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111 N Kenmore Avenue

Los Angeles (City), CA 90004
  • $2,635,000
  • STATUS: Active
  • ON SITE: 814 Days
  • ID#: 21702544
UPDATED: 69 min ago
$2,635,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,972
    SQFT
  • $441
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Listing Agent(s): Bruce Jay of Bruce Jay Associates (323-660-3600)


Description

EXCELLENT LONG-TERM INVESTMENT, SOLID STRUCTURE FROM EVERY VIEW, GREAT LOCATION, EASY ACCESS, AND BEST OF ALL THE OWNER WILL CONSIDER YOUR OFFER! MAGNIFICENT INVESTMENT WITH A POTENTIAL 4.25% CAP RATE! Remarkable Statuesque Pre-Depression Construction (the very best) Investment Property, that speaks of Pride of Ownership! Clean and Well-Maintained, Very Large Apartment-Homes each averaging approximately 1,500 Square Feet! Extensive Parking Court with 4 Garages. Accented with Over-Sized Windows, Character Structure Adornments, a Romeo and Juliet Balcony, Tiled Roof, PLUS all the 1920's Ornate Details included. Remarkable Curb Appeal, this is a strong long-term Investment in the Heart of L.A. (perhaps an Owner-User option someday in the future?). All units are month-to-month. This is a rare opportunity for a Classic Investment Property which will benefit your Real Estate Portfolio in the years ahead! Please call for more details. Thank you!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T11:30:36.03. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/114884805
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111 N Kenmore Avenue Los Angeles (City), CA 90004

  • Price: $2,635,000
  • Status: Active
  • On Site: 814 Days
  • Updated: 69 min ago
  • ID#: 21702544
8
Beds
0
Baths
0
½ Baths
0.17
Acres
5,972
SQFT
$441
$/SQFT
1924
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
EXCELLENT LONG-TERM INVESTMENT, SOLID STRUCTURE FROM EVERY VIEW, GREAT LOCATION, EASY ACCESS, AND BEST OF ALL THE OWNER WILL CONSIDER YOUR OFFER! MAGNIFICENT INVESTMENT WITH A POTENTIAL 4.25% CAP RATE! Remarkable Statuesque Pre-Depression Construction (the very best) Investment Property, that speaks of Pride of Ownership! Clean and Well-Maintained, Very Large Apartment-Homes each averaging approximately 1,500 Square Feet! Extensive Parking Court with 4 Garages. Accented with Over-Sized Windows, Character Structure Adornments, a Romeo and Juliet Balcony, Tiled Roof, PLUS all the 1920's Ornate Details included. Remarkable Curb Appeal, this is a strong long-term Investment in the Heart of L.A. (perhaps an Owner-User option someday in the future?). All units are month-to-month. This is a rare opportunity for a Classic Investment Property which will benefit your Real Estate Portfolio in the years ahead! Please call for more details. Thank you!
Exterior Features

Architectural Style Spanish Attached Garage YN No Direction Faces East Parking Total 4 View YN Yes

Interior Features

Fireplace Features Dining RoomLiving Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Buyer Financing Cash Cap Rate 4.25 Garage YN Yes Gross Income 144000 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 112000 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T11:30:36.03. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Bruce Jay of Bruce Jay Associates (323-660-3600)