250 S Kenmore Avenue
Los Angeles, CA 90004
- – beds
- – baths
- – sqft
- 8,948 sqft lot
- 1926 build
- – on site
250 S Kenmore Ave is a 40-unit apartment building located in the heart of Koreatown, one of Los Angeles' most desirable and rapidly developing submarkets. Originally built in 1926, this well-maintained, four-story property has undergone significant unit renovations and offers additional value-add potential. The building features a strong unit mix of 34 studio units and 6 one-bedroom, one-bath units.250 S Kenmore provides investors with the chance to enter a high-demand rental market, with potential for further value through additional renovations. Twenty-eight of the forty units have been extensively renovated with high-end finishes which include new stainless-steel appliances, laminate and tile flooring, upgraded kitchens with new cabinets, stone countertops, and tile backsplashes, new fixtures, new paint, new based moldings, and energy efficient LED lighting. The property also offers secure access and on-site laundry facilities for tenant convenience.Beyond the units, the property has seen substantial upgrades, including a new roof installed in 2014, a fully renovated lobby with new paint, tile, and lighting, and refreshed common area hallways with new paint, refinished hardwood floors, and updated lighting fixtures. In 2017, current ownership installed a solar thermal system and a new boiler. Additionally, the property features drought-resistant landscaping, contributing to sustainability and water conservation efforts. While the property has undergone significant renovations, there remains an opportunity for investors to capitalize on the remaining rental upside through a comprehensive interior renovation program. 250 S Kenmore is ideally located in one of Los Angeles' most vibrant and sought-after neighborhoods. The property is a Walker's Paradise, with convenient access to a wide range of nearby amenities, including entertainment venues, restaurants, shopping, hotels, and nightlife. Positioned in an area with substantial economic growth, 250 S Kenmore presents a unique opportunity to acquire a well-maintained asset with strong potential for long-term appreciation and rental growth.
Last checked:
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Last updated Jan 30, 2025
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MLS# 25491227 —
The Building
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Year Built:1926
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New Construction:No
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Building Area Total:24592.00
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Total Number Of Units:40
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# of Buildings:1
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Stories Total:4
Interior
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Features:Ceiling Fan(s)
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Levels:Multi/Split
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Laundry:Community
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Laundry:1
Financial & Terms
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Disclosures:Rent Control
Location
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Directions:South of Beverly Blvd, North of 3rd Street, West of Vermont, East of Normandie
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Latitude:34.06971800
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Longitude:-118.29627800
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:8948.0000
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Lot Size Acres:0.2054
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Lot Size SqFt:8948.00
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:5518021019
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Appliances:Refrigerator
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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 |
|---|---|---|---|---|
|
1/29/25
Jan 29, 2025
|
Listed / Active | CRMLS_CA | $6,295,000 |
