1164 N Kenmore Ave, Los Angeles, CA 90029
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1164 N Kenmore Ave Los Angeles, CA 90029

$8,400,000 Sold Price as of 11/01/2022
  • -- Beds
  • -- Baths
  • 10,032 Sq.Ft.
Sold
$8,400,000 Sold Price as of 11/01/2022 Refinance Your Mortgage

Map preview of 1164 N Kenmore Ave, Los Angeles, CA 90029

Property Overview: 1164 N Kenmore Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 10,032 living square feet and 8,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to announce the exclusive listing of Common Kenmore, a 5 unit, 29 bedroom co-living, multi-family property situated in East Hollywood, Los Angeles. This modern, luxury building offers all the functionality and flexibility that residents are looking for in a co-living environment. East Hollywood is the ideal location for anyone looking to discover L.A. and everything it has to offer, but also avoiding the congestion and traffic that comes with downtown L.A. The Property is within walking distance to the Metro B Line at Vermont/Santa Monica, which makes stops in North Hollywood, Hollywood Hills and Downtown. The Property was designed to be ultra-modern, with high-end finishes and comfort and convenience in mind. Each suite is all-inclusive, loaded with in-unit laundry facilities, kitchen utensils, paper products and fully furnished common areas, with private bedrooms off the main living space. Other on-site amenities include a bike storage room, a community room, outdoor deck area, and outdoor BBQ area. Utilities, Wi-Fi, supplies and cleaning, are also included for added resident convenience. The Property also offers 9 on-site parking spaces. Surrounding the Property, East Hollywood offers multiple quaint restaurants and shops, as well as grocery stores and gas stations. Residents have the choice to select 3-month, 6-month or 12-month lease options, providing even greater flexibility to offer to residents. This unique, multi-family asset presents the opportunity to acquire a strong performing asset in the energetic neighborhood of East Hollywood. The Property's features and amenities provide the potential to continue to attract demand that will continue to grow for years, giving new ownership the ideal circumstance to experience positive returns.

Listed by Edmund Ha | BRE #01396902 | Coldwell Banker Realty
Last checked: 11 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
8,250
HOA Dues
$0/mo
Year built
2021
Garage
--
Property Type:
Other
Status
Sold
MLS#
22139711
City
Los Angeles
County
Los Angeles
Time on Site
347 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $346,205
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1164 N Kenmore Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Interior Features
  • Security Features: Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s), Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
Lot Information
  • Lot Features: Back Yard
Property Information
  • Total # of Units: 5
  • Parcel Number: 5540027006
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica Boulevard and West of Vermont Avenue. On the corner of Kenmore Avenue and Lexington Avenue.
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Sale History for 1164 N Kenmore Ave

Last sold for $8,400,000 on November 1st, 2022
  • November, 2022

  • Nov 1, 2022

    Date

    Sold

    CRMLS: 22139711

    $8,400,000

    Price

  • Mar 14, 2022

    Date

    Active

    CRMLS: 22139711

    $8,650,000

    Price

  • October, 2018

  • Oct 31, 2018

    Date

    Sold

    CRMLS: 18372252

    $1,095,000

    Price

  • Sep 25, 2018

    Date

    Active Under Contract

    CRMLS: 18372252

    $1,199,000

    Price

  • Aug 23, 2018

    Date

    Price Change

    CRMLS: 18372252

    $1,199,000

    Price

  • Aug 4, 2018

    Date

    Active

    CRMLS: 18372252

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    Keller Williams Commercial Hollywood Hills, is pleased to announce the sale of 1164 N. Kenmore Ave, a small lot or multifamily development opportunity in the heart of one of Los Angeles' hottest markets, Hollywood. Located between the world famous Sunset Blvd and Santa Monica Blvd, just minutes from major attractions, retail and employment centers. This single family home is not rent controlled and will be delivered vacant. The subject property is located in the highly sought after and trendy neighborhood of East Hollywood, less than a mile to the center of Hollywood. It is located within minutes of major employers like Kaiser Permanente, Netflix, Bronson Studios and Paramount Studios. With easy access to the 101 freeway, residents are also just a short commute away from Downtown Los Angeles and the Valley. Additionally, the neighborhood has a high walk score of 83 and is within walking distance of both the Santa Monica/Vermont and Sunset/Vermont subway stations.

  • October, 2018

  • Oct 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,095,000

    Price

  • February, 1999

  • Feb 11, 1999

    Date

    Sold (Public Records)

    Public Records

    $210,000

    Price

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Tax History for 1164 N Kenmore Ave

Assessed Value (2020): $1,116,900
Year Land Value Improved Value Assessed Value
2020 $893,520 $223,380 $1,116,900

Home Value Compared to the Market

This property vs the competition

1164 N Kenmore Ave sold on November 1, 2022 for 626.89% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $862.24 per/sqft which puts the price per square foot 14.2% higher than the current median sale per square foot for the city of Los Angeles.

About 1164 N Kenmore Ave

Detailed summary of property

1164 N Kenmore Ave is a other that recently sold in Los Angeles, CA 90029. This property offered -- bedrooms, -- bathrooms, roughly 10,032 living square feet, and sits on an approximately 8,250 square foot lot. 1164 N Kenmore Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $8,400,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 626.89% higher than the current median priced home. While the average home in Los Angeles, CA is selling in 94 days, 1164 N Kenmore Ave has a days on market of 63 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1164 N Kenmore Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1164 N Kenmore Ave

Public county record property details
Beds
3
Baths
1
Year built
1920
Sq. Ft.
1,528
Lot Size
8,250
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5540-027-006

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,200,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
35
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 1164 N Kenmore Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.