$2,300,000
$200K PRICE DROP

Estimated payment $14,893/month

Total Views 1,753
8 Beds
12 Baths
8,564 Sq Ft
$269 Price per Sq Ft

About This Home

We are pleased to offer for sale a 12-unit apartment community located at 917 South Kenmore Avenue in Los Angeles, California. Situated just north of Olympic Boulevard in the vibrant and rapidly developing Koreatown neighborhood, this property offers in-place yield, with tremendous upside for investors. Located in the heart of Koreatown, the property benefits from strong market fundamentals and is surrounded by an abundance of nightlife, restaurants, coffee shops, and employment centers. The asset is situated on a 6,411 square foot lot, comprised of four, singles/guest rooms* and eight one-bedroom units. Select units have been upgraded with hardwood floors, stainless steel kitchen appliances, renovated bathrooms, and more. The property has 20% remaining rental upside through interior renovations to remaining units. The ongoing redevelopment of the surrounding area, coupled with the value-add potential for a new owner to renovate remaining units and unlock superior future returns, make 917 South Kenmore Avenue an exceptional acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.*LADBS certificate of occupancy indicates that there are 8 apartments & 4 guest rooms. Single units are all equipped with kitchens per Seller - Buyer to verify unit configuration.

Listing Agent

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 05/09/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,411 Sq Ft Lot

Parking

  • 9 Parking Spaces

Interior Spaces

  • 8,564 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 12 Bathrooms

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5094-023-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 8564
  • Lot Acreage: 0.1472
  • Stories: 1
  • Year Built: 1963
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 12.00
  • Price Per S Q F T: 268.57

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 9

Lot Info

  • Assessed Improvement Percent: 35.05
  • Assessed Improvement Value: 470400
  • Assessed Land Percent: 64.95
  • Assessed Land Value: 871846
  • Total Assessed Value: 1342246
  • Assessor Parcel Number: 5094-023-026
  • Lot Size Area: 6411

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.49
  • Number Of Units: 12
  • Total Annual Expense: 92277
  • Type Of Units: Residential
  • Vacancy Rate: 0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/11/2025 07/11/25 Price Changed $2,300,000 -4.2% $269 / Sq Ft
06/02/2025 06/02/25 Price Changed $2,400,000 -4.0% $280 / Sq Ft
05/09/2025 05/09/25 For Sale $2,500,000 -- $292 / Sq Ft
Source: The MLS

Similar Homes in Los Angeles, CA

  • 1940 S La Salle Ave, Los Angeles, CA 90018

    $1,899,000

    • 6 Beds
    • 5 Baths
    • 3,681 Sq Ft
    • 1940 S La Salle Ave
    • Los Angeles, CA

    Design your own dream house 5 minutes from DTLA, 10 minutes from USC, BMO Stadium, and LAX. 1940 S. La Salle can either be 1-3 bedrooms and a full bathroom downstairs with a large, 2 bed, 1 bath, plus sunroom/office upstairs or combined into one home. Property comes with 1942 and 1942 1/2 S. La Salle which are fully remodeled 1 and 2 bedroom apartments with new kitchens, bathrooms, flooring, and

    Jeffrey Joiner Jeff Joiner

    Section Image
  • 2367 W 18th St, Los Angeles, CA 90019

    $2,500,000

    • 10 Beds
    • 9 Baths
    • 7,562 Sq Ft
    • 2367 W 18th St
    • Los Angeles, CA

    Presenting this 9-Unit Multifamily Opportunity in Prime Mid-City Los Angeles, a rare investment opportunity located at the high-visibility corner of St. Andrews Place and 18th Street in the heart of Mid-City Los Angeles — one of the city's most sought-after rental submarkets. This two-story, gated apartment building consists of 9 units with a favorable mix of studio, one-bedroom, and two-bedroom

    Steve Kim Best Realty & Investment, Inc.

    Section Image
  • 5115 Clinton St Unit 1, Los Angeles, CA 90004

    $2,575,000

    • 10 Beds
    • 11 Baths
    • 5,393 Sq Ft
    • 5115 Clinton St
    • Unit 1
    • Los Angeles, CA

    Beautifully remodeled and high in-place cash flow trophy asset located in the heart of A+ Larchmont and just blocks away to Historic Hancock Park and Wilshire Country Club! This professionally managed building has been fully restored and is being offered a true 6.01% current cap rate (based on current rents, new tax rate, and May 2024 to May 2025 actual expenses). 6 of the 7 units are eligible

    Rob Kellner Avenue Realty Group

    Section Image
  • 4301 Melbourne Ave, Los Angeles, CA 90027

    $1,990,000

    • 6 Beds
    • 6 Baths
    • 3,986 Sq Ft
    • 4301 Melbourne Ave
    • Los Angeles, CA

    Beautiful 1929 Sixplex, with significant ADU potential, in prime Los Feliz location. The property boasts a sunny South-facing corner lot with excellent exposure. Ideal for investors and 1031 exchange buyers. Each one-bedroom/one-bath unit comes with its own garage space. Possible Opportunity to add two, 2-bedroom, ADU's above the existing garage. Located within the highly ranked and sought after

    Dennis Chernov The Agency

    Section Image
  • 2313 Glendale Blvd, Los Angeles, CA 90039

    $1,895,000

    • 6 Beds
    • 3,954 Sq Ft
    • 2313 Glendale Blvd
    • Los Angeles, CA

    R3 ZONED SILVER LAKE GEM – SIX UNITS + DEVELOPMENT POTENTIAL!!! Unlock exceptional value and future opportunity with this rare income-generating 6-unit property in the heart of Silver Lake, one of Los Angeles’ most coveted and vibrant neighborhoods! Just a short stroll from the scenic Silver Lake Reservoir, lush meadows, and the community-favorite dog park, this property delivers the perfect

    David Sevanian Keller Williams VIP Properties

    Section Image
  • 1716 W 45th St, Los Angeles, CA 90062

    $1,745,000

    • 7 Beds
    • 6 Baths
    • 5,464 Sq Ft
    • 1716 W 45th St
    • Los Angeles, CA

    5-UNIT COMPLEX! Stylish cosmetic remodel with new hardwood laminate flooring throughout, kitchens, bathrooms, and fixtures. New roof and plenty of parking. Two-story Spanish 4plex with a detached 3 bedroom house (City records show 2 bed). Submit your best offer. Great access to Downtown L.A, and other major City hubs. West of Western, South of Vernon, North of Slauson. 1 unit is currently

    Koeun Hwang Happy Haus Inc.

    Section Image
  • 4124 Los Feliz Blvd, Los Angeles, CA 90027

    $2,095,000

    • 6 Beds
    • 5,138 Sq Ft
    • 4124 Los Feliz Blvd
    • Los Angeles, CA

    We are pleased to present a rare opportunity to acquire a striking and character-rich 6-unit apartment building in the heart of the highly sought-after Los Feliz neighborhood. Known affectionately as “The Pink Castle,” this generational asset offers timeless architecture and strong upside potential. Each unit is an oversized 1-bedroom + den layout, approximately 860 square feet, featuring

    David Nalbandyan LA Premier Realty

    Section Image
  • 7401 Fountain Ave, Los Angeles, CA 90046

    $2,275,000

    • 8 Beds
    • 5 Baths
    • 6,040 Sq Ft
    • 7401 Fountain Ave
    • Los Angeles, CA

    Welcome to 7401 Fountain Avenue, a charming multi-unit property strategically positioned at the crossroads of West Hollywood and Los Angeles. This unique real estate offering comprises a four-unit apartment building (with one unit as Section 8) alongside a single-family home, which is currently configured as a one-bedroom, one-bathroom residence (previously two bedrooms). Marking its first

    Sebastian Wolski Compass

    Section Image
  • 751 -753 3/4 N Hayworth Ave, Los Angeles, CA 90046

    $2,400,000

    • 8 Beds
    • 5 Baths
    • 4,101 Sq Ft
    • 751 -753 3/4 N Hayworth Ave
    • Los Angeles, CA

    Available 5 Plex for Sale in West Hollywood Vicinity. Beautiful Traditional design with 5 Apartment Units: 753 - 2 Bedroom / 1 Bathroom (approximate 1324 sq ft); 753 1/2 - 2 Bed / 1 Bath (approx 776 sq ft); 753 - 2 Bedrooms / 1 Bathroom ( 781 sq ft); 751 - 1 Bed / 1 Baths (approx 610 sq ft); 751 1/2 - 1 Bed / 1 Baths (approx 610 sq ft).. 751 Hayworth Ave. is a prime location. The next building

    Ricky Mitchell The Passman Group, Inc.

    Section Image

Source: The MLS

MLS Number: 25536927

The MLS