936 S Kenmore Avenue

    Los Angeles (City), CA 90006
    • $2,700,000
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: 19508794
    UPDATED: 19 min ago
    $2,700,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,440
      SQFT
    • $320
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    We are pleased to present a sixteen (16) unit apartment building, located at 936 South Kenmore Avenue in Los Angeles, California. The subject property is situated west of Vermont Avenue, and north of West Olympic Boulevard. Koreatown is best known for its wide variety of entertainment and ease of accessibility to many coveted destinations. Offering countless entertainment venues, diverse restaurants, and energetic nightlife, the area continues to attract new residents, businesses, and visitors each year. Koreatown is the most densely populated district by population in Los Angeles County. Considered one of the hottest real estate markets in Los Angeles, the community is growing rapidly with over 52 new developments this year.Well-positioned in a great Koreatown location, this property offers a special opportunity for an astute investor to capitalize on significant potential upside in a core market of Los Angeles.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T12:38:31.193. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98800885

    936 S Kenmore Avenue Los Angeles (City), CA 90006

    • Price: $2,700,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: 19508794
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    8,440
    SQFT
    $320
    $/SQFT
    1925
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    We are pleased to present a sixteen (16) unit apartment building, located at 936 South Kenmore Avenue in Los Angeles, California. The subject property is situated west of Vermont Avenue, and north of West Olympic Boulevard. Koreatown is best known for its wide variety of entertainment and ease of accessibility to many coveted destinations. Offering countless entertainment venues, diverse restaurants, and energetic nightlife, the area continues to attract new residents, businesses, and visitors each year. Koreatown is the most densely populated district by population in Los Angeles County. Considered one of the hottest real estate markets in Los Angeles, the community is growing rapidly with over 52 new developments this year.Well-positioned in a great Koreatown location, this property offers a special opportunity for an astute investor to capitalize on significant potential upside in a core market of Los Angeles.
    Exterior Features

    Lot Size Units Square Feet

    Interior Features

    Laundry Features See Remarks

    Property Features

    Cap Rate 2.99 Gross Multiplier 15.94 Gross Operating Income 169411.00 Improvements Amount 541200 Land Value 460185 Laundry YN Yes Net Operating Income 80800.00 Special Listing Conditions Standard Total Expenses 83529.00 Zoning Lar4

    Listing provided courtesy of Jason Tuvia of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T12:38:31.193. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
     
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