205 N Kenmore Avenue
Los Angeles, CA 90004
- – beds
- – baths
- – sqft
- 7,607 sqft lot
- 1925 build
- – on site
We are pleased to present 205 N Kenmore Ave, a 31-unit multifamily investment opportunity in the Koreatown neighborhood of Los Angeles located between Beverly Blvd & 1st St. The property features a unit mix of 31 singles; renovated units include refinished floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans. At the asking price, the property is being offered at a 6.37% CAP rate at 9.35 GRM on current income with an additional 13% rental upside achievable as units turn through continued interior renovations. The property has professional landscaping and a secured, gated entrance with intercom access and security cameras; significant cap ex has been invested by ownership into the systems and common areas including new security camera system, solar thermal panels, storage tank, common area paint, and new intercom. The building is separately metered for electricity and has an on-site laundry room with three washers and two dryers (lease with Dadson). High Walk Score of 87, the property is walking distance to the Metro Red & Purple Rail Lines, and Metro Local Lines along Beverly Blvd & 1st St. This neighborhood of Koreatown is ideally located with a short commute to Downtown Los Angeles, Hollywood, and Mid-City.
Last checked:
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Last updated Jan 18, 2025
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MLS# 25477473 —
The Building
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Year Built:1925
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New Construction:No
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Building Area Total:15408.00
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Total Number Of Units:31
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# of Buildings:1
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Stories Total:3
Interior
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Levels:Three Or More
Location
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Directions:South of Beverly Blvd
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Latitude:34.07465300
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Longitude:-118.29686900
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:7607.0000
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Lot Size Acres:0.1746
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Lot Size SqFt:7607.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5518017026
Heating & Cooling
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Heating:None
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:No
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Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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1/7/25
Jan 7, 2025
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Listed / Active | CRMLS_CA | $4,950,000 | 67.8% (6.5% / YR) |
|
8/18/22
Aug 18, 2022
|
Listed / Active | CRMLS_CA | ||
|
8/28/14
Aug 28, 2014
|
CRMLS_CA | $2,950,000 |
