1614 N Kenmore Ave Los Angeles, CA 90027
East Hollywood NeighborhoodEstimated payment $13,727/month
Total Views
2,726
8
Beds
2
Baths
7,616
Sq Ft
$278
Price per Sq Ft
Highlights
- Laundry Room
- John Marshall Senior High Rated A
- Rectangular Lot
About This Home
We are proud to exclusively present the 1614 N Kenmore Avenue Apartments near the Thai Town, Little Armenia and Los Feliz neighborhoods of Los Angeles. Located walking distance from the Vermont/Sunset Metro Station, Barnsdall Art Park and Kaiser Permanente Medical Center. Northwest of the Hollywood (101) Freeway, South of Hollywood and North of Sunset Boulevard, this property offers an investor the unique opportunity to own one of the most "in-demand" pieces of real estate in the most attractive rental markets in Los Angeles. 1614 N Kenmore Avenue is a 12-unit multifamily property with a total building size of over 7,600 square feet. The well-maintained property, separately metered for electric and gas, is serviced by a central water heater and offers a unit mix of 4 studios and 8 one-bedroom/one-bathroom units. Owned by one family for over 30 years, it is in great condition! While the current ownership has diligently maintained the property, it has not been aggressive in increasing rents, allowing for a quoted pro-forma of almost 100% increase from current rental rates, allowing a new owner the opportunity to consistently increase rents for the near future and/or fully renovate the units to bring the property in line with nearby rental rates. *Note that there are currently 3 vacancies for a new owner to upgrade or rent themselves immediately! Given the property's solid real estate fundamentals, including its desirable location, unit mix and well-maintained building, 1614 N Kenmore Avenue is an ideal investment for a value-add investor seeking growth, stability, and a hedge against inflation.
Listing Agent
KELLER WILLIAMS COVINA Brokerage Phone: 909-921-9050 License #01869254 Listed on: 05/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 6,113 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Level Lot
Interior Spaces
- 7,616 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 191
- Assessor Parcel Number 5543008021
- $1,304 per year additional tax assessments
Community Details
Overview
- 12 Units
Building Details
- Rent Control
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 12 Separate Water Meters
- Operating Expense $56,579
- Gross Income $174,216
- Net Operating Income $117,637
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | Price Changed | $2,120,000 | -6.8% | $278 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $2,275,000 | -- | $299 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25095999
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