728 E Kensington Rd Los Angeles, CA 90026
Echo Park NeighborhoodEstimated payment $14,486/month
Total Views
3,740
17
Beds
10
Baths
8,270
Sq Ft
$272
Price per Sq Ft
Highlights
- Property is near public transit
- 2 Car Direct Access Garage
- Central Heating and Cooling System
- No HOA
- Laundry Room
- Rectangular Lot
About This Home
Trust Sale...Call For Offers!! First time on the market since owner built the property in 1974. This 6-unit apartment building, constructed in 1974, offers a prime investment opportunity in the desirable Angelino Heights neighborhood of Los Angeles. The property boasts approximately 8,270 square feet of improvements situated on approximately 9,688 square foot lot. The building consists of five 2-bedroom, 1-bathroom units, and one townhouse-style unit with 7 bedroom 4.5 bathrooms. Each unit has its own central heating, air conditioning and hot water heaters and has individual meters for gas and electricity. The roof was replaced in 2024 and the air conditioning and heating units of all the units have been replaced starting in 2018 for 1 unit, 2021 for 3 of the units and 2 unit in 2025. In addition to the five rental units, the building features a spacious owner’s unit—an expansive 7-bedroom, 4.5-bathroom, with additional coverable office/den/ possible 8th bedroom on garage level, townhouse-style unit. The owner's unit offers a large expansive living space with large living room and kitchen, with built in cabinets throughout for tons of storage, plus its own attached two-car garage with direct access to the unit with its own laundry hookups for added convenience. The property has off street parking which includes space for five cars at the rear of the building. With long-term tenants in place and rents currently well below market, this property presents significant upside potential for investors seeking to capitalize on the rising rental rates in this sought-after area. Overall, this building offers an excellent opportunity for both immediate income and future appreciation in a rapidly growing part of Los Angeles.
Listing Agent
Citadel Ventures, Inc. Brokerage Phone: 818-992-4896 License #00857322 Listed on: 03/20/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974
Lot Details
- 9,688 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Rectangular Lot
Parking
- 2 Car Direct Access Garage
- 5 Open Parking Spaces
- Parking Available
- Single Garage Door
- Driveway Up Slope From Street
- Gravel Driveway
- Parking Lot
Home Design
- Split Level Home
- Apartment
- Slab Foundation
Interior Spaces
- 8,270 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 17 Bedrooms
- 10 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Septic Type Unknown
Listing and Financial Details
- Legal Lot and Block 14 / 28
- Tax Tract Number 197
- Assessor Parcel Number 5405023026
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 5 Leased Units
- Rent Control
- 7 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $774
- Fuel Expense $382
- Gardener Expense $420
- Insurance Expense $5,000
- Maintenance Expense $2,604
- Other Expense $1,051
- Trash Expense $341
- Water Sewer Expense $9,000
- New Taxes Expense $28,125
- Operating Expense $48,471
- Gross Income $175,065
- Net Operating Income $121,342
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 |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Price Changed | $2,250,000 | -8.2% | $272 / Sq Ft |
| 05/25/2025 05/25/25 | Price Changed | $2,450,000 | -10.9% | $296 / Sq Ft |
| 03/20/2025 03/20/25 | For Sale | $2,750,000 | -- | $333 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25048804
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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