$1,595,000
SOLD JUL 21, 2025
8 Beds
8 Baths
7,806 Sq Ft
7,201 Sq Ft Lot

Recently Sold

$204 Per Sq Ft

6% Below List Price

19 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • Level Lot

About This Home

As of July 2025

We are pleased to present our latest investment opportunitylocated at 101 South Kenmore Avenue in Los Angeles. This eight unit propertyfeatures a strong going-in Cap Rate of 6.60% with projected rental upside of nearly 20% +/-! The units are large for being one bedrooms, averaging about 975 square feet each. They also have high ceilings, giving the units a timeless, premium feeling. Units are all individually metered for gas and electricity (one water heater), and there is onsite laundry (leased) available for tenant convenience. The electric system is already upgrading, helping a new owner focus on turning units and capturing additional future upside. The property is located in a terrific area between Koreatown, SilverLake, and Hancock Park on a quiet, tree-lined street. With a walk score of 87, tenants will enjoy being able to take care of most errands on foot, and have access to terrific dining and entertainment options!

Last Agent to Sell the Property

Joshua Cohen

Keller Williams Realty License #01346713 Listed on: 05/14/2025

Keller Williams Realty

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,201 Sq Ft Lot
  • Level Lot

Interior Spaces

  • 7,806 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating

Community Details

  • 8 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5518-015-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 7806
  • Lot Acreage: 0.1653
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Laundry: Laundry Area
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 217.14

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5518-015-010
  • Lot Description: Lot-Level/Flat
  • Lot Size Area: 7201

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 9.65
  • Number Of Units: 8
  • Total Annual Expense: 60577
  • Type Of Units: 1
  • Vacancy Rate: 0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Sold $1,595,000 -5.9% $204 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $1,695,000 -- $217 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25538705

The MLS