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1232 S Kenmore Ave, Los Angeles, CA 90006
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1232 S Kenmore Ave Los Angeles, CA 90006

$1,199,900
  • 8 Beds
  • 5 Baths
  • 3,828 Sq.Ft.
For Sale
$1,199,900 Get Pre-Qualified
Map preview of 1232 S Kenmore Ave, Los Angeles, CA 90006

Property Overview: 1232 S Kenmore Ave Los Angeles, CA has 8 bedrooms, 5 bathrooms, 3,828 living square feet and 5,908 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Located in Koreatown, this two-story low-rise multifamily residence presents a rare investment opportunity in one of Los Angeles bustling communities. The property offers a diverse unit mix. This property is a nexus of connectivity, located a stone's throw from iconic LA landmarks and amenities, including: Downtown LA, Hollywood, Crypto Center, & USC. The property consists of a 4 unit structure in front, including 4 large and bright one bedroom one bathroom units with den. The detached structure in the back consists of a one bedroom one bathroom unit. The property includes gated on site parking.

Listed by Philip Boroda | BRE #00822192 | Coldwell Banker Realty
Co-listed by Ryan Manavi | BRE #02041908 | Coldwell Banker Realty
Last checked: 14 minutes ago | Last updated: June 19th, 2024 | Source CRMLS | DOM: 20
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Home details

Lot Sq. Ft
5,908
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24402741
City
Los Angeles
County
Los Angeles
Time on Site
20 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.3
  • Gross Scheduled Income: --
  • Net Operating Income: $63,157
  • Gross Operating Income: $89,700
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1232 S Kenmore Ave

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Property Details for 1232 S Kenmore Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Driveway - Combination
Property Information
  • No View
  • View: None
  • Total # of Units: 5
  • Parcel Number: 5078032018
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Pico, South of Olympic
View more facts & features

Local Los Angeles Agent

Sale History for 1232 S Kenmore Ave

Last sold for $1,010,000 on June 11th, 2020

  • June, 2024

  • Jun 11, 2024

    Date

    Active

    CRMLS: 24402741

    $1,199,900

    Price

  • May, 2024

  • May 1, 2024

    Date

    Expired

    CRMLS: OC23200830

    $1,090,900

    Price

  • Oct 27, 2023

    Date

    Active

    CRMLS: OC23200830

    $1,422,700

    Price

  • Listing provided courtesy of CRMLS

    Price Reduced significantly!! This rare investment opportunity is in Koreatown area, one of Los Angeles' most vibrant and bustling communities, is perfect for the savvy investors that see opportunity in the multi-unit space. The property is currently in bankruptcy sale. A MUST SALE!!! Accepting all offers.

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: DW23186531

    $1,422,700

    Price

  • Oct 10, 2023

    Date

    Active

    CRMLS: DW23186531

    $1,422,700

    Price

  • Listing provided courtesy of CRMLS

    Bankruptcy Sale. Situated on the thriving southern border of Koreatown, this two-story low-rise multifamily residence presents a rare investment opportunity in one of Los Angeles’ bustling communities. The property offers a diverse unit mix. This property is a nexus of connectivity, located a stone's throw from iconic LA landmarks and amenities, including: Downtown LA, Hollywood, Crypto Center, & USC. Dive into the heartbeat of the city with its myriad of dining, shopping, and cultural experiences. Immerse in the world of entertainment and the rich history of the film industry. A hub for major concerts and sporting events. The property also ensures effortless commuting with close proximity to the 10, 110, and 101 freeways. Public transportation. Don't miss this opportunity to invest in Koreatown's growth and potential!

  • June, 2020

  • Jun 11, 2020

    Date

    Sold

    CRMLS: SB20113057

    $1,010,000

    Price

  • Jun 11, 2020

    Date

    Active

    CRMLS: SB20113057

    $1,000,000

    Price

  • Listing provided courtesy of CRMLS

    5 Units in Koreatown

  • February, 2020

  • Feb 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,010,000

    Price

  • August, 2019

  • Aug 28, 2019

    Date

    Expired

    CRMLS: SB19061681

    $1,050,000

    Price

  • Jun 12, 2019

    Date

    Withdrawn

    CRMLS: SB19061681

    $1,050,000

    Price

  • Mar 19, 2019

    Date

    Active

    CRMLS: SB19061681

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present 1232 S. Kenmore Ave., Los Angeles, a beautiful, 5-unit building in Koreatown. Kenmore Ave. is comprised of (5) Large, 1-bedroom/1-bath units, and sits on a massive 6,000 Sq.Ft lot. One of the units is currently vacant, ready to be raised to market rents of $1800. Another bedroom has been completely renovated. This property is going to be surrounded by the development boom taking place in Koreatown, with 52 projects set to take place. This is a perfect, value-add opportunity for any new investor looking to own in the flourishing Koreatown area.

  • February, 2019

  • Feb 1, 2019

    Date

    Expired

    CRMLS: 18411512

    $1,025,000

    Price

  • Jan 14, 2019

    Date

    Withdrawn

    CRMLS: 18411512

    $1,025,000

    Price

  • Dec 9, 2018

    Date

    Active

    CRMLS: 18411512

    $1,025,000

    Price

  • Dec 1, 2018

    Date

    Expired

    CRMLS: 18411512

    $1,025,000

    Price

  • Nov 29, 2018

    Date

    Active

    CRMLS: 18411512

    $1,025,000

    Price

  • Listing provided courtesy of CRMLS

    Marcus & Millichap is pleased to present the exclusive listing of a 5 unit apartment building located at 1232 SKenmore St. Located in the heart of booming Koreatown, this property is surrounded by over 50 luxurydevelopments that will raise the skyline of Los Angeles forever.The property consists of a 4 unit structure in front, including 4 large and bright one bedroom one bathroomunits with den. The detached structure in the back consists of a one bedroom one bathroom unit. The propertyincludes gated on site parking.This is a tremendous opportunity for the value add investor who is able to capture the upside in rents in thisfast growing area.

  • May, 2018

  • May 24, 2018

    Date

    Expired

    CRMLS: BB17263583

    $1,079,000

    Price

  • Mar 19, 2018

    Date

    Price Change

    CRMLS: BB17263583

    $1,079,000

    Price

  • Nov 24, 2017

    Date

    Active

    CRMLS: BB17263583

    $1,119,000

    Price

  • Listing provided courtesy of CRMLS

    Reduced, Great Opportunity to invest/own on this 5 unit apartments in Los Angeles. Minutes away from the 10, 110, 101 freeways, Downtown LA, Staples Center, USC Campus, Convention Center and the Dodger Stadium to name a few. Two buildings on the lot, each unit have separate electric and gas meters. Each unit features 1 bedrooms and 1 bath, well maintained new exterior paint, fully occupied. Close to shopping, schools, public transportation and restaurants. The property has 5 units and well maintained building. Centrally located in Los Angeles and just a few minutes from the downtown area. Two buildings on the lot. Great income property. All units are occupied. Moreover, the property benefits from a strong rental, business-centric area which will help to support future value appreciation. Drive by only. Inside inspection with an accepted offer. PLEASE DO NOT DISTURB OCCUPANTS. See BB18029279 in Residential Commercial.

  • May, 2018

  • May 16, 2018

    Date

    Expired

    CRMLS: BB18029279

    $1,079,000

    Price

  • Mar 19, 2018

    Date

    Price Change

    CRMLS: BB18029279

    $1,079,000

    Price

  • Feb 12, 2018

    Date

    Active

    CRMLS: BB18029279

    $1,119,000

    Price

  • Listing provided courtesy of CRMLS

    Reduce, Great opportunity to invest/own this 5 units apartment in Los Angeles, minutes away from the 10, 110,101 freeways, downtown LA, Staples Center, USC campus, Convention Center and the Dodgers Stadium to name a few. Two buildings on the lot, each unit have separate electric and gas meters. Each unit features 1 bedroom and 1 bath, well maintained, new exterior paint, fully occupied. Close to shopping, schools, public transportation and restaurants. The property has 5 units and well maintained building. Centrally located in Los Angeles and just a few minutes from the downtown area. Two buildings on the lot. Great income property. All units are occupied. Moreover, the property benefits from a strong rental, business-centric area which will help to support future value appreciation. Drive by only. Inside inspection with an accepted offer. PLEASE DO NOT DISTURB OCCUPANTS. LISTED IN COMMERCIAL SALE, MLS #BB17263583

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Tax History for 1232 S Kenmore Ave

Assessed Value (2020): $120,074
Year Land Value Improved Value Assessed Value
2020 $56,933 $63,141 $120,074

Home Value Compared to the Market

This property vs the competition

1232 S Kenmore Ave is listed 2.92% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $313.45 per/sqft which puts the price per square foot 59.55% lower than the median price per square foot for the city of Los Angeles.

About 1232 S Kenmore Ave

Detailed summary of property

1232 S Kenmore Ave is a multi family located in Los Angeles, CA 90006 and is currently for sale. This multi family property offers 8 bedrooms, 5 bathrooms, roughly 3,828 living square feet, and sits on an approximately 5,908 square foot lot. 1232 S Kenmore Ave was first listed on ArdentRealEstateGroup.com on June 11, 2024. The homeowner is currently asking $1,199,900. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 2.92% lower than the median priced home. Local competing homes currently for sale include 920 S Kenmore Ave, 1678 Roosevelt Ave and 1220 S Hobart Blvd. While the average home in Los Angeles, CA is selling in 99 days, 1232 S Kenmore Ave has a days on market of 20 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1232 S Kenmore Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1232 S Kenmore Ave

Public county record property details
Beds
5
Baths
5
Year built
1913
Sq. Ft.
3,828
Lot Size
5,907
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5078-032-018

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$604
Median Sold Price
$299,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
45
Median Sale to List Price %
100%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Recently Sold Homes Near 1232 S Kenmore Ave

1215 S Kenmore Ave, Los Angeles, CA 90006
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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.

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