing and electrical. Some of the unit upgrades include newer kitchens, bathrooms, and flooring. Located in the heart of East Hollywood this property offer a unique access to world renowned employers such as Netflix, Paramount, and many others. Within minutes tenants can enjoy access to Barnsdall Art Park, Griffith Park, Greek Theater, The Hollywood Bowl, The Pantages Theater, as well as numerous famed restaurants and entertainment establishments.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplaces Type None
Laundry Community
Exterior
Exterior Feature Sump Pump,Awning(s),Lighting,Rain Gutters
Parking Features On Site,Parking Space,Paved,Assigned
Pool None
Community Features Gutters,Sidewalks,Storm Drains,Street Lights
Utilities Available Sewer Available,Sewer Connected,Water Available,Water Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected
Building
Lot Description Near Public Transit,No Landscaping,Paved,Rectangular Lot,Walkstreet
Sewer Public Sewer